Awale Resources Limited, a company listed on the TSX Venture Exchange, operates within the materials sector, focusing on gold mining and exploration services. The company is actively engaged in the development of its properties located in West Africa. As of the latest financial data, Awale Resources has a market capitalization of CAD 92,980,000. The company’s stock is traded in Canadian dollars (CAD), with a close price of CAD 0.94 as of February 22, 2026.
In recent developments, Awale Resources has reported significant findings at its BBM project. According to an update released by OTCMarkets on February 23, 2026, the company confirmed a gold equivalent grade of 2.0 grams per tonne (g/t) over a 72-metre interval. This discovery is part of Awale’s ongoing evaluation of further underground opportunities, which could potentially enhance the company’s resource base and future production capabilities.
Financially, Awale Resources exhibits a price-to-earnings (P/E) ratio of -30.69, indicating that the company is currently not generating profits. The price-to-book (P/B) ratio stands at 3.42, reflecting the market’s valuation of the company relative to its book value. Over the past year, the company’s share price has experienced fluctuations, reaching a 52-week high of CAD 1.00 on February 19, 2026, and a low of CAD 0.415 on March 3, 2025.
As of the latest update, Awale Inc. (OTC: AWLE) has not issued any recent corporate announcements. The company’s most recent closing price was CAD 0.89, indicating a slight decrease from the close price on February 22, 2026. These financial metrics and recent developments highlight the company’s ongoing efforts in exploration and resource development, which are critical to its strategic objectives in the gold mining sector.
