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Goldrich Mining GRMC · USD

Materials · US listing · 🇺🇸 United States

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Close of 30 Oct 2026, in USD

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About Goldrich Mining

Its shares trade under the ticker GRMC. It has been listed since 10 October 1994. In the fiscal year to 31 December 2017, it reported revenue of $218,770 and a net loss of $965,000. At that date it held total assets of $1.5m and shareholders' equity of −$1.4m.

Goldrich Mining Co. is a gold exploration and development company, which engages in acquisition and exploration of mineral properties. The company is headquartered in Spokane, Washington. The firm is engaged in the business of acquiring and advancing mineral properties to the discovery points. The firm's mineral exploration prospects are contained within its Chandalar property, located approximately 190 air miles north of Fairbanks, Alaska and over 40 air miles east of the Dalton Highway. The Chandalar property contains both the Company's Chandalar hard-rock (lode) gold project and the Little Squaw Creek alluvial gold mine. The firm has completed approximately 15,000 feet of drilling on the upper half of the Little Squaw Creek placer project and outlined over 10.5 million cubic yards of mineralized material, at an average head grade of over 0.025 ounces of gold per cubic yard for an estimated total of approximately 250,000 contained ounces. The firm's Chandalar property is approximately 22,860 acres, consisting of patented federal mining claims and unpatented State of Alaska mining claims.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
10 Oct 1994
Employees
2

Leadership

Pay as last reported

  • Mr. Stephen VincentActing Interim Chief Executive Officer, since 2013$1,600
  • Mr. Theodore SharpChief Financial Officer, Treasurer, Corporate Secretary$12,863
  • Mr. David AtkinsonDirector$1,000
  • Mr. Nicholas GallagherDirector$1,000
  • Mr. William OrchowIndependent Director$1,600

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Goldrich Mining Co has a proven history of successful mining operations, showcasing their ability to extract minerals efficiently.
  • The company possesses a solid financial foundation, allowing them to invest in modern mining equipment and technology, ensuring operational efficiency and growth.

Weaknesses

  • Goldrich Mining Co heavily relies on the availability and quality of natural resources in the areas they operate. Fluctuations in resource availability and market demand may impact their profitability.
  • The company's operations are predominantly focused in specific geographic regions, which exposes them to the risks associated with regional economic downturns and regulatory changes.

Opportunities

  • The growing global demand for minerals presents an opportunity for Goldrich Mining Co to expand their operations and exploit untapped resources.
  • Advancements in mining technologies can enhance the efficiency, safety, and cost-effectiveness of Goldrich Mining Co's operations, providing a competitive edge in the industry.

Threats

  • Fluctuating commodity prices can significantly impact Goldrich Mining Co's profitability, making it difficult to forecast revenue and financial stability.
  • Increasing regulations regarding environmental impact and sustainable mining practices may require Goldrich Mining Co to incur additional costs for compliance and potentially limit their operations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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