GoldON Resources Ltd. (V:GLD)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 179 - 2945 Jacklin Road, Suite 416 VICTORIA BC V9B 6J9 |
| Tel: | 1-204-7240613 |
| Website: | https://goldonresources.com |
| IR: | See website |
| Key People | ||
| Michael Romanik President, Chief Executive Officer, Director | Jeff J. Smulders Chief Financial Officer, Director | |
| Business Overview |
| GoldON Resources Ltd. is a Canada-based mineral exploration company, which is focused on discovery-stage properties. The Company is in the business of exploring its mineral exploration assets. Its projects include West Madsen, Slate Falls, Pipestone Bay, Pakwash North, McInnes Lake, McDonough and Hagarty Creek. The Pipestone Bay Property is located within the Red Lake Greenstone Belt (RLGB) approximately 32 kilometers (km) west of the town of Red Lake, the 1,015-hectare Pipestone Bay Property lies in an area of numerous significant gold occurrences, including two past producers and four developed prospects. The Hagarty Creek property comprises 17 mining claims covering 7,731 hectares. The property is approximately 46 kilometers (km) southeast of the town of Longlac in the municipality of Greenstone, Ontario. The McInnes Lake Property is located over 115 kilometers (km) north of the town of Red Lake. The West Madsen Property is located in the heart of the Red Lake Gold Camp. |
| Financial Overview |
| For the six months ended 31 December 2023, GoldON Resources Ltd revenues was not reported. Net loss increased 21% to C$387K. Higher net loss reflects Writedown of exploration and evaluation increase of 57% to C$245K (expense), Management and administration fees increase of 11% to C$53K (expense), Professional fees increase from C$4K to C$9K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.05M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$0.33M as of Dec 31, 2023 |
| Net annual income (TTM): | -$4.81M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.69M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 31,045,960 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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