Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Canadian Gold Corp. (V:CGC)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 401 Bay Street, Suite 2702,
P.O.Box 86
TORONTO ON M5H 2Y4
Tel: N/A
Website: https://canadiangoldcorp.com
IR: See website
Key People
Peter Shippen
Executive Chairman of the Board
Ian J. Ball
Interim President, Chief Executive Officer
Julio Digirolamo
Chief Financial Officer
Jennifer L. Boyle
Executive Vice President, Director
   
Business Overview
Canadian Gold Corp., formerly Satori Resources Inc., is a Canada-based mineral exploration and development company. The Company is engaged in expanding high-grade gold resource at the past producing Tartan Lake Gold Mine Project. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares (ha) in area and consists of about 20 mineral claims. In addition, the Company owns exploration properties in Ontario and Quebec surrounding some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON), and Hammond Reef Project (ON).
Financial Overview
For the nine months ended 30 September 2023, Canadian Gold Corp revenues was not reported. Net loss increased 29% to C$411K. Higher net loss reflects Flow-through premium decrease from C$321K (income) to C$0K, Filing and transfer agent fees increase of 83% to C$54K (expense), Directors fees increase of 18% to C$71K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $30.69M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$0.55M as of Sep 30, 2023
Net annual income (TTM): -$0.56M as of Sep 30, 2023
Free cash flow (TTM): -$1.86M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 175,036,879 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization