Soma Gold boosts output by 8% in Q1, implements new mining method at Cordero
- Proactive Investors
Metrics to compare | SOMA | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipSOMAPeersSector | |
|---|---|---|---|---|
P/E Ratio | −7.5x | 9.8x | 4.2x | |
PEG Ratio | 0.03 | 0.03 | 0.00 | |
Price/Book | 1.3x | 1.9x | 1.6x | |
Price / LTM Sales | 1.3x | 4.6x | 1.3x | |
Upside (Analyst Target) | - | 29.3% | 39.7% | |
Fair Value Upside | Unlock | −1.7% | 2.3% | Unlock |
Soma Gold Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Columbia. It operates El Bagre gold mining complex, which consists of an operating gold processing plant and the Cordero underground mine located in the Antioquia, Colombia. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020. Soma Gold Corp. was founded in 2012 and is headquartered in Vancouver, Canada.