Star Alliance International(OTC) STAL

Star Alliance International Corp. is engaged in the acquisition and development of mining properties, focusing primarily on gold and other precious minerals. The company holds a significant interest in the Troy mining property in California, which includes 78 gold mining claims across approximately 4,800 acres.

Products and Services

• Acquisition and development of gold mining properties
• Exploration of precious minerals
• Management of mining operations

Growth Outlook

• Interest in the Troy mining property positions the company for potential revenue growth
• Focus on expanding mining operations in California's gold-rich regions
• Strategic plans to enhance operational efficiency and reduce costs

Financial Highlights

• Recent quarterly net income of -$518,369 reflects ongoing operational challenges
• Trailing twelve months (TTM) cash and cash equivalents at $90,182
• Current liabilities significantly exceed total assets, indicating financial strain

Star Alliance International Corp. operates in the basic materials sector, specifically within the gold mining industry. Established in 2014, the company has undergone significant changes, including a name change from Asteriko Corp. in 2017. The Troy mining property is a key asset, providing a foundation for future growth. However, recent financial data indicates challenges, including negative net income and a high level of liabilities compared to assets. The company is actively working to improve its financial position and operational efficiency, which may present opportunities for future investors.