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Baru Gold Corp. (V:BARU)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 1021 West Hastings St, 9th floor
VANCOUVER BC V6E 03C
Tel: N/A
Website: https://barugold.com
IR: See website
Key People
N/A    
Business Overview
Baru Gold Corp. is a Canada-based mineral resource exploration company. The Company is focused on developing and producing precious metals projects in Indonesia. The Company's focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company's Sangihe Gold project mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and the southern tip of Mindanao (Philippines). The Sangihe Project covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place. The Company has a 70% interest in the Sangihe project.
Financial Overview
For the three months ended 30 November 2023, Baru Gold Corp revenues was not reported. Net loss decreased 38% to C$564K. Lower net loss reflects Professional fees decrease of 88% to C$26K (expense), Consulting fees decrease of 76% to C$31K (expense), Office and administration decrease of 35% to C$109K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $6.82M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$2.18M as of Nov 30, 2023
Net annual income (TTM): -$2.95M as of Nov 30, 2023
Free cash flow (TTM): -$0.51M as of Nov 30, 2023
Net Debt Last Fiscal Year: $2.04M as of Nov 30, 2023
Shares outstanding: 246,809,851 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization