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GGL Resources Corp. (V:GGL)

Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 1016, 510 West Hastings Street
VANCOUVER BC V6B 1L8
Tel: N/A
Website: https://www.gglresourcescorp.com
IR: See website
Key People
David Kelsch
President, Chief Operating Officer, Director
Douglas Eaton
Chief Executive Officer, Director
Larry B. Donaldson
Chief Financial Officer
Linda Knight
Corporate Secretary
   
Business Overview
Ggl Resources Corp is a Canada-based exploration-stage company. The Company is involved in mineral exploration and development activities. Its property assets consists of exploration targets for diamonds, gold, volcanogenic massive sulfide (VMS) and nickel in the Northwest Territories of Canada, and gold and porphyry copper-gold silver targets at the McConnell Property in British Columbia. It holds interest in over four claims and approximately two fractional claims of Doyle Lake, Northwest Territories. It owns a claim (over 690 hectares) of Fishback Lake, Northwest Territories. It owns over 36 claims (approximately 28,936 hectares), north-northeast of Yellowknife, including the Courageous, Starfish, Winterlake North, Winterlake South, BP, Zip and Mill claims of the CH, Northwest Territories. It owns over 12 claims in the Providence Greenstone Belt (PGB) area of the Northwest Territories. The Company owns over two mineral claims in the Omineca Mining Division of British Columbia.
Financial Overview
For the six months ended 31 May 2019, GGL Resources Corp revenues was not reported. Net loss decreased 47% to C$134K. Lower net loss reflects Share-based payments decrease from C$98K (expense) to C$0K, Property examination costs - Balancing v decrease of 87% to C$3K (expense), Depreciation decrease of 20% to C$3K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $2.24M as of May 31, 2019
Annual revenue (TTM): $0.00M as of May 31, 2019
EBITDA (TTM): -$0.36M as of May 31, 2019
Net annual income (TTM): -$0.41M as of May 31, 2019
Free cash flow (TTM): -$0.52M as of May 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 26,784,449 as of Jun 11, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization