Soma Gold Corp. (SMAGF) Research

Soma Gold Corp. is a natural resources firm primarily engaged in the acquisition, exploration, and development of mineral assets across South America. Its flagship operation is the El Bagre gold mining complex, located in Antioquia, Colombia. This complex comprises an operational gold processing plant, the active underground gold mines of La Ye and Los Mangos, and the developing Cordero underground mine project. In addition, Soma Gold holds full ownership of the Zara exploration properties, which span approximately 29,000 hectares in Antioquia, Colombia, alongside the El Limon gold mine situated elsewhere in Colombia. The company also possesses an interest in the Nechí Gold project, likewise found in Antioquia, Colombia. Formerly known as Para Resources Inc., the company officially became Soma Gold Corp. in May 2020 and is headquartered in Vancouver, Canada.

Market snapshot

Symbol
SMAGF
Price
$0.54
Day change
-5.26%
Market cap
$71.5M
P/E ratio
-10.73x
52-week range
0.5101-1.9
Sector
Basic Materials
Industry
Gold
Next earnings
in 2 months

Peer companies

  • Eloro Resources Ltd. (ELRRF)
  • Golconda Gold Ltd. (GGGOF)
  • Geopacific Resources Limited (GPACF)
  • Ionic Rare Earths Limited (IXRRF)
  • Minaurum Gold Inc. (MMRGF)
  • Outcrop Silver & Gold Corporation (OCGSF)
  • Orosur Mining Inc. (OROXF)
  • Pan African Resources PLC (PAFRY)

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