Sitka Gold Corp. (SITKF)
Established in Vancouver, Canada, in 2015, Sitka Gold Corp. is an enterprise focused on the exploration of mineral resources across both Canada and the United States. The company seeks out deposits containing valuable metals such as gold, silver, zinc, lead, and copper. Sitka's portfolio encompasses several key properties. In Canada, its interests include the Coppermine River project, a substantial 50,000-hectare site located in Nunavut. Within Yukon, the company holds the OGI property, which consists of 100 quartz mining claims near Dawson City, and the RC Gold property, an expansive area of approximately 37,600 hectares covered by 1,891 claims. Furthermore, Sitka Gold maintains full ownership of the Mahtin property, comprising 1,447 quartz mining claims, as well as the Clear Creek Gold property and the Barney Ridge property, both situated east of Dawson City, Yukon. In the United States, Sitka operates the Alpha Gold property in Eureka County, Nevada, spanning roughly 4,780 acres across 293 claims. Additionally, the company has an agreement to acquire a 100% stake in the Burro Creek property in Mohave County, Arizona. This Arizona site covers around 750 hectares and includes 4 patented mineral claims alongside 35 adjacent lode mineral claims.
Industry: Gold
Sitka Gold Corp.
OTC:SITKFBasic Materials · Gold
-1.51%$0.5993
Mkt Cap$262.79M
Float332.09M
O/S438.5M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$4.23M
Total Assets$72.17M
Free Cash Flow-$15.18M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$60.56M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SITKF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$72.17M
Liabilities$11.6M
Accounts Receivable$365K
Accounts Payable$237K
Inventory$0
PP&E (Net)$39.25M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.03M | $2.06M | $541K | $376K | $726K | $798K | $410K | $109K | $140K | $68K | $64K |
| Other | $1.26M | $847K | $503K | $846K | $219K | $0 | $0 | $0 | $793 | $0 | $0 |
| Total Operating Expenses | $3.29M | $2.06M | $541K | $805K | $774K | $798K | $410K | $242K | $130K | $82K | $50K |
| Operating Income (EBIT) | -$3.29M | -$2.06M | -$540K | -$476K | -$774K | -$418K | -$258K | -$170K | -$174K | -$88K | -$64K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $379K | $168K | $90 | $32K | $30K | $2K | $937 | $2K | $0 | $0 | $0 |
| Other Income (Expense) | $2.09M | $436K | $125K | $555K | $217K | -$384K | -$709K | -$73K | $793 | $7K | $14K |
| Income Before Tax (EBT) | -$1.2M | -$1.63M | -$416K | $79K | -$875K | -$801K | -$967K | -$243K | -$130K | -$82K | -$50K |
| Income Tax Expense | $3.03M | $810K | $676K | $1.34M | $38K | $0 | $0 | $0 | -$173K | $0 | $0 |
| Net Income | -$4.23M | -$2.44M | -$1K | -$1.26M | -$914K | -$801K | -$967K | -$243K | -$189K | -$82K | -$50K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -0.02 | -0.01 | -0.00 | -0.01 | -0.01 | -0.02 | -0.06 | -0.02 | -0.02 | -0.01 | -0.01 |
| Diluted EPS | -0.02 | -0.01 | -0.00 | -0.01 | -0.01 | -0.02 | -0.06 | -0.02 | -0.02 | -0.01 | -0.01 |
| Weighted Average OS | 373.23M | 280.72M | 200.64M | 145.26M | 102.02M | 46.35M | 22.48M | 16.36M | 10.20M | 8.37M | 7.03M |
| EBITDA | -$3.29M | -$137 | $237 | -$276 | -$267 | $177K | -$258K | $16 | $61 | -$82K | $0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $31.77M | $10.84M | $5.67M | $3.22M | $3.76M | $517K | $219K | $246K | $14K | $29K | $118K |
| Short-Term Investments | $0 | $0 | $80K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $31.77M | $10.84M | $5.75M | $3.22M | $3.76M | $517K | $219K | $246K | $14K | $29K | $118K |
| Accounts Receivable | $365K | $184K | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$10K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $3K |
| Total Current Assets | $32.72M | $11.25M | $5.82M | $3.36M | $3.9M | $580K | $409K | $273K | $35K | $31K | $121K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $39.25M | $24.3M | $16.04M | $11.44M | $5.62M | $2.88M | $691K | $779K | $255K | $185K | $113K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $197K | $0 | $0 | $43K | $42K | $24K | $44K | $18K | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $161 | $183K | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $39.45M | $24.48M | $16.08M | $11.49M | $5.67M | $2.91M | $735K | $796K | $255K | $185K | $113K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $72.17M | $35.73M | $21.9M | $14.85M | $9.56M | $3.49M | $1.14M | $1.07M | $290K | $216K | $234K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $237K | $127K | $248K | $98K | $58K | $9K | $16K | $19K | $64K | $5K | $9K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $29K | $0 | $0 | $0 | $25K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $403K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $6.03M | $908K | $1.14M | $735K | $362K | $315K | $2K | $48K | $0 | $22K | $12K |
