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Goldrich Mining Company  (GRMC)
Other Ticker:  
 
    Sector • Basic Materials    Industry • Metal Mining
   Industry • Metal Mining
   Sector • Basic Materials
 
Price: $0.0002 $0.00 -50.000%
Day's High: $0.0002 Week Perf: -98 %
Day's Low: $ 0.00 30 Day Perf: -98.18 %
Volume (M): 170 52 Wk High: $ 0.03
Volume (M$): $ 0 52 Wk Avg: $0.02
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 196
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Goldrich Mining Company
Goldrich Mining Company is a mining exploration and development company headquartered in the United States. With its operations primarily focused in Alaska, the company is involved in the exploration and extraction of gold and other precious metals. Goldrich has a diverse portfolio of mining projects, including the Chandalar gold project and the Unga Gold Project. The company aims to capitalize on the potential of its mining assets, maximize shareholder value, and contribute to economic growth through responsible mining practices.


   Company Address: 2525 E. 29th Spokane 99223 WA
   Company Phone Number: 535-7367   Stock Exchange / Ticker: GRMC


   

Stock Performances by Major Competitors

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Goldrich Mining Company

Metal Mining Company Faces Significant Decline in Operating Performance During Third Quarter of 20232. Goldrich Mining Company's Troubling Operating Shortfalls Stoke Investor Concerns



Investors in Goldrich Mining Company (GRMC) have been met with disappointment as the company's financials for the fiscal period of July to September 2023 showcase an operating shortfall. Despite expectations of steady growth, shareholders are left questioning the company's ability to generate revenue and sustain profitability. With mounting concerns about the company's performance, it is essential to delve deeper into its financials and analyze the potential risks it poses to investors.
Operating Shortfalls Raise Red Flags:
GRMC recorded an operating shortfall of -$0.152407 million during the fiscal period of July to September 2023. This disappointing figure indicates the company's inability to generate sufficient revenue to cover its expenses, raising concerns about its overall financial stability. Furthermore, this operating shortfall is alarmingly similar to the operating shortfall of -$0.148515 million reported during the third quarter of 2022, hinting at a recurring pattern of underperformance.
Goldrich Mining Company

GRMC's Costs Soar at Alarming Rate from April to June 2023



Goldrich Mining Company, a prominent player in the Metal Mining industry, has witnessed a significant drop in share prices during the past five trading days, leading to a staggering year-to-date performance decline of 98%. Furthermore, the company's shares are currently trading approximately 97.1% below its 52-week average. In light of these developments, it becomes essential to analyze the recently published financial results and explore how they may impact Goldrich Mining Company going forward.
1. Operating Shortfall:
Goldrich Mining Company reported an operating shortfall of $-0.188895 million for the second quarter of 2023. While the respective revenue figures are yet to be disclosed, it is crucial to understand the context by comparing it with the second quarter of the previous year. In 2022, the company announced an operating shortfall of $-0.173882 million, suggesting a slight increase in the operating deficit.
Goldrich Mining Company

Goldrich Mining Company Shows Improved Performance with Operating Shortfall of $-0.161695 Million in Q1 2023



As the Metal Mining sector experts delve into the financial results of the first quarter of 2023, they have discovered a noteworthy operating shortfall of $-0.161695 million from Goldrich Mining Company (GRMC). Although no revenues were reported, the experts view this as encouraging news, especially when compared to the operating shortfall of $-0.202357 million in Q1 2022. These positive developments have sparked optimism among investors, indicating that GRMC could be heading in the right direction.
Enhanced Quarter Performance:
Despite GRMC's lack of revenue disclosure, the Q1 2023 financial reporting period reflects significant progress. The operating shortfall has decreased from $-0.202357 million in the previous year to $-0.161695 million in the current quarter. This improvement demonstrates GRMC's commitment to reducing costs and enhancing operational efficiency.









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