Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | Suite 970, 1055 West Hastings Street VANCOUVER BC V6E 3E9 |
Tel: | N/A |
Website: | https://www.koremining.com |
IR: | See website |
Key People | ||
James Warwick Hynes Chairman of the Board, President, Chief Executive Officer | Anil Jiwani Chief Financial Officer, Company Secretary |
Business Overview |
KORE Mining Ltd. is a Canada-based exploration and development stage company. The Company is focused on its portfolio of gold assets: Imperial and Long Valley in California, United States. The Imperial gold project is being advanced towards mine development while exploring district-scale growth opportunities at both the Imperial and Long Valley gold projects. It owns 100% of the Mesquite-Imperial-Picacho District which consists of approximately 31,000 acres of claims capturing the entire 28-kilometer trend from the operating Mesquite mine to the closed Picacho mine and including its Imperial project. The Mesquite-Imperial-Picacho District centers on its Imperial project. Long Valley is its 100% owned epithermal gold and silver project located in Mono County, California. The 15,965-acre land package around the project is district in scale and covers all deep-rooted fault structures of similar genesis to the Hilton Creek fault, the primary conduit for the current Long Valley deposit. |
Financial Overview |
For the nine months ended 30 September 2023, Kore Mining Ltd revenues was not reported. Net loss decreased 62% to C$1.4M. Lower net loss reflects Management Remuneration decrease of 88% to C$104K (expense), Exploration and evaluation expenses decrease of 60% to C$462K (expense), Marketing and professional fees decrease of 47% to C$380K (expense). |
Employees: | 6 as of Dec 31, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8.37M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$1.74M as of Sep 30, 2023 |
Net annual income (TTM): | -$1.89M as of Sep 30, 2023 |
Free cash flow (TTM): | -$1.39M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $0.29M as of Sep 30, 2023 |
Shares outstanding: | 201,826,357 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |