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Symbol Data
Symbol
Currency
CVE:SPA
CAD
OTCMKTS:SPAUF
USD
Description
Spanish Mountain Gold Ltd are a gold focused junior, late stage developer with one mine in development in Canada and three exploration properties. They have approximately 5.7Moz. of gold in the reserves and resources category of which 4.7Moz. are in the measured and indicated category. They have a market capitalisation of ~C$62.8M which is a fall of roughly 9% over the last three months. As of 07/05/2025 they have no debt and ~C$3.56M cash. They have 477M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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General Details
Financial
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$69.18M
$62.80M
08/07/2025
$-6.38M
MCap (OS):
$58.91M
$50.94M
08/07/2025
$-7.96M
Total Assets:
$55.19M
$53.40M
07/05/2025
$-1.79M
Total Liabilities:
$0.22M
$0.21M
07/05/2025
$-0.01M
Current Assets:
$3.68M
$3.56M
07/05/2025
$-0.12M
Current Liabilities:
$0.22M
$0.21M
07/05/2025
$-0.01M
Total Debt:
$0.00M
$0.00M
07/05/2025
$0.00M
Cash:
$3.68M
$3.56M
07/05/2025
$-0.12M
Debt (Net):
$-3.68M
$-3.56M
$0.12M
Enterprise Value:
$65.50M
$59.24M
11/17/1971
$-6.27M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
07/05/2025
n/a
Misc
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
444,742,340
477,000,000
08/07/2025
32,257,660
Shares (FD):
522,340,548
588,000,000
08/07/2025
65,659,452
Insider Ownership:
n/a
35%
08/07/2025
35%
Dividend (Annual):
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Group:
Developer
Developer
never
n/a
Production ETA:
n/a
01/01/2029
07/05/2025
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
07/05/2025
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
07/05/2025
0
Development Phase:
none
PEA Released
08/07/2025
n/a
Optionality Play:
none
No
F U T U R E
% of Spot:
10Developer: Likely Path to Production
10Developer: Likely Path to Production
04/24/2023
0
Cash Flow Multiple:
2
2
07/05/2025
0.00
Resource Data
GOLD
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
2.30M
2.30M
07/05/2025
0.00M
Measured & Indicated:
4.70M
4.70M
07/05/2025
0.00M
Inferred:
1.00M
1.00M
07/05/2025
0.00M
Reserves & Resources:
5.70M
5.70M
never
0.00M
P L A U S I B L E
Proven & Probable:
1.96M
1.96M
07/05/2025
0.00M
Measured & Indicated:
3.59M
3.59M
07/05/2025
0.00M
Inferred:
0.43M
0.43M
07/05/2025
0.00M
Reserves & Resources:
4.01M
4.01M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
07/05/2025
$0.00
Extra Operating Cost:
n/a
n/a
07/05/2025
$0.00
Total:
$1,750
$1,750
07/05/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AuEq):
n/a
n/a
n/a
EV / Production (AuEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
07/05/2025
n/a
Open Pit (Avg):
n/a
0.50 g/t
07/04/2024
0.50 g/t
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
08/07/2025
0.00%
F U T U R E
Proven & Probable:
4.50M
4.50M
07/05/2025
0.00M
Annual Production:
200,000oz.
200,000oz.
07/05/2025
0oz.
Cash Cost:
$1,000
$1,000
07/05/2025
$0
Extra Operating Cost:
$750
$750
07/05/2025
$0
SILVER
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
07/05/2025
0.00M
Measured & Indicated:
n/a
n/a
07/05/2025
0.00M
Inferred:
n/a
n/a
07/05/2025
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
07/05/2025
0.00M
Measured & Indicated:
n/a
n/a
07/05/2025
0.00M
Inferred:
n/a
n/a
07/05/2025
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
07/05/2025
$0.00
Extra Operating Cost:
n/a
n/a
07/05/2025
$0.00
Total:
n/a
n/a
07/05/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AgEq):
n/a
n/a
n/a
EV / Production (AgEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
07/05/2025
n/a
Open Pit (Avg):
n/a
n/a
07/04/2023
n/a
Recovery Rate:
n/a
n/a
07/05/2025
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
07/05/2025
0.00M
Annual Production:
n/a
n/a
07/05/2025
n/a
Cash Cost:
n/a
n/a
07/05/2025
n/a
Extra Operating Cost:
n/a
n/a
07/05/2025
n/a
Property
Last Analysis Data (07/05/2025)
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Spanish Mountain
British Columbia
100
Open Pit
show
This is their 7 million oz flagship project. It has a very large capex of $400 million and they might have a problem with financing.
