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 St Suite 1301
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 2017, Gogold Resources Inc. revenues increased 5% to $17M. Net loss before extraordinary items decreased 93% to $1.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Impairment charge decrease of 98% to $345K (expense), Foreign exchange gain increase from $421K to $2.7M (income).
Employees: 110 as of Sep 30, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $126.07M as of Sep 30, 2017
Annual revenue (TTM): $21.28M as of Sep 30, 2017
EBITDA (TTM): -$4.89M as of Sep 30, 2017
Net annual income (TTM): -$1.75M as of Sep 30, 2017
Free cash flow (TTM): -$19.87M as of Sep 30, 2017
Net Debt Last Fiscal Year: $61.44M as of Sep 30, 2017
Shares outstanding: 171,376,481 as of Sep 30, 2017
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization