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E2Gold Inc. (V:ETU)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 8 King Street East, Suite 1700
Toronto ON M5C 1B5
Tel: N/A
Website: https://www.e2gold.ca
IR: See website
Key People
Ellie Owens
President
Eric O. Owens
Chief Executive Officer, Director
Carmelo Marrelli
Chief Financial Officer
Business Overview
E2Gold Inc. is a Canadian gold exploration company. The Company is engaged in the business of acquisition, exploration and evaluation of mineral properties and developing these properties further or disposing of them when evaluation is complete. The Company's projects include the Hawkins Project and the Band-Ore Project. The 80 kilometers (km) long Hawkins Project covers portions of 10 townships in north central Ontario, about 125 km northeast of Hemlo and approximately 160 km west of Timmins. The property is comprised of approximately 3,310 claims covering 701 square kilometers (km2). The project hosts a shallow-level Inferred Resource - the McKinnon Zone - which is located in the center of the property in Hawkins Township. The Band-Ore Project is located approximately 75 km west of Thunder Bay, Ontario, in Hagey and Conacher Townships, the project consists of 109 staked mining claims, as well as 16 patented mining claims and one mining lease.
Financial Overview
For the three months ended 31 October 2020, E2Gold Inc revenues was not reported. Net loss totaled C$453K vs. income of C$0K. Net loss reflects Exploration/Dry Hole Exp(Incl Write Off) increase from C$0K to C$374K (expense), Professional fees increase from C$0K to C$31K (expense), Management fees increase from C$0K to C$25K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $4.86M as of Oct 31, 2020
Annual revenue (TTM): $0.00M as of Oct 31, 2020
EBITDA (TTM): -$0.81M as of Oct 31, 2020
Net annual income (TTM): -$0.81M as of Oct 31, 2020
Free cash flow (TTM): -$0.61M as of Oct 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 197,881,865 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization