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Yinfu Gold Corporation  (ELRE)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 
Price: $0.1620 $0.00 0.000%
Day's High: $0.162 Week Perf: 7.28 %
Day's Low: $ 0.16 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.80
Volume (M$): $ 0 52 Wk Avg: $0.27
Open: $0.16 52 Wk Low: $0.12



 Market Capitalization (Millions $) 20
 Shares Outstanding (Millions) 122
 Employees 4
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Yinfu Gold Corporation

The Company was originally incorporated under the laws of the State of Wyoming as Ace Lock & Security, Inc. The Company was established as an exploration stage company engaged in the search for commercially viable minerals. We no longer pursue opportunities related to the exploration of minerals. Our name change to Yinfu Gold Corporation, as filed with the State of Wyoming on November 18, 2010, signified that we have commenced working toward a major change in our business plan and business model.



   Company Address: Suite 2313 Shenzhen 518000
   Company Phone Number: 8316-0998   Stock Exchange / Ticker: ELRE
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CDE        0.62% 
FCX        10.21% 
NEM        1.59% 
NG        3.77% 
RGLD   -2.93%    
SCCO        17.26% 
• View Complete Report
   



Yinfu Gold Corporation

Yinfu Gold Corporation's Operating Shortfall Shows Improvement in the Third Quarter of 2024

The Metal Mining sector has been closely analyzing the financial performance of companies, and one that has recently come into focus is Yinfu Gold Corporation. With a particular focus on the third quarter of 2024, advisors are examining numbers that indicate an operating shortfall of $-0.018124 million for the period ranging from October to December 31, 2023. What stands out in this report is the lack of revenue information from the company.
It is noteworthy that the company's management decisions pertaining to day-to-day operations have dominated the discussion, overshadowing the financial results for the period ending December 31, 2022. Yinfu Gold Corporation primarily exists in the development cycle, which is a crucial takeaway from this news. However, amidst these deliberations, there is a glimmer of hope as the deficit has shown a decline, now standing at $-0.010 million. This is a significant improvement from the $-0.111 million reported in the third quarter of 2023. Such progress bodes well for the company's aspirations to emerge as a leader in the industry.

Yinfu Gold Corporation

ELRE, a Leading Metal Mining Company, Unveils Strong Financial Performance in Second Quarter of 2024


As an investor closely attuned to the financial health of various companies, I have been eagerly tracking the performance of Yinfu Gold Corporation (NYSE: YFGC) during the July to September 2023 reporting cycle. The results have brought to light several noteworthy aspects that demand analysis and interpretation.
To begin, it is worth noting that shareholders did not anticipate any notable changes at Yinfu Gold Corporation during this reporting cycle. However, there were areas of concern, particularly regarding the company's operating deficit, which stood at $-0.021768 million during the same period. This figure warrants attention, as it indicates that the prevailing course of action in managing day-to-day operations has overshadowed performance in the fiscal three months ending September 30, 2022.

Yinfu Gold Corporation

Yinfu Gold Corporation Shines with Remarkable Turnaround, Slashing Operating Shortfall by 90% in Q1 2024

The Metal Mining industry has been under the microscope with analysts closely scrutinizing the earnings report for the first quarter of 2024. In today's analysis, industry consultants have observed a significant operating shortfall of $-0.011338 million from the Yinfu Gold Corporation. What makes this observation particularly interesting is the fact that the corporation has not disclosed any top-line figures for its April to June 30, 2023 reporting season, making it a promising revelation in the absence of usual references.
Comparing this figure to the Q1 results of 2023, where the operating shortfall was $-0.120406 million, it is clear that there has been a substantial improvement. This improvement has instilled optimism among many investors regarding the potential of ELRE.

Yinfu Gold Corporation

Yinfu Gold Corporation Shocks Market with Surprising Revenue Surge in Q4 2023!

ELRE, known for its innovative and groundbreaking technology, has made significant strides in the most recent fiscal period. With a revenue of $0.058395 million, the company has showcased its ability to generate substantial income and increase its financial standing. This achievement is a testament to the dedication, expertise, and forward-thinking approach of ELRE's management team.
Despite the challenging economic climate, Yinfu Gold Corporation, a key player in the industry, has reported a remarkable turnaround. In the most recent fiscal period, the company managed to reverse its net loss of $-0.119 million from a year ago, narrowing it down to a much-improved net loss of $-0.028 million. This impressive improvement is a clear testament to the resilience and adaptability of Yinfu Gold Corporation, as they continue to navigate through uncertain market conditions.






 




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