Turaco Gold Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Gold
  • Company website

Company description

Turaco Gold Limited engages in the acquisition, exploration, and development of gold deposits in Cote d'Ivoire. It holds interest in the Eburnea gold project that covers two granted permits covering 690 square kilometers in central Côte d'Ivoire; and the Tongon north project that consists of four granted exploration permits and one exploration permit application covering an area of 1,540 square kilometers located in the Senoufo greenstone belt in northern Côte d'Ivoire. The company also holds interest in the Boundiali gold project that consist of a granted exploration permit covering an area of 223 square kilometers; and the Ferke gold project that comprises an exploration permit covering an area of 300 square kilometers located in northern Côte d'Ivoire. In addition, it holds interest in the Odienne project, Oume gold project, and Molonou gold project. The company was formerly known as Manas Resources Limited and changed its name to Turaco Gold Limited in July 2021. Turaco Gold Limited was incorporated in 2007 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$28.6549 million
P/E Ratio0
P/E Growth Ratio
Book Value0.01
Dividend Per Share0
Earnings Per Share-0.02
EBITDA-10,639.491
Profit Margin0
Operating Margin TTM0
Return on Assets TTM-0.6418
Return on Equity TTM-1.156
Revenue TTM25.343

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-12-31 2.55
2017-12-31 84.56
2018-12-31 46.45
2019-12-31 57.69 791.847
2020-12-31 34.66 944.592
2021-12-31 4.67 5,072.07
2022-12-31 127.31 10,738.929

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-12-31 7,168.38 14,340.61 768.97 0 53,083.58
2017-12-31 9,709.04 9,746.25 194.82 0 53,083.579
2018-12-31 8,832.84 9,769.18 232.84 0 53,083.579
2019-12-31 7,217.081 8,981.157 107.384 0 53,083.579
2020-12-31 5,328.722 8,446.001 360.626 0 53,609.222
2021-12-31 13,872.625 18,175.215 991.738 49.407 67,070.815
2022-12-31 3,850.917 5,502.993 1,503.305 36.889 67,224.769

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-12-31 -1,641.51 6,937.12 7,168.38
2017-12-31 -4,063.295 -1,364.583 2,540.655 7,168.38 9,709.035
2018-12-31 -63.608 -792.564 -876.192 9,709.035 8,832.843
2019-12-31 -681.643 -592.384 -1,615.762 8,832.843 7,217.081
2020-12-31 -1,277.696 -404.358 -1,888.359 7,217.081 5,328.722
2021-12-31 -5,056.075 -1,595.007 8,543.903 5,328.722 13,872.625
2022-12-31 -10,406.525 -9,897.24 -10,021.708 13,872.625 3,850.917