Home / Going-concern warnings / Star Gold Corp.
Filed 2025-04-29 路 Form 10-Q 路 Accession 0001437749-25-013387 nano
Price before filing: $0.0452 (2025-04-28 close, split/dividend-adjusted)
Market cap at flag: $5.3M (2025-04-29) 路 Latest: $31.1M (2026-10-16)
| Window | SRGZ | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -33.6% | +7.1% | -40.7% | 2025-05-29 |
| 90 days | -84.3% | +16.0% | -100.3% | 2025-07-28 |
| 180 days | -11.5% | +25.1% | -36.6% | 2025-10-27 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-29 to 2025-05-29. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As shown in the accompanying condensed balance sheet as of January 31, 2025 , the Company has an accumulated deficit of $ 13,061,161 . On January 31, 2025 , the Company's working capital deficit was $ 332,058 . The lack of sufficient working capital to meet current obligations, continuing losses and ongoing cash used by operating activities raises substantial doubt about the Company's ability to continue as a going..."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-01-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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