Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Galleon Gold Corp. (V:GGO)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: TD Canada Trust Tower
161 Bay Street, Suite 2700
TORONTO ON M5J 2S1
Tel: N/A
Website: https://galleongold.com
IR: See website
Key People
R. David Russell
Chairman of the Board, President, Chief Executive Officer
Sonia Agustina
Chief Financial Officer
Timothy Smith
Interim Chief Operating Officer
Lisa Buchan
Vice President - Corporate Development, Corporate Secretary
   
Business Overview
Galleon Gold Corp. is a Canada-based exploration and development company. The Company is in the business of acquiring, exploring, and developing mineral properties in Canada and the United States, primarily those containing gold, silver, platinum group elements (PGEs), copper, nickel and associated base and precious metals. Its projects include West Cache Gold Project and Neal Gold Project. The West Cache Gold Project is located in Bristol and Ogden Townships in the Porcupine Mining Division, District of Cochrane, Province of Ontario. The property consists of over 265 unpatented mining units and 11 patented mining claims located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total of approximately 3,765 hectares. The Neal Gold Project is located near Boise, Idaho and consists of five patented mining claims covering approximately 22.4 hectares. Its other properties consist of Ontario Mining Properties, which include Golden Harker and Eastford Lake.
Financial Overview
For the nine months ended 31 August 2023, Galleon Gold Corp revenues was not reported. Net loss decreased 80% to C$249K. Lower net loss reflects acquisition, exploration and development of exploration and segment loss decrease of 70% to C$135K.
Employees: 2 as of Nov 30, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $8.86M as of Aug 31, 2023
Annual revenue (TTM): $0.00M as of Aug 31, 2023
EBITDA (TTM): -$1.94M as of Aug 31, 2023
Net annual income (TTM): $0.01M as of Aug 31, 2023
Free cash flow (TTM): -$3.84M as of Aug 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 65,348,008 as of Jan 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization