Gabriel Resources Ltd. (V:GBU)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 25 Southampton Buildings LONDON WC2A 1AL |
| Tel: | N/A |
| Website: | https://www.gabrielresources.com |
| IR: | See website |
| Key People | ||
| Dragos Tanase President, Chief Executive Officer, Director | Richard Brown Chief Financial Officer | Simon Lusty Group General Counsel, Corporate Secretary |
| Business Overview |
| Gabriel Resources Ltd. is a resource company. The Company's principal business consists of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project consist of gold deposits, which is situated in the South Apuseni Mountains of Transylvania, Romania. Romania. Rosia Montana Project exploitation concession license covers approximately 2,388 hectares (ha). The project consists of four principal deposits, namely Cetate, Carnic, Orlea and Jig. In addition, Gabriel also conducts exploration work defining mineral deposits at the Rodu-Frasin (epithermal gold and silver) and Tarnita (porphyry copper-gold) sites within the Bucium area located in the vicinity of Rosia Montana (the Bucium Projects). The Bucium Project's exploration concession license covers approximately 2,325 ha. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A. along with Minvest Rosia Montana S.A. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Gabriel Resources Ltd revenues was not reported. Net loss increased from C$7.7M to C$24.9M. Higher net loss reflects Gain on disposal of assets decrease from C$1.4M (income) to C$0K, ICSID Arbitration related increase of 91% to C$2.7M (expense), Community relations increase of 43% to C$1.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.02. |
| Employees: | 35 as of Dec 31, 2017 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $5.75M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$24.49M as of Dec 31, 2023 |
| Net annual income (TTM): | -$24.94M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$10.59M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 1,036,177,260 as of Mar 26, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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