Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 401 Bay Street, Suite 2702, P.O.Box 86 TORONTO ON M5H 2Y4 |
Tel: | N/A |
Website: | https://canadiangoldcorp.com |
IR: | See website |
Key People | ||
Peter Shippen Executive Chairman of the Board | Ian J. Ball Interim President, Chief Executive Officer | Julio Digirolamo Chief Financial Officer | Jennifer L. Boyle Executive Vice President, Director |
Business Overview |
Canadian Gold Corp., formerly Satori Resources Inc., is a Canada-based mineral exploration and development company. The Company is engaged in expanding high-grade gold resource at the past producing Tartan Lake Gold Mine Project. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares (ha) in area and consists of about 20 mineral claims. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and Hammond Reef Project (ON). |
Financial Overview |
For the nine months ended 30 September 2023, Canadian Gold Corp revenues was not reported. Net loss increased 29% to C$411K. Higher net loss reflects Flow-through premium decrease from C$321K (income) to C$0K, Filing and transfer agent fees increase of 83% to C$54K (expense), Directors fees increase of 18% to C$71K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $32.19M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$0.55M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.56M as of Sep 30, 2023 |
Free cash flow (TTM): | -$1.86M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 174,211,879 as of Dec 13, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |