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Glen Eagle Resources Inc. (V:GER)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: Complexe du Canal Lachine
4710 Saint-Ambroise St Local 308
Tel: N/A
IR: See website
Key People
Jean Labrecque
President, Chief Executive Officer, Director
Daniel Belisle
Chief Financial Officer
Business Overview
Glen Eagle Resources Inc. is a Canada-based junior mining company. The Company is engaged in the acquisition, exploration and the evaluation of mining properties. Its projects include gold project in Honduras and Moose Lake Phosphate Project. The Moose Lake Phosphate property is located approximately 150 kilometers south of Lisette Lake. The gold project in Honduras includes Cobra Oro's gold processing plant, which is located in Choluteca. It also owns the Piedra Dorada mining concession located in the mining district of El Corpus in Honduras.
Financial Overview
For the six months ended 30 June 2021, Glen EagleResources Inc revenues decreased 76% to C$164K. Net lossincreased 39% to C$701K. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Higher net loss reflectsGeneral and administrative - Balancing v increase of 32% toC$282K (expense), General exploration increase from C$0K toC$13K (expense), Interest Income remaining flat at C$0K.
Employees: 5 as of Dec 31, 2002
Reporting Currency: Canadian Dollars
Enterprise value: $14.67M as of Jun 30, 2021
Annual revenue (TTM): $0.25M as of Jun 30, 2021
EBITDA (TTM): -$1.48M as of Jun 30, 2021
Net annual income (TTM): -$1.85M as of Jun 30, 2021
Free cash flow (TTM): -$1.47M as of Jun 30, 2021
Net Debt Last Fiscal Year: $0.66M as of Jun 30, 2021
Shares outstanding: 126,343,731 as of Sep 23, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization