K2 Gold Corp (KTGDF)
K2 Gold Corporation operates as a junior enterprise specializing in mineral exploration, actively seeking, acquiring, and assessing gold projects across both Canada and the United States. Its premier asset is the Mojave Gold project, a significant site encompassing approximately 5,780 hectares situated within California. The company also possesses a stake in the Wels property, which comprises 350 contiguous quartz claims spanning 7,200 hectares in Canada's southwestern Yukon territory. Furthermore, K2 Gold maintains an option agreement to fully acquire the Cerro Gordo Gold Project, which includes 59 lode claims and 5 patented claims totaling around 360 hectares. Additionally, it holds rights to the Si2 Gold Project, made up of 65 Bureau of Land Management lode claims extending over 543 hectares. Established in 2011 and headquartered in Vancouver, Canada, the corporation was formerly known as West Melville Metals Inc. before adopting the K2 Gold Corporation name in November of 2016.
Industry: Gold
K2 Gold Corporation
OTC:KTGDFBasic Materials · Gold
-0.73%$0.5310
Mkt Cap$128.11M
Float147.61M
O/S241.25M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$3.45M
Total Assets$13.13M
Free Cash Flow-$2.66M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$12.86M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KTGDF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$13.13M
Liabilities$269K
Accounts Receivable$13K
Accounts Payable$0
Inventory$0
PP&E (Net)$5.19M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $10K | $4 | $0 | $0 | $4 | $0 | $0 | $25K | $78K | $0 | $64K | $0 | $0 |
| Gross Profit | $0 | $0 | -$10K | -$4 | $0 | $0 | -$4 | $0 | $0 | -$25K | -$78K | -$49K | -$64K | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.37M | $628K | $937K | $744K | $1.11M | $1.07M | $651K | $383K | $770K | $237K | $66K | $192K | $691K | $3.16M | $382K |
| Other | $2.12M | $1.28M | $223K | $152K | $93K | $0 | $0 | $11K | $35K | $0 | $3K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.49M | $628K | $810K | $896K | $1.2M | $1.07M | $755K | $448K | $820K | $240K | $70K | $200K | $636K | $3.17M | $384K |
| Operating Income (EBIT) | -$3.49M | -$628K | -$947K | -$855K | -$1.15M | -$1.03M | -$701K | -$420K | -$796K | -$206K | -$70K | -$200K | -$687K | -$3.16M | -$384K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $168 | $4K | $2K | $200 | $444 | $459 | $753 |
| Interest Income | $85K | $8K | $51 | $15K | $26K | $17K | $19K | $6K | $0 | $0 | $41 | $664 | $1K | $8K | $0 |
| Other Income (Expense) | $40K | $57K | $177K | -$27K | -$119K | -$225K | -$35K | -$274K | $37K | -$65K | -$2.04M | -$2.14M | -$11K | $104K | -$753 |
| Income Before Tax (EBT) | -$3.45M | -$571K | -$769K | -$882K | -$1.29M | -$1.28M | -$736K | -$717K | -$758K | -$271K | -$2.11M | -$2.34M | -$698K | -$3.06M | -$385K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$3.45M | -$571K | -$769K | -$882K | -$1.29M | -$1.28M | -$736K | -$717K | -$758K | -$271K | -$2.11M | -$2.34M | -$698K | -$3.06M | -$385K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||||||
| EPS | -0.03 | -0.01 | -0.01 | -0.02 | -0.03 | -0.04 | -0.03 | -0.05 | -0.07 | -0.08 | -2.25 | -2.68 | -0.93 | -6.23 | -0.99 |
| Diluted EPS | -0.03 | -0.01 | -0.01 | -0.02 | -0.03 | -0.04 | -0.03 | -0.05 | -0.07 | -0.08 | -2.25 | -2.68 | -0.93 | -6.23 | -0.99 |
| Weighted Average OS | 157.79M | 112.49M | 89.87M | 64.85M | 64.59M | 47.18M | 31.97M | 21.47M | 16.34M | 4.93M | 1.31M | 1.22M | 1.05M | 688,728 | 545,776 |
