Spanish Mountain Gold Ltd. (V:SPA*CA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
Company Contact
Address: Suite 910 - 1111 Melville Street
Tel: N/A
IR: See website
Key People
Larry Yau
Chief Executive Officer, Corporate Secretary, Director
Sharon Ng
Chief Financial Officer
Business Overview
Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely, in the Cariboo region of central British Columbia, approximately 70 kilometers north-east of the city of Williams Lake. The Company does not generate any revenue. The Company's wholly owned subsidiary is Wildrose Resources Ltd. (Wildrose).
Financial Overview
For the three months ended 31 March 2024, Spanish Mountain Gold Ltd revenues was not reported. Net loss increased 25% to C$508K. Higher net loss reflects Selling/General/Admin. Expense increase from C$30K to C$104K (expense), Consulting increase from C$24K to C$65K (expense), Legal and accounting increase of 11% to C$161K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $62.26M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$2.31M as of Mar 31, 2024
Net annual income (TTM): -$2.24M as of Mar 31, 2024
Free cash flow (TTM): -$5.54M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 372,936,980 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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