Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 888 - 700 West Georgia Street P.O. Box 10351 VANCOUVER BC V7Y 1G5 |
Tel: | N/A |
Website: | https://www.freegoldventures.com |
IR: | See website |
Key People | ||
J. Kristina Walcott President, Chief Executive Officer, Director | Gordon Steblin Chief Financial Officer | Alvin William Jackson Vice President - Exploration and Development, Director | Taryn Downing Company Secretary |
Business Overview |
Freegold Ventures Limited is an exploration stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties. The Company is focused on exploration activities in Alaska on its Golden Summit and Shorty Creek Projects. The Golden Summit Project is a road accessible gold exploration project near Fairbanks, Alaska. The Project consists of several long-term leases, including Keystone Claims, Tolovana Claims, Newsboy Claims, Green Claims, Chatham Claims and Alaska Mental Health Trust Property and claims and lands owned by the Company. The property is comprised of 53 patented claims, 107 unpatented federal claims, and 240 State of Alaska claims that cover a total area of 5,971.6 hectares. The Shorty Creek Project is located 120 kilometers northwest of Fairbanks, Alaska and four kilometers to the south of the all-weather paved Elliott Highway within the Livengood-Tolovana Mining District. |
Financial Overview |
For the fiscal year ended 31 December 2023, Freegold Ventures Ltd revenues was not reported. Net loss increased from $803K to $3.1M. Higher net loss reflects Share-based payments increase from $0K to $2.2M (expense), Promotion and shareholder relations increase of 82% to $265K (expense), Professional fees increase of 58% to $182K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -$0.01. |
Employees: | 3 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $213.91M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$4.45M as of Dec 31, 2023 |
Net annual income (TTM): | -$4.26M as of Dec 31, 2023 |
Free cash flow (TTM): | -$17.60M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 446,659,021 as of Apr 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |