Gold79 Mines Ltd. (V:AUU*CA)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 5601 Carrison Drive, PO Box 279 MANOTICK ON K4M 1A3 |
| Tel: | N/A |
| Website: | https://gold79mines.com |
| IR: | See website |
| Key People | ||
| Gary R. Thompson Executive Chairman of the Board | Derek Macpherson President, Chief Executive Officer, Director | John Mcneice Chief Financial Officer, Corporate Secretary | Robert Joseph Johansing Vice President - Exploration |
| Business Overview |
| Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The Company is focused on building ounces in the Southwest United States (U.S). It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. It holds 100% earn-in option to purchase agreements on three gold projects: the Jefferson Canyon Gold project and the Tip Top Gold project both located in Nevada, U.S, and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. The Tip Top Gold project is located at the north end of the White Mountains, five miles south of Montgomery Pass, which is on United States Highway 6 between Bishop, California, and Tonopah, Nevada. The Gold Chain project consists of around 379 Bureau of Land Management claims covering 3,058 hectares (ha) and 15 patented claims covering 107 ha. |
| Financial Overview |
| For the three months ended 31 March 2020, Gold79 Mines Ltd revenues was not reported. Net loss decreased 74% to $20K. Lower net loss reflects Promotion and annual meeting costs decrease from $22K (expense) to $0K, General and Administrative decrease of 65% to $10K (expense), Professional Fees decrease of 63% to $7K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.03 to -$0.01. |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $3.94M as of Mar 31, 2020 |
| Annual revenue (TTM): | $0.00M as of Mar 31, 2020 |
| EBITDA (TTM): | -$0.27M as of Mar 31, 2020 |
| Net annual income (TTM): | -$0.24M as of Mar 31, 2020 |
| Free cash flow (TTM): | -$0.30M as of Mar 31, 2020 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 19,129,858 as of Apr 24, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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