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 |