Company Description
Forge Resources Corp. is a mineral exploration and resource-development company focused on the Alotta Project in Yukon and an 80% interest in Aion Mining Corp., which is developing the La Estrella coal project in Santander, Colombia. The company's common shares are quoted under FRGGF on the OTCQB, with additional trading references on the CSE under FRG and the Frankfurt Stock Exchange under 5YZ.
The Alotta Project is the company's principal exploration focus. Company updates describe gold mineralization and porphyry-style mineralization across multiple zones, including the Payoff, Alimony, Commission, and Severance zones. Exploration work has included diamond drilling, gold assays, multi-element analysis, geochemical interpretation, and Re-Os dating of molybdenite. Reported geological work has identified Late Cretaceous porphyry-style mineralization at Alotta, placing the project within the broader Dawson Range Gold Belt geological context.
Forge's project reporting centers on drill results, zone extensions, geochemical findings, and the interpretation of mineralized systems at Alotta. The company has described gold intercepts from drilling at the Payoff and Alimony zones and porphyry-style mineralization at the Commission and Severance zones. These disclosures frame Forge as an exploration-stage issuer whose operating activity is tied to mineral project advancement rather than commercial mineral production.
Through its 80% interest in Aion Mining, Forge also has exposure to the La Estrella coal project in Santander, Colombia. Company materials describe La Estrella as a fully permitted coal project containing known seams of metallurgical and thermal coal. This interest gives Forge a secondary resource-development position outside its Yukon precious-metals and porphyry exploration work.
Forge funds exploration and corporate activity through equity financing, including private placements of common-share units, flow-through units, warrants, and compensation securities. Its news record includes financing terms under Canadian securities rules, project-level technical updates, and periodic operating summaries tied to exploration programs.
Stock Performance
Forge Resources (FRGGF) stock last traded at $0.3420, up 3.29% from the previous close. Over the past 12 months, the stock has lost 39.2%. At a market capitalization of $34.0M, FRGGF is classified as a micro-cap stock with approximately 109.1M shares outstanding.
Latest News
Forge Resources has 10 recent news articles, with the latest published yesterday. Of the recent coverage, 2 articles coincided with positive price movement and 7 with negative movement. Key topics include private placement. View all FRGGF news →
SEC Filings
Financial Highlights
Upcoming Events
FT renunciation deadline
Options expiry
Consultant options expire
FT expenditures deadline
Warrants expiry
Warrant expiry
Forge Resources has 6 upcoming scheduled events. The next event, "FT renunciation deadline", is scheduled for December 31, 2026 (in 230 days). 3 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the FRGGF stock price.
Short Interest History
Short interest in Forge Resources (FRGGF) currently stands at 7.9 thousand shares, down 48.7% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 17.6%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Forge Resources (FRGGF) currently stands at 3.0 days, up 65.7% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 94.8% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 7.9 days.
FRGGF Company Profile & Sector Positioning
Forge Resources (FRGGF) operates in the Gold industry within the broader Basic Materials sector and is listed on the OTC Link.
Investors comparing FRGGF often look at related companies in the same sector, including Freeman Gold (FMANF), Big Ridge Gold Corp. (ALVLF), Bonterra Res (BONXF), Gfg Resources (GFGSF), and VIOR GOLD (VIORF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate FRGGF's relative position within its industry.