| EBITDA | -$3.49M | $1.13M | $177K | -$730K | -$1.15M | -$1.03M | -$419K | -$419K | $11K | -$242K | -$66K | -$2.38M | -$689K | -$3.15M | -$381K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | |||||||||||||||
| Current Assets | |||||||||||||||
| Cash and Cash Equivalents | $7.74M | $95K | $139K | $223K | $2.03M | $5.28M | $2.05M | $244K | $288K | $1.09M | $2K | $42K | $132K | $64K | $812K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $38K | $52K | $16K | $9K | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $7.74M | $95K | $139K | $223K | $2.03M | $5.28M | $2.1M | $281K | $340K | $1.11M | $11K | $42K | $132K | $64K | $812K |
| Accounts Receivable | $13K | $14K | $32K | $4K | $13K | $16K | $13K | $5K | $35K | $13K | $235 | $0 | $11K | $133K | $29K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $7.9M | $145K | $209K | $266K | $2.08M | $5.41M | $2.13M | $318K | $402K | $1.14M | $12K | $54K | $145K | $238K | $842K |
| Long-Term Assets | |||||||||||||||
| Property, Plant & Equipment Net | $5.19M | $12.94M | $11.7M | $8.97M | $7.94M | $5.54M | $2.94M | $1.93M | $1.61M | $283K | $0 | $1.93M | $3.94M | $3.87M | $666K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $50K | $51K | $47K | $48K | $45K | $45K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $5.24M | $12.99M | $11.74M | $9.02M | $7.99M | $5.59M | $2.94M | $1.93M | $1.61M | $283K | $0 | $1.93M | $3.94M | $3.87M | $666K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $13.13M | $13.14M | $11.95M | $9.29M | $10.07M | $10.99M | $5.07M | $2.25M | $2.01M | $1.43M | $12K | $1.99M | $4.08M | $4.1M | $1.51M |
| Liabilities | |||||||||||||||
| Current Liabilities | |||||||||||||||
| Accounts Payable | $0 | $79K | $106 | $124 | $232K | $225K | $190K | $38K | $39K | $38K | $99K | $17K | $11K | $0 | $0 |
| Short-Term Debt | $0 | $0 | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $269K | $79K | $184K | $126K | $9K | $1K | $3K | $0 | $0 | $96K | $6K | $2K | $9K | $54K | $210K |
| Total Current Liabilities | $269K | $79K | $212K | $126K | $241K | $226K | $193K | $38K | $39K | $134K | $149K | $19K | $20K | $54K | $210K |
| Long-Term Liabilities | |||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $29K | $29K | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $29K | $29K | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $269K | $79K | $212K | $154K | $270K | $255K | $193K | $38K | $39K | $134K | $149K | $19K | $20K | $54K | $210K |
| Stockholders' Equity | |||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $36.22M | $23.34M | $21.75M | $19.08M | $19.08M | $18.88M | $12.88M | $10.15M | $9.35M | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$29.29M | -$15.85M | -$15.28M | -$14.51M | -$13.63M | -$12.33M | -$11.1M | -$10.36M | -$9.64M | -$8.86M | -$8.59M | -$6.48M | -$4.14M | -$3.44M | -$385K |
| Comprehensive Income & Other | $5.93M | $5.59M | $5.27M | $4.57M | $4.35M | $4.12M | $3.09M | $2.42M | $2.27M | $1.83M | $1.44M | $1.44M | $0 | $0 | $64K |
| Other Stockholders' Equity | $5.93M | $5.57M | $5.27M | $4.57M | $4.35M | $4.19M | $3.09M | $2.42M | $2.27M | $10.15M | $8.45M | $8.45M | $8.21M | $7.49M | $1.68M |
| Total Equity | $12.86M | $13.06M | $11.74M | $9.13M | $9.8M | $10.74M | $4.87M | $2.21M | $1.97M | $1.29M | -$137K | $1.97M | $4.06M | $4.05M | $1.3M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $13.13M | $13.14M | $11.95M | $9.29M | $10.07M | $10.99M | $5.07M | $2.25M | $2.01M | $1.43M | $12K | $1.99M | $4.08M | $4.1M | $1.51M |
| Supplementary Data | |||||||||||||||
| Total Debt | $0 | $0 | $29K | $29K | $29K | $29K | $0 | $0 | $0 | $0 | $44K | $0 | $0 | $0 | $0 |