Exp
Manson Creek
100
n/a
n/a
Exp
Prince George
100
n/a
n/a
Exp
Thunder Ridge
100 Mile House
100
n/a
n/a
Current Data
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Spanish Mountain
British Columbia
100
Open Pit
1500.00
30.00
900.00
show
This is their 7 million oz flagship project. It has a very large capex of $400 million and they might have a problem with financing.
Exp
Manson Creek
100
n/a
n/a
Exp
Prince George
100
n/a
n/a
Exp
Thunder Ridge
100 Mile House
100
n/a
n/a
Profitability (by resource)
Proven & Probable
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
2.30M
2.30M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-22.03M
P L A U S I B L E
Gold Eq. Oz.:
1.96M
1.96M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-18.73M
Maximum Profit (Gold):
$3,092.79M
$4,625.14M
n/a
$1,532.35M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$3,092.79M
$4,625.14M
n/a
$1,532.35M
Max Profit / Current MCap:
44.704
73.650
n/a
28.946
Max Profit Per Share (Gold):
$5.92
$7.87
n/a
$1.94
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$5.92
$7.87
n/a
$1.94
Total Free Profit Per Share:
$5.74
$7.72
n/a
$1.97
FD MCap / Gold Eq.:
$35.39
$32.12
n/a
$-3.27
FD MCap / Silver Eq.:
$0.39
$0.40
n/a
$0.01
FD MCap / Per Metal as % Spot Price:
1.06%
0.78%
n/a
-0.28%
EV / Gold Eq.:
$33.51
$30.30
n/a
$-3.21
EV / Silver Eq.:
$0.37
$0.37
n/a
$0.00
EV / Per Metal as % Spot Price:
1.01%
0.74%
n/a
-0.27%
Measured & Indicated
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
4.70M
4.70M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-45.02M
P L A U S I B L E
Gold Eq. Oz.:
3.59M
3.59M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-34.36M
Maximum Profit (Gold):
$5,674.60M
$8,486.12M
n/a
$2,811.53M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$5,674.60M
$8,486.12M
n/a
$2,811.53M
Max Profit / Current MCap:
82.023
135.133
n/a
53.110
Max Profit Per Share (Gold):
$10.86
$14.43
n/a
$3.57
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$10.86
$14.43
n/a
$3.57
Total Free Profit Per Share:
$10.68
$14.28
n/a
$3.60
FD MCap / Gold Eq.:
$19.29
$17.51
n/a
$-1.78
FD MCap / Silver Eq.:
$0.21
$0.22
n/a
$0.00
FD MCap / Per Metal as % Spot Price:
0.58%
0.43%
n/a
-0.15%
EV / Gold Eq.:
$18.26
$16.51
n/a
$-1.75
EV / Silver Eq.:
$0.20
$0.20
n/a
$0.00
EV / Per Metal as % Spot Price:
0.55%
0.40%
n/a
-0.15%
Reserves & Resources
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
5.70M
5.70M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-54.60M
P L A U S I B L E
Gold Eq. Oz.:
4.01M
4.01M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-38.43M
Maximum Profit (Gold):
$6,346.94M
$9,491.59M
n/a
$3,144.65M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$6,346.94M
$9,491.59M
n/a
$3,144.65M
Max Profit / Current MCap:
91.741
151.144
n/a
59.403
Max Profit Per Share (Gold):
$12.15
$16.14
n/a
$3.99
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$12.15
$16.14
n/a
$3.99
Total Free Profit Per Share:
$11.97
$15.99
n/a
$4.02
FD MCap / Gold Eq.:
$17.24
$15.65
n/a
$-1.59
FD MCap / Silver Eq.:
$0.19
$0.19
n/a
$0.00
FD MCap / Per Metal as % Spot Price:
0.52%
0.38%
n/a
-0.14%
EV / Gold Eq.:
$16.33
$14.77
n/a
$-1.56
EV / Silver Eq.:
$0.18
$0.18
n/a
$0.00
EV / Per Metal as % Spot Price:
0.49%
0.36%
n/a
-0.13%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
07/05/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7358
CAD 0.7120
10/14/2025
Spot Gold:
$3,331.99
$4,115.80
10/14/2025
$783.81
Spot Silver:
$36.81
$50.85
10/14/2025
$14.04
Gold:Silver Ratio:
90.52
80.94
10/14/2025
-9.58
Spot Gold (Future):
$5,000.00
$5,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
50.00
50.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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