Bullboard - Stock Discussion Forum EarthLabs Inc V.SPOT

Alternate Symbol(s): SPOFF

Metals & Mining Industrial Metals & Minerals

EarthLabs Inc. is a mining investment, technology, and media company. It provides strategic leverage to the metals and mining sector through investments, royalties and a full suite of data-driven media software-as-a-service tools and services, including CEO.CA, The Northern Miner, MINING.COM, Canadian Mining Journal and DigiGeoData. Its Financial Technology Division (FTD) business vertical... see more

Add To Watchlist

TSXV:SPOT - Post Discussion

EarthLabs Inc > Analysis

View:

Post by retiredcf on Jan 03, 2022 7:40am

Analysis

Q: SPOT has engaged in several acquisitions over the past year. The company seems to be diversified across it's holdings in onsite tech based mineral exploration and SAAS, potential royalties and and more recently investment services. How would you categorize SPOT? and evaluate results from such diverse number of holdings and acquisitions? Considering the recent plateau is now a good stage to grow my holdings?

Goldspot provides mining discovery and mineral exploration services. The company is on the smaller side at a $122 mln market-cap and has no analysts following. Free cash flows are roughly break even but the company does have a lot of cash at $52 mln as of the recent quarter. Insiders own over 35% of shares which is nice to see. It is still early days, so it is difficult to get a great read on how things will progress but the cash balance gives the company some time to get revenues moving in the right direction. We might give the company a bit more time to see how recent acquisitions pan out and a few quarters to see what the growth profile looks like.

Provided by 5iResearch on 20 Dec. GLTA

340