| Net Debt | -$7.74M | -$95K | -$111K | -$195K | -$2M | -$5.25M | -$2.05M | -$244K | -$288K | -$1.09M | $43K | -$42K | -$132K | -$64K | -$812K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | |||||||||||||||
| Net Income | -$3.45M | -$571K | -$769K | -$882K | -$1.29M | -$1.28M | -$736K | -$717K | -$785K | -$271K | -$2.11M | -$2.34M | -$698K | -$3.06M | -$385K |
| Depreciation & Amortization | $0 | $1.75M | $947K | $125K | $125K | $225K | $282K | $282K | $795K | $25K | $4K | $8K | $9K | $10K | $3K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$125 | -$225 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $713K | $6K | $216K | $216K | $233K | $251K | $333K | $0 | $288K | $5K | $0 | $16K | $356K | $625K | $0 |
| Changes in Working Capital: | |||||||||||||||
| Accounts Receivable | $701 | $18K | -$27K | $9K | $2K | -$3K | -$8K | $30K | -$22K | -$13K | $2K | $750 | $122K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $80K | -$26K | $27K | -$18K | $39K | -$81K | $16K | -$5K | -$79K | -$18K | $13K | $138 | $4K | -$274K | $141K |
| Total Working Capital Change | $80K | -$8K | -$27 | -$9K | $41K | -$83K | $8K | $26K | -$101K | -$31K | $15K | $888 | $126K | -$274K | $141K |
| Other Non-Cash Items | $2K | -$1.81M | -$1.15M | -$128K | $318 | $225 | -$282K | -$7K | -$831K | -$20K | $2.04M | $2.13M | $0 | -$105K | $17K |
| Net Cash from Operating | -$2.66M | -$630K | -$756K | -$678K | -$895K | -$888K | -$394K | -$417K | -$633K | -$292K | -$48K | -$187K | -$207K | -$2.8M | -$225K |
| Investing Activities | |||||||||||||||
| Capital Expenditures | $0 | $0 | -$2.72M | -$1.16M | $0 | -$3K | $0 | $0 | -$992K | -$151K | -$35K | -$116K | -$80K | -$2.13M | -$646K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$45K | $0 | $0 | -$18K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$1.18M | -$1.25M | $5K | $30K | -$2.35M | -$2.66M | -$561K | -$366K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$1.18M | -$1.25M | -$2.71M | -$1.13M | -$2.35M | -$2.66M | -$561K | -$366K | -$1.01M | -$151K | -$35K | -$116K | -$80K | -$2.13M | -$646K |
| Financing Activities | |||||||||||||||
| Debt Repaid | - | - | - | - | - | -$29K | - | - | - | $49K | - | - | - | - | - |
| Common Stock Issuance | $11.57M | $1.97M | $3.56M | $0 | $0 | $4.99M | $2.49M | $746K | $855K | $1.6M | $0 | $214K | $0 | $4.18M | $1.68M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$93K | -$113K | -$179K | $0 | $0 | $1.75M | $271K | -$25K | -$19K | -$13K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $11.48M | $1.83M | $3.38M | $0 | $0 | $6.77M | $2.77M | $721K | $837K | $1.53M | $43K | $214K | $356K | $4.18M | $1.68M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $7.64M | -$44K | -$84K | -$1.81M | -$3.25M | $3.22M | $1.81M | -$44K | -$806K | $1.09M | -$41K | -$90K | $68K | -$749K | $812K |
| Supplementary Data | |||||||||||||||
| Operating Cash Flow | -$2.66M | -$630K | -$756K | -$678K | -$895K | -$888K | -$394K | -$417K | -$633K | -$292K | -$48K | -$187K | -$207K | -$2.8M | -$225K |
| Capital Expenditure | $0 | $0 | -$3K | -$1.16M | -$2.35M | -$2.61M | $0 | $0 | -$992K | -$151K | -$35K | -$116K | -$80K | -$2.13M | -$646K |
| Free Cash Flow | -$2.66M | -$630K | -$756K | -$1.84M | -$3.25M | -$888K | -$394K | -$417K | -$1.62M | -$443K | -$84K | -$304K | -$287K | -$4.93M | -$870K |
| Cash at Beginning | $95K | $139K | $223K | $2.03M | $5.28M | $2.05M | $244K | $305K | $1.09M | $2K | $42K | $132K | $64K | $812K | $0 |
| Cash at End | $7.74M | $95K | $139K | $223K | $2.03M | $5.28M | $2.05M | $244K | $288K | $1.09M | $2K | $42K | $132K | $64K | $812K |