Canadian Gold Resources (TSXV:CAN) Effective Interest Rate on Debt %: 47.52% (As of Dec. 2025)

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What is Canadian Gold Resources Effective Interest Rate on Debt %?

Canadian Gold Resources TSXV:CAN -9.09% Effective Interest Rate on Debt % is 47.52% as of Dec. 2025. The stock has 2 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Canadian Gold Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2025 was C$0.02 Mil. Canadian Gold Resources's average total debt for the quarter that ended in Dec. 2025 was C$0.05 Mil. Therefore, Canadian Gold Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 was 47.52%.


Canadian Gold Resources  (TSXV:CAN) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Canadian Gold Resources Effective Interest Rate on Debt % Related Terms


Canadian Gold Resources Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Canadian Gold Resources's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian Gold Resources Effective Interest Rate on Debt % Chart

Canadian Gold Resources Annual Data
Trend Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
0.00 0.00 18.00

Canadian Gold Resources Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 15.69 47.52

TSXV:CAN vs NEM, AU: Effective Interest Rate on Debt % Comparison

For the Gold subindustry, Canadian Gold Resources's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Gold Resources Effective Interest Rate on Debt % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canadian Gold Resources's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Canadian Gold Resources's Effective Interest Rate on Debt % falls into.



Canadian Gold Resources Effective Interest Rate on Debt % Calculation

Canadian Gold Resources's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -0.009/( (0+0.05)/ 1 )
=-1  *  -0.009/0.05
=18.00 %

where

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.044 + 0.006
=0.05

Canadian Gold Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Dec. 2025 ))/ count )
=-1  *  -0.024/( (0.051+0.05)/ 2 )
=-1  *  -0.024/0.0505
=47.52 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.045 + 0.006
=0.051

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.044 + 0.006
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 47.52% mean?
Canadian Gold Resources (TSXV:CAN) has a Effective Interest Rate on Debt % of 47.52% as of Dec. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Canadian Gold Resources and its competitors.
Is Canadian Gold Resources' Effective Interest Rate on Debt % too high?
Canadian Gold Resources' current Effective Interest Rate on Debt % is 47.52%.
How does Canadian Gold Resources' Effective Interest Rate on Debt % compare to NEM and AU?
Canadian Gold Resources' Effective Interest Rate on Debt % of 47.52% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Metals & Mining company?
A good Effective Interest Rate on Debt % depends on the Metals & Mining industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Canadian Gold Resources and its competitors. Canadian Gold Resources's current Effective Interest Rate on Debt % is 47.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Gold Resources stock overvalued right now?
Canadian Gold Resources (TSXV:CAN) has a current Effective Interest Rate on Debt % of 47.52%. The current Effective Interest Rate on Debt % is 47.52%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Canadian Gold Resources (TSXV:CAN), the current Effective Interest Rate on Debt % is 47.52% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canadian Gold Resources Business Description

Other Exchanges VQ6:Germany
Address 239 Du Trecarre, Varennes, QC, CAN, J3X 1Y8
Canadian Gold Resources Ltd is a Canadian exploration company focused on developing high-grade gold projects in the Gaspe Gold Belt of Quebec. The company targets under-explored, past-producing properties with growth potential, leveraging modern exploration techniques to unlock value. Its projects include Lac Arsenault is its Flagship Project, with a Bulk Sample Projected to Yield 4,000 oz of Gold; Robidoux with high-grade Gold potential with Confirmed Bulk Samples; and VG Boulder with high-grade surface samples and visible gold occurrences.