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Amarillo Gold Corporation (V:AGC)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 82 Richmond Street East, Suite 201
Tel: N/A
IR: See website
Key People
Michael A. Mutchler
President, Chief Executive Officer, Director
Hemdat Sawh
Chief Financial Officer, Corporate Secretary
Business Overview
Amarillo Gold Corporation is a Canada-based development stage company. The Company is engaged in the acquisition, exploration, and development of mineral properties, primarily in Brazil. The Company has two properties in Brazil: Mara Rosa and Lavras do Sul. The Mara Rosa Property is in the municipality of Mara Rosa in the state of Goias, central Brazil. It is approximately 360 kilometers north of Goiania, the state capital. Its development stage Posse Gold Project is on its Mara Rosa Property. Mara Rosa Property consists of exploration tenements covering an area approximately 68,974 hectares, which includes mining concessions (the Posse Gold Project) that cover an area approximately 2,553 hectares. The Lavras do Sul project area covers approximately 220 square kilometers and is in the state of Rio Grande do Sul, approximately 320 kilometers by paved road southwest of the state capital Porto Alegre.
Financial Overview
For the nine months ended 30 September 2021,Amarillo Gold Corp revenues was not reported. Net lossincreased from C$1.4M to C$3.5M. Higher net loss reflectsSalaries and benefits increase from C$525K to C$1.1M(expense), Stock-based compensation increase from C$0K toC$492K (expense), Foreign exchange (gain) loss increasefrom C$246K (income) to C$29K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $34.06M as of Sep 30, 2021
Annual revenue (TTM): $0.00M as of Sep 30, 2021
EBITDA (TTM): -$6.00M as of Sep 30, 2021
Net annual income (TTM): -$5.92M as of Sep 30, 2021
Free cash flow (TTM): -$24.37M as of Sep 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 386,073,694 as of Sep 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization