GoGold Resources Inc. (T:GGD)

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Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 2000 Barrington Street
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 six months ended 31 March 2018, Gogold Resources Inc. revenues decreased 20% to $11.2M. Net loss before extraordinary items totaled $1.7M vs. income of $1.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects General and administrative increase of 71% to $2.1M (expense), Gain on derivative liability decrease of 71% to $87K (income).
Employees: 110 as of Sep 30, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $133.83M as of Mar 31, 2018
Annual revenue (TTM): $18.99M as of Mar 31, 2018
EBITDA (TTM): -$11.41M as of Mar 31, 2018
Net annual income (TTM): -$5.81M as of Mar 31, 2018
Free cash flow (TTM): -$30.10M as of Mar 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 172,251,481 as of Jun 13, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization