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 nine months ended 30 September 2023, Spanish Mountain Gold Ltd revenues was not reported. Net loss increased 88% to C$1.2M. Higher net loss reflects Salaries and wages increase from C$298K to C$634K (expense), Office and administrative increase from C$131K to C$382K (expense), Legal and accounting increase from C$93K to C$207K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $62.60M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$1.71M as of Sep 30, 2023
Net annual income (TTM): -$1.44M as of Sep 30, 2023
Free cash flow (TTM): -$5.56M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 372,936,980 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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