Spanish Mountain Gold Ltd. (TSXV:SPA)

Spanish Mountain Gold Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	29.86	3.84	6.87	3.39	2.82	6.69
Short-Term Investments	-	-	0.03	-	0.25	0.25
Cash & Short-Term Investments	29.86	3.84	6.9	3.39	3.07	6.94
Cash Growth	4220.02%	-44.41%	103.39%	10.69%	-55.81%	-39.91%
Accounts Receivable	-	-	-	-	-	0.01
Other Receivables	3.64	0.35	0.14	0.06	0.05	0.2
Receivables	3.64	0.35	0.14	0.06	0.05	0.21
Prepaid Expenses	0.25	0.21	0.15	0.05	0.03	0.09
Other Current Assets	-	-	0.01	0.08	0.01	0.02
Total Current Assets	33.74	4.4	7.2	3.58	3.16	7.26
Property, Plant & Equipment	113.93	108.81	99.28	93.57	90.9	86.17
Other Long-Term Assets	0.63	0.23	0.1	0.1	0.1	0.09
Total Assets	148.3	113.43	106.59	97.25	94.15	93.52

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2.9	0.4	0.66	0.38	0.95	1.13
Accrued Expenses	0.13	0.09	0.15	0.03	0.2	-
Current Portion of Long-Term Debt	-	-	-	-	0.04	-
Current Portion of Leases	0.07	0.07	0.07	0.06	0.05	0.04
Other Current Liabilities	-	-	-	-	-	0.24
Total Current Liabilities	3.1	0.56	0.88	0.46	1.24	1.41
Long-Term Debt	-	-	-	-	-	0.04
Long-Term Leases	0.06	0.09	0.17	0.23	0.29	-
Long-Term Unearned Revenue	-	0.16	0.56	-	-	-
Long-Term Deferred Tax Liabilities	-	0.54	-	-	0.2	0.37
Other Long-Term Liabilities	30.59	-	-	-	-	-
Total Liabilities	33.75	1.36	1.6	0.7	1.73	1.83

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	135.08	129.61	121.68	112.62	106.28	105.09
Retained Earnings	-24.03	-21.43	-18.98	-16.66	-15.16	-14.44
Comprehensive Income & Other	3.49	3.89	2.28	0.59	1.3	1.05
Shareholders' Equity	114.55	112.07	104.99	96.56	92.42	91.7
Total Liabilities & Equity	148.3	113.43	106.59	97.25	94.15	93.52

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.13	0.17	0.23	0.29	0.38	0.08
Net Cash (Debt)	29.73	3.67	6.67	3.1	2.69	6.86
Net Cash Growth	5940.07%	-44.97%	115.01%	15.39%	-60.79%	-39.70%
Net Cash Per Share	0.06	0.01	0.02	0.01	0.01	0.02
Filing Date Shares Outstanding	528.8	504.72	444.74	372.94	341.82	334.57
Total Common Shares Outstanding	525.72	504.72	444.74	372.94	341.82	333.97
Working Capital	30.64	3.83	6.33	3.12	1.92	5.85
Book Value Per Share	0.22	0.22	0.24	0.26	0.27	0.27
Tangible Book Value	114.55	112.07	104.99	96.56	92.42	91.7
Tangible Book Value Per Share	0.22	0.22	0.24	0.26	0.27	0.27
Land	0.13	0.13	0.13	0.13	0.13	0.13
Buildings	1.15	1.15	1.11	1.11	1.11	1.11
Machinery	0.66	0.6	0.55	0.54	0.53	0.49

Data Source: S&P Global Market Intelligence Last updated: Sep 1, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 20, 2026

Data Sources Report a data error