| Total Current Liabilities | $6.45M | $1.81M | $1.39M | $833K | $852K | $332K | $196K | $91K | $110K | $34K | $20K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $5.15M | $2.64M | $1.89M | $1.28M | $38K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $5.15M | $2.64M | $1.89M | $1.28M | $38K | $0 | $0 | -$21 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21 | $0 | $0 | $0 |
| Total Liabilities | $11.6M | $4.46M | $3.28M | $2.11M | $890K | $332K | $196K | $91K | $110K | $34K | $20K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $68.55M | $36.04M | $22.45M | $15.73M | $10.66M | $4.97M | $2.26M | $1.41M | $442K | $314K | $282K |
| Retained Earnings | -$12.26M | -$8.03M | -$5.59M | -$4.5M | -$3.25M | -$2.33M | -$1.53M | -$564K | -$262K | -$132K | -$50K |
| Comprehensive Income & Other | $4.27M | $3.27M | $1.76M | $1.51M | $1.26M | $515K | $223K | $136K | $59K | $0 | -$18K |
| Other Stockholders' Equity | $4.27M | $3.27M | $1.76M | $1.51M | $1.26M | $515K | $223K | $136K | $0 | $0 | -$18K |
| Total Equity | $60.56M | $31.28M | $18.62M | $12.73M | $8.67M | $3.15M | $948K | $979K | $180K | $182K | $214K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $72.17M | $35.73M | $21.9M | $14.85M | $9.56M | $3.49M | $1.14M | $1.07M | $290K | $216K | $234K |
| Supplementary Data | |||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $29K | $0 | $0 | $0 | $25K | $0 | $0 |
| Net Debt | -$31.77M | -$10.84M | -$5.67M | -$3.22M | -$3.73M | -$517K | -$219K | -$246K | $11K | -$29K | -$118K |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||
| Net Income | -$4.23M | -$2.44M | -$1.09M | -$1.26M | -$914K | -$801K | -$967K | -$243K | -$130K | -$82K | -$50 |
| Depreciation & Amortization | $0 | $2.06M | $541K | $476K | $774K | $595K | $595K | $170K | $174K | $0 | $64K |
| Deferred Income Tax | $3.03M | $810K | $676K | $1.24M | $38K | $0 | -$595 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $1.27M | $1.48M | $102K | $189K | $549K | $272K | $66K | $28K | $59K | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$180K | -$160K | $13K | $10K | -$10K | -$12K | -$11K | -$3K | -$472 | $2K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $12K | $11K | $0 | $0 | $0 | $0 |
| Accounts Payable | $811K | -$338K | -$78K | -$107K | -$320K | -$225K | -$108K | -$39K | $51K | $21K | $0 |
| Other Working Capital | -$949K | $51K | -$33K | $155K | $12K | $344K | -$89K | -$37K | $6K | $2K | -$3 |
| Total Working Capital Change | -$317K | -$447K | -$33K | $58K | -$317K | $119K | -$197K | -$39K | $57K | $22K | -$3 |
| Other Non-Cash Items | -$1.72M | -$3M | -$974K | -$1.32M | -$1.04M | -$595K | -$39K | -$170K | -$234K | -$7K | -$64K |
| Net Cash from Operating | -$1.96M | -$1.53M | -$780K | -$615K | -$906K | -$410K | -$543K | -$255K | -$73K | -$66K | -$55 |
| Investing Activities | |||||||||||
| Capital Expenditures | -$13.22M | -$4.94M | -$3.61M | -$5.56M | -$2.26M | -$1.62M | -$227K | -$473K | -$52K | -$61K | -$106 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$2K | -$18K | $0 | -$27K | -$18K | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $20K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$14K | -$139K | -$1K | -$2K | -$18K | $20K | -$27K | -$18K | $0 | $0 | $0 |
| Net Cash from Investing | -$13.23M | -$5.08M | -$3.61M | -$5.56M | -$2.28M | -$1.6M | -$254K | -$491K | -$52K | -$61K | -$106 |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | $29K | -$43K | - | - | - | - | - | - |
| Common Stock Issuance | $36.12M | $11.78M | $6.84M | $5.67M | $6.38M | $2.31M | $769K | $1M | $110K | $39K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $6.84M | -$29K | -$14K | $0 | $0 | $0 | $0 | $0 | $278 |
| Net Cash from Financing | $36.12M | $11.78M | $6.84M | $5.64M | $6.41M | $2.31M | $769K | $978K | $110K | $39K | $278 |
| Forex Effect | $0 | $0 | $0 | $0 | $14K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $20.93M | $5.17M | $2.44M | -$533K | $3.24M | $298K | -$27K | $232K | -$15K | -$88K | $118 |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$1.96M | -$1.53M | -$780K | -$615K | -$906K | -$410K | -$543K | -$255K | -$73K | -$66K | -$55 |
| Capital Expenditure | -$13.22M | -$4.94M | -$3.61M | -$5.56M | -$2.26M | -$1.62M | -$227K | -$473K | -$52K | -$61K | -$106 |
| Free Cash Flow | -$15.18M | -$6.47M | -$4.39M | -$6.17M | -$3.17M | -$2.03M | -$770K | -$728K | -$126K | -$128K | -$160 |
| Cash at Beginning | $10.84M | $5.67M | $3.22M | $3.76M | $517K | $219K | $246K | $14K | $29K | $118K | $0 |
| Cash at End | $31.77M | $10.84M | $5.67M | $3.22M | $3.76M | $517K | $219K | $246K | $14K | $29K | $118 |