Gitennes Exploration Inc. (V:GIT)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | Suite 410, 325 Howe Street VANCOUVER BC V6C 1Z7 |
| Tel: | N/A |
| Website: | https://gitennes.com |
| IR: | See website |
| Key People | ||
| Kenneth D. Booth President, Chief Executive Officer, Director | Kerry M. Spong Chief Financial Officer | |
| Business Overview |
| Gitennes Exploration Inc. is a gold exploration company. The Company is in the business of exploring for and advancing mineral properties with a focus on high grade or large tonnage gold deposits. The Company has five gold properties in Quebec, JMW, New Mosher, Maxwell, VG Boulder and Serpenphior, the Snowbird gold property in British Columbia. It has an option to earn up to an 85% interest in the New Mosher Gold Property which is 670 hectares and is located approximately four kilometers (km) from the past producing Joe Mann Gold Mine. The Maxwell Property is 6,640 hectares and it is located approximately 14 kilometers south of Chapais and 18 kilometers northeast of the Company's JMW property. It owns 100% of the 2,150-hectare JMW Property, which is located approximately 30 km south of Chapais Quebec. The Snowbird High Grade Gold Project consists of eight mineral claims, comprising 3,018 hectares, located approximately 20 km west of Fort St. James, in central British Columbia. |
| Financial Overview |
| For the nine months ended 30 September 2023, Gitennes Exploration Inc. revenues was not reported. Net loss decreased 20% to C$456K. Lower net loss reflects Exploration and evaluation decrease of 24% to C$317K (expense), Promotion and public relations decrease from C$56K (expense) to C$0K, Consulting decrease from C$25K (expense) to C$0K. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
| Employees: | 1 as of Dec 31, 2008 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $0.60M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.57M as of Sep 30, 2023 |
| Net annual income (TTM): | -$0.47M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.01M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 68,547,122 as of Mar 27, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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