Diligence memo · auto-generated · as of July 2, 2026
Sitka Gold Corp.
Sitka Gold Corp. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Sitka Gold Corp. operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sitka Gold Corp. has raised $2.1M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.8M on 2024-09-06.
Most recent recorded round closed around 2024-09-06.
Valuation (modeled)modeled
Provath models Sitka Gold Corp. at approximately $4.8M (range $1.6M–$12M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.34× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era. Within the normal band (134% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 22 mo ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 16.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 50% of Mining & Resources peers (701 compared).
Modeled value ranks above 65% of those peers.
Closest niche peers: Medusa Mining Ltd, HighGold Mining Inc., Modern Mining Technology Corp., Only Gold Development Ltd Liability Co, Rex Gold Partners, LLC.
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.