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Damara Gold Corp (DMR)

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0.0300 +0.0000    +0.00%
02/05 - Closed. Currency in CAD ( Disclaimer )
Type:  Equity
Market:  Canada
  • Volume: 0
  • Bid/Ask: 0.0250 / 0.0300
  • Day's Range: 0.0300 - 0.0300
Damara Gold 0.0300 +0.0000 +0.00%

DMR Balance Sheet

 
Featured here, the Balance Sheet for Damara Gold Corp, which summarizes the company's financial position including assets, liabilities and shareholder equity for each of the latest 4 period ending dates (either quarterly or annually).
AnnualQuarterly
InvestingPro Advanced Balance Sheet
Period Ending: 2024
31/01
2023
31/10
2023
31/07
2023
30/04
Total Current Assets 0.023 0.028 0.033 0.058
Cash and Short Term Investments 0.016 0.025 0.03 0.054
Cash - - - -
Cash & Equivalents 0.016 0.025 0.03 0.054
Short Term Investments - - - -
Total Receivables, Net 0.006 0.003 0.002 0.002
Accounts Receivables - Trade, Net - - - -
Total Inventory - - - -
Prepaid Expenses - - 0.001 0.002
Other Current Assets, Total - - - -
Total Assets 2.74 2.74 2.75 2.7
Property/Plant/Equipment, Total - Net 2.67 2.67 2.67 2.59
Property/Plant/Equipment, Total - Gross 2.67 2.67 2.67 2.59
Accumulated Depreciation, Total - - - -
Goodwill, Net - - - -
Intangibles, Net - - - -
Long Term Investments - - - -
Note Receivable - Long Term 0.006 0.003 0.002 0.002
Other Long Term Assets, Total 0.05 0.05 0.05 0.05
Other Assets, Total -0.006 -0.003 -0.002 -0.002
Total Current Liabilities 0.141 0.109 0.078 0.04
Accounts Payable 0.056 0.049 0.045 0.023
Payable/Accrued - - - -
Accrued Expenses 0.085 0.059 0.033 0.017
Notes Payable/Short Term Debt - - - -
Current Port. of LT Debt/Capital Leases - - - -
Other Current liabilities, Total - - - -
Total Liabilities 0.141 0.109 0.078 0.04
Total Long Term Debt - - - -
Long Term Debt - - - -
Capital Lease Obligations - - - -
Deferred Income Tax - - - -
Minority Interest - - - -
Other Liabilities, Total - - - -
Total Equity 2.6 2.64 2.67 2.66
Redeemable Preferred Stock, Total - - - -
Preferred Stock - Non Redeemable, Net - - - -
Common Stock, Total 34.92 34.92 34.92 34.92
Additional Paid-In Capital 1.62 1.62 1.62 1.55
Retained Earnings (Accumulated Deficit) -33.95 -33.91 -33.87 -33.81
Treasury Stock - Common - - - -
ESOP Debt Guarantee - - - -
Unrealized Gain (Loss) - - - -
Other Equity, Total - - - -
Total Liabilities & Shareholders' Equity 2.74 2.74 2.75 2.7
Total Common Shares Outstanding 73.52 73.52 73.52 73.52
Total Preferred Shares Outstanding - - - -
* In Millions of CAD (except for per share items)
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DMR Comments

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Mike Powell
Mike Powell Mar 28, 2022 12:01PM ET
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More solid news coming from Damara Gold, just confirmed a new high-grade zone at its Kodiak Zone prospect in Placer Mountain. Following their recently accelerated processing and assays for the hole KZ-21-05 intersecting 3.0m of 39.2 g/t gold and 80.4 g/t silver within the new orogenic-style vein system. Their maiden drill program has now confirmed the presence of a second potentially larger orogenic gold system at Placer Mountain.
Mike Powell
Mike Powell Mar 23, 2022 1:16PM ET
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Positive price movements are reflecting the positive results from Damara Gold’s Placer Mountain project where they’re reporting continued intersects of high grade gold already from only the first 6 of 18 holes completed. These updates have also made way for a successful extension in gold mineralization at the main vein. Definitely keeping an eye on this momentum
Mike Powell
Mike Powell Mar 21, 2022 1:31PM ET
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The recent and impressive results from Damada’s Placer Mountain project are only the tip of the iceberg. Highlights include continued intersects of high grade gold from all 6 of their first drill holes at the project with 1.4 meters of 34.12 g/t gold and 87.74 g/t Silver. The fact that the geological geology is strongly mirroring the adjacent (Gold Mountain) Elk Gold project is another fact that bodes well for this solid play leveraging rising gold prices.
Mike Powell
Mike Powell Mar 17, 2022 1:28PM ET
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I’m still hot on gold as a store of value so the positive results at Damara have seriously gained my interest. Their recent update from Placer Mountain reports continued intersects of high grade gold from all 6 of their first drill holes at the project. Highlights include 1.4 meters of 34.12 g/t gold and 87.74 g/t Silver. Furthermore, indicating high potential for a large scale orogenic gold system at the project for significant likelihood of expansion.
Mike Powell
Mike Powell Mar 08, 2022 12:34PM ET
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Damara Gold Corp just came onto my radar after it broke 10c on massive volume. Trading for $DMR.v has just resumed as of this morning. They’ve also just provided another update on their drilling at the Placer Mountain reporting continued intersects of high grade gold in the first six (of 18) 2021 drill holes at the project - including 1.4 meters of 34.12 g/t gold and 87.74 g/t Silver. These strong results are highlighting the strong potential for a large scale orogenic gold system at Placer Mountain - indicating significant expansion potential. Definitely one to watch
 
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