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 two offers if you want an ad-free experience.

Canadian Insider Club
$299/ 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
10-day money back guarantee*
JOIN THE CLUB
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*
GO AD-FREE

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

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.

Gabriel Resources Ltd. (V:GBU)

Business Focus: Integrated Mining

Log in or join to add this stock to your watch list.
Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 25 Southampton Buildings
LONDON WC2A 1AL
Tel: N/A
Website: www.gabrielresources.com
IR: See website
Key People
Keith Robert Hulley
Chairman of the Board
Dragos Tanase
President, Chief Executive Officer
Max Vaughan
Chief Financial Officer
Nicolae Suciu
Deputy Managing Director - RMGC
Richard Brown
Chief Commercial Officer, Corporate Secretary
 
Business Overview
Gabriel Resources Ltd. (Gabriel) is a Canada-based resource company. The Company operates through the exploration, evaluation and development of precious metal mining projects located in Romania segment. The Company owns equity interest in Rosia Montana Gold Corporation S.A. (RMGC), held by Minvest Rosia Montana S.A. (Minvest RM), a Romanian state-owned mining company. Rosia Montana gold and silver project is an undeveloped gold deposit in Europe, and situated in an area known as the Golden Quadrilateral in the South Apuseni Mountains of Transylvania. It is located immediately northeast of the town of Abrud, approximately 45 kilometers (80 kilometers by road) northwest of the regional capital of Alba Iulia, and 60 kilometers (90 kilometers by road) north-northeast of the city of Deva. The Project is held under exploitation concession license number 47/1999, which covers an area of approximately 23.88 square kilometers.
Financial Overview
For the fiscal year ended 31 December 2018, Gabriel Resources Ltd revenues was not reported. Net loss increased 34% to C$50.6M. Higher net loss reflects ICSID Arbitration related increase of 80% to C$22M (expense), Impairment ofLLTE increase from C$0K to C$3.9M (expense), Payroll increase of 14% to C$10.7M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.10 to -C$0.13.
Employees: 35 as of Dec 31, 2017
Reporting Currency: Canadian Dollars
Enterprise value: $269.13M as of Mar 31, 2019
Annual revenue (TTM): $0.00M as of Mar 31, 2019
EBITDA (TTM): -$40.40M as of Mar 31, 2019
Net annual income (TTM): -$50.57M as of Mar 31, 2019
Free cash flow (TTM): -$38.05M as of Mar 31, 2019
Net Debt Last Fiscal Year: $53.02M as of Mar 31, 2019
Shares outstanding: 491,167,460 as of May 3, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization