Soma Gold Corp. (SMAGF)
Soma Gold Corp. operates in the Gold industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.54, up 0.04% on the session, giving a market capitalisation of $64.1M. On trailing twelve-month figures it carries a trailing P/E of -9.29, a net margin of -10.1%. Its beta of 0.58 implies it has historically moved less than the broad market.
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.
Soma Gold Corp. is most often compared with the following Basic Materials names: