Research analysts covering ATHENA GOLD.
Recent press releases and 8-K filings for AHNRF.
Athena Gold Reports Q3 2025 Net Income, Details Corporate Redomiciliation and Project Transaction
AHNRF
Earnings
M&A
New Projects/Investments
- Athena Gold Corporation reported a net income of $1,381,764 and $0.01 income per common share for Q3 2025, primarily driven by a $1,799,203 unrealized gain on investments. For the nine months ended September 30, 2025, net income was $1,350,597.
- As of September 30, 2025, the company had $260,000 in cash and $4,656,000 in working capital, with a significant portion of working capital consisting of investments in publicly traded companies. The company expects current liquidity to cover operations for at least the next 12 months, but additional equity financing will be required thereafter.
- The company completed its redomiciliation from Delaware to British Columbia, Canada, on April 15, 2025, through a merger and amalgamation, becoming a foreign private issuer.
- On May 28, 2025, Athena granted Mammoth Minerals Limited an option for an 80% interest in the Excelsior Springs project, receiving $128,115 in cash and 32,000,000 ordinary shares of Mammoth valued at $2,059,520.
Nov 21, 2025, 2:30 PM
Athena Gold Reports Q2 2025 Financials and Strategic Updates
AHNRF
Earnings
New Projects/Investments
M&A
- Athena Gold Corporation reported a net loss of $(31,167) for the six months ended June 30, 2025, a significant improvement from the $(518,359) net loss in the prior year period, with no revenue generated.
- The company's cash and cash equivalents increased to $552,451 as of June 30, 2025, driven by $671,903 in net cash provided by financing activities.
- As of June 30, 2025, the company had approximately $1,000,000 in working capital, but its ability to continue operations is subject to obtaining additional financing, raising substantial doubt about its going concern.
- Subsequent to the reporting period, effective August 19, 2025, Mammoth Minerals Limited exercised its option to earn an 80% interest in Athena's Excelsior Springs project, providing Athena with $178,253 in cash and 32,000,000 ordinary shares in Mammoth, valued at CAD$2,852,048.
- The company completed its redomestication to British Columbia, Canada, on March 27, 2025, becoming a foreign private issuer and will now report financial statements under IFRS Accounting Standards.
Aug 29, 2025, 7:45 PM
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