Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 366 Bay Street, Suite 200 TORONTO ON M5H 4B2 |
Tel: | N/A |
Website: | https://pasofinogold.com |
IR: | See website |
Key People | ||
Krisztian Toth Chairman of the Board | Daniel Limpitlaw President, Chief Executive Officer, Director | Lincoln Greenidge Chief Financial Officer |
Business Overview |
Pasofino Gold Limited is a Canada-based mineral exploration company. The Company, through its subsidiary, ARX Resources Limited, is in the process of consolidating its interest in the Dugbe Gold Project so that it owns 100% of the Dugbe Gold Project. The Dugbe Gold Project is located in southern Liberia within the under-explored parts of the Birimian geological province, which is host to the majority of West African gold deposits. The Dugbe Gold Project area is located approximately 70 kilometers (km) by road from the Greenville deep-water port. The project comprises an area of approximately 2,559 square kilometers (km2) and includes over two gold deposits, Tuzon and Dugbe F. |
Financial Overview |
For the six months ended 31 October 2023, Pasofino Gold Limited revenues was not reported. Net loss decreased 18% to C$1.6M. Lower net loss reflects Share-based payments decrease from C$276K (expense) to C$0K, Foreign exchange loss decrease of 58% to C$29K (expense), Exploration expense decrease of 5% to C$724K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.05 to -C$0.03. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $47.88M as of Oct 31, 2023 |
Annual revenue (TTM): | $0.00M as of Oct 31, 2023 |
EBITDA (TTM): | -$5.33M as of Oct 31, 2023 |
Net annual income (TTM): | -$5.37M as of Oct 31, 2023 |
Free cash flow (TTM): | -$4.60M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 112,227,829 as of Feb 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |