GoGold Resources Inc. (T:GGD)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 2000 Barrington St Suite 1301 HALIFAX NS B3J 3K1 |
| Tel: | 1-416-8550435 |
| Website: | https://www.gogoldresources.com |
| IR: | See website |
| Key People | ||
| John Turner Chairman of the Board | Bradley H. Langille President, Chief Executive Officer, Director | Dana Hatfield Chief Financial Officer |
| Anis Zafer Nehme Chief Operating Officer | Glenn R. Jessome General Legal Counsel, Corporate Secretary | Robert David Harris Manager of Technical Services |
| Business Overview |
| GoGold Resources Inc. is a Canada-based silver and gold producer. The principal business of the Company is the exploration, development, and production of silver, gold and copper primarily in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company's properties include Los Ricos and Parral tailings. The Los Ricos property is situated in Jalisco state, Mexico. The property is comprised of over 42 concessions, covering over 22,000 hectares (ha). The property is located approximately 100 kilometers (kms) northwest of the city of Gaudalajara. The property is split into two projects, the Los Ricos South project and the Los Ricos North project, which are approximately 25km apart. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha. |
| Financial Overview |
| For the three months ended 31 December 2023, Gogold Resources Inc. revenues decreased 20% to $6.8M. Net income totaled $192K vs. loss of $2.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Inventory net realizable value adjustmen decrease of 86% to $364K (expense), Foreign exchange gain (loss) increase from $59K (expense) to $847K (income). |
| Employees: | 200 as of Sep 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $361.62M as of Mar 31, 2024 |
| Annual revenue (TTM): | $39.07M as of Mar 31, 2024 |
| EBITDA (TTM): | -$0.14M as of Mar 31, 2024 |
| Net annual income (TTM): | -$6.57M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$24.75M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 328,612,319 as of Apr 4, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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