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Fremont Gold Ltd. (V:FRE)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: #1500 - 409 GRANVILLE STREET
VANCOUVER BC V6C 1T2
Tel: N/A
Website: https://fremontgold.net
IR: See website
Key People
Dennis J. Moore
Chairman of the Board, President, Chief Executive Officer
Paul T. Hansed
Chief Financial Officer, Secretary
 
Business Overview
Fremont Gold Ltd. is a Canada-based gold company. The principal business activity of the Company is the acquisition and exploration of mineral properties located in the United States. The Company's projects include Griffon gold project (Griffon), Cobb Creek gold project, and Hurricane project. Griffon consists of about 89 unpatented mining claims, which are located at the southern end of the Cortez Trend, approximately 75 kilometers (km) southwest of Ely. The Cobb Creek gold project is located in Elko County, Nevada. The Hurricane project is in the Cortez Trend in Lander County, approximately three km northwest of Barrick's Hilltop deposit, Nevada.
Financial Overview
For the nine months ended 31 December 2023, Fremont Gold Ltd revenues was not reported. Net loss increased from C$855K to C$2M. Higher net loss reflects Exploration and evaluation increase from C$29K to C$641K (expense), Write-off of mineral property increase of 84% to C$860K (expense), Professional fees increase from C$43K to C$157K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.04 to -C$0.07.
Reporting Currency: Canadian Dollars
Enterprise value: $2.99M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$1.39M as of Dec 31, 2023
Net annual income (TTM): -$2.18M as of Dec 31, 2023
Free cash flow (TTM): -$1.55M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 37,922,097 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization