0.00
—
Close of 30 Oct 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Eastern Goldfields
Its shares trade under the ticker EGDD. It has been listed since 11 January 2006. In the fiscal year to 31 December 2008, it reported revenue of $7.3m and a net loss of $3.0m. At that date it held total assets of $25.8m and shareholders' equity of $5.3m.
Eastern Goldfields, Inc. engages in the development, exploration, acquiring and mining of gold properties. The company is headquartered in San Diego, California. The company went IPO on 2006-01-11. EGSA conducts all of the Company’s business operations in South Africa through its South African corporation subsidiaries. On October 1, 2005, the Company’s wholly owned subsidiary, EGSA, acquired Eastern Goldfields Limited (EGL), a South African gold producer and developer corporation. On May 30, 2008, EGSA acquired Barberton Mines Limited, a South African gold producer and developer corporation. EGL conducts mining operations in the Barberton Greenstone Belt area of the Mpumalanga Province, South Africa. EGL is a South African holding company, which has three South African subsidiary corporations; Makonjwaan Imperial Mining Company (Pty) Ltd., Eastern Goldfields Exploration (Pty) Ltd. and Centurion Mining Company (Pty) Ltd.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 11 Jan 2006
- Employees
- 218
Leadership
Pay as last reported
- Michael McChesneyPresident, Chief Executive Officer, Director, since 2005$223,000
- Tamer MuftizadeChief Financial Officer, Director, since 2005$231,000
- Dr. William StearChief Technical Officer, Director, since 2005$360,000
- Mr. Derrick ShortSecretary$171,000
- Maurice EmeryDirector
- George KanaanDirector
- Christopher RobbinsDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Eastern Goldfields Inc operates in a highly attractive industry, with a strong demand for gold and other precious metals.
- The company possesses a high-quality and diverse portfolio of mineral exploration assets, providing potential for significant resource discoveries.
- Eastern Goldfields Inc has a skilled and experienced management team with a proven track record in successfully advancing exploration projects.
Weaknesses
- The company heavily relies on external funding sources, making it vulnerable to changes in the availability and cost of capital.
- Eastern Goldfields Inc has limited financial resources, which may constrain its ability to fully develop and exploit its mineral assets.
- The company's exploration activities are subject to regulatory and environmental risks, which can lead to delays and increased costs.
Opportunities
- The increasing global demand for gold presents opportunities for Eastern Goldfields Inc to benefit from potential future price increases.
- Exploration in underexplored regions or acquiring additional mineral assets could expand the company's resource base and increase its potential for significant discoveries.
- Eastern Goldfields Inc can leverage advancements in technology and data analytics to enhance its exploration and mining operations, improving efficiency and reducing costs.
Threats
- Fluctuations in commodity prices, particularly gold, can significantly impact the profitability and viability of Eastern Goldfields Inc's operations.
- The mining industry is exposed to geopolitical and macroeconomic risks, including changes in government regulations, political instability, and economic downturns.
- Competitive pressures from other mining companies and alternative investments may limit the company's market share and access to funding.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.