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Freegold Ventures Limited (T:FVL)

Business Focus: Diversified Mining

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