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GoGold Resources Inc. (T:GGD)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 2000 Barrington St Suite 1301
HALIFAX NS B3J 3K1
Tel: N/A
Website: www.gogoldresources.com
IR: See website
Key People
Terence F. Coughlan
Chairman of the Board
Bradley H. Langille
President, Chief Executive Officer
Dana Hatfield
Chief Financial Officer, Director
Anis Zafer Nehme
Chief Operating Officer
Daniel Davies Whittaker
Executive Vice President, Chief Administrative Officer, Corporate Secretary
Sean Tufford
Vice President - Corporate Development
Glenn R. Jessome
General Legal Counsel, Corporate Secretary
   
Business Overview
GoGold Resources Inc. (GoGold) is a Canada-based mining company. The Company is engaged in the exploration, development and production of gold, silver and copper. The Company owns two properties: the Parral mine located in the State of Chihuahua, Mexico (the Parral Project), and the Santa Gertrudis project located in the State of Sonora, Mexico (the Santa Gertrudis Project). In addition to its material projects, GoGold holds the Rambler property in Newfoundland and Labrador and the San Diego property in Durango, Mexico. The Parral Project comprises dry land tailings deposited from the Mina la Prieta silver and base metal mine located in the city of Hidalgo del Parral, Chihuahua, Mexico. The Santa Gertrudis Project is located in the Santa Teresa mining district, Arizpe, Cucurpe and Imuris Municipalities, in northeastern Sonora State, Mexico. The Santa Gertrudis Project comprises approximately 50 concessions covering a total of over 41,989.9 hectares.
Financial Overview
For the fiscal year ended 30 September 2019, Gogold Resources Inc. revenues increased 28% to $27M. Net income before extraordinary items totaled $8.1M vs. loss of $73.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Impairment charge decrease from $48.2M (expense) to $0K, Inventory write down decrease from $13.9M (expense) to $0K.
Employees: 185 as of Sep 30, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $125.97M as of Sep 30, 2019
Annual revenue (TTM): $35.17M as of Sep 30, 2019
EBITDA (TTM): $1.66M as of Sep 30, 2019
Net annual income (TTM): $10.58M as of Sep 30, 2019
Free cash flow (TTM): -$21.34M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 186,067,211 as of Jan 15, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization