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G.E.T.T. Gold Inc. (V:GETT)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 7055 Taschereau BLVD, Suite 500
BROSSARD QC J4Z 1A7
Tel: N/A
Website: https://gettgold.com
IR: See website
Key People
Jean-Yves Therien
Interim President, Chief Executive Officer
Vanessa Guimond
Chief Financial Officer
 
Business Overview
G.E.T.T Gold Inc. is a Canada-based company, which is engaged in the exploration and the development of gold resources in Quebec. The Company's project, Courville-Maruska, is situated in the Courville Township, approximately 30 kilometers north-east of Val-d'Or. The property comprises approximately 14 mining claims covering an area of over 6.02 square kilometers (km2). The property features gold and silver mining. The Company uses thermal fragmentation technology as mining method, which extracts narrow vein deposits. It is focused on the development and widespread implementation of patented thermal fragmentation mining method.
Financial Overview
For the three months ended 31 December 2023, GETT Gold Inc revenues was not reported. Net loss increased from C$488K to C$1.5M. Higher net loss reflects Fair Value Adjustments on Other Assets decrease of 94% to C$44K (income), Fair Value Adjustments on Other Asset increase of 47% to C$1.2M (expense), Travelling and promotion increase of 45% to C$29K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $3.93M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$1.33M as of Dec 31, 2023
Net annual income (TTM): -$12.73M as of Dec 31, 2023
Free cash flow (TTM): -$1.26M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1.59M as of Dec 31, 2023
Shares outstanding: 214,046,413 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization