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Avanti Gold launches 42,000‑meter drilling program to expand Misisi resource
Avanti Gold is advancing the Misisi project in the DRC with a 42,000‑meter drilling program and expects first new results as early as next week. The current NI 43‑101 resource is 3.1 million ounces at 2.37 g/t; a resource update is planned for December 2026 and a preliminary economic assessment (PEA) is to begin in early 2027. The company recently raised CAD 25 million at CAD 0.50 per share for the program, remains independent and is focused on value creation before further dilution. Management highlights infrastructure advantages around Kalemie, visible gold in several drill holes and upside potential at satellite targets. » More on de.investing.com
Financials
| (EUR) | Apr 2026 | |
|---|---|---|
| Revenue | 0 | - |
| Gross profit | 0 | - |
| Net profit | -4.04M | 294.13% |
| EBITDA | -4.8M | 54.93% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €64.78M |
Number of shares | 208.81M |
52-week high/low | €0.68 - €0.17 |
| Dividends | No |
Beta | 2.51 |
P/E ratio | -6.23 |
PEG ratio | -0.25 |
P/B ratio | 6.89 |
P/S ratio | 0.00 |
Company profile
| Name | Avanti Gold Aktie |
| CEO | Mohamed Cisse |
| Employees | 4 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Frankfurt | X370.F |
München | X370.MU |
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