Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 82 Richmond Street East, Suite 201 TORONTO ON M5C 1P1 |
Tel: | 1-289-6241377 |
Website: | https://lavrasgold.com |
IR: | See website |
Key People | ||
Michael Durose President, Chief Executive Officer, Director | Hemdat Sawh Chief Financial Officer, Company Secretary |
Business Overview |
Lavras Gold Corp. is a Canada-based junior exploration company. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that spans approximately 22,000 hectares in size and comprised of 29 mineral rights centered on historic gold workings. |
Financial Overview |
For the three months ended 31 March 2024, Lavras Gold Corp revenues was not reported. Net loss decreased 18% to C$499K. Lower net loss reflects Interest income increase from C$26K to C$120K (income), General and administrative decrease of 4% to C$537K (expense), Int exp on Financial Lease Liabilities decrease of 53% to C$6K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $78.45M as of Mar 31, 2024 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
EBITDA (TTM): | -$2.06M as of Mar 31, 2024 |
Net annual income (TTM): | -$1.93M as of Mar 31, 2024 |
Free cash flow (TTM): | -$6.86M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 51,353,016 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |