AEX Gold Inc. (V:AEX)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 123 Front St W Suite 905 TORONTO ON M5J 2M2 |
| Tel: | N/A |
| Website: | https://www.aexgold.com |
| IR: | See website |
| Key People | ||
| Graham Duncan Stewart Chairman of the Board | Eldur Olafsson President, Chief Executive Officer, Director | Jaco Crouse Chief Financial Officer |
| Martin Menard Chief Operating Officer, Executive Vice President | Joan Plant Company Secretary | |
| Business Overview |
| AEX Gold Inc, formerly Alopex Gold Inc, is a Canada-based exploration company, which is engaged in the identification, acquisition, exploration and development of gold properties. Though its wholly owned Greenlandic subsidiary, Nalunaq A/S, the Company has interests in an exploitation license at the advanced exploration stage Nalunaq property including the previously operating Nalunaq Gold Mine and an exploration license at the early exploration stage Tartoq property. The Company's main focus is its Nalunaq property, which hosts a high-grade National Instrument (NI) 43-101 compliant gold resource estimate of approximately 200,000 ounces (oz) at approximately 18 grams per ton (g/t) and a number of near-mine and regional exploration targets. |
| Financial Overview |
| For the nine months ended 30 September 2020, AEXGold Inc revenues was not reported. Net loss increased fromC$3.6M to C$8M. Higher net loss reflects Exploration andevaluation expenses - Ba increase of 95% to C$4.3M(expense), General and administrative - Balancing vincrease from C$684K to C$1.8M (expense), Foreign exchangeloss increase from C$33K to C$696K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $87.03M as of Sep 30, 2020 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2020 |
| EBITDA (TTM): | -$8.71M as of Sep 30, 2020 |
| Net annual income (TTM): | -$9.48M as of Sep 30, 2020 |
| Free cash flow (TTM): | -$7.37M as of Sep 30, 2020 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 177,098,737 as of Sep 30, 2020 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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