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Golden Ridge Resources Ltd (V:GLDN)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Landmark 3, #335-1632 Dickson Ave
KELOWNA BC V1Y 7T2
Tel: N/A
Website: https://www.goldenridgeresources.com
IR: See website
Key People
Lawrence J. Nagy
Executive Chairman of the Board
Michael Blady
President, Chief Executive Officer, Director
Terese J. Gieselman
Chief Financial Officer, Secretary, Director
Business Overview
Golden Ridge Resources Ltd. is a Canada-based mineral exploration company with projects in Newfoundland and British Columbia. The Company is focused on exploration and development of its portfolio of exploration assets in Newfoundland. It operates Williams Project and Hank Project. The Williams Au-Ag Project is an Au-rich polymetallic discovery west of Gander, Newfoundland in an area known for numerous Au-Ag discoveries along strike, including the Beaver Brook Antimony Mine located 5 kilometer (km) away. The Hank Au-Ag Project is located in northwest British Columbia within Stuhini Group volcanic and volcaniclastic strata zones that feature high-grade epithermal style gold-silver veins surrounded by bulk tonnage Au-Ag-Pb-Zn mineralization. The Company also owns a 100% interest in 3,000-hectare Hickman copper-gold property located in the Golden Triangle district, approximately 140 kms north of Stewart, British Columbia.
Financial Overview
For the six months ended 31 December 2023, Golden Ridge Resources Ltd revenues was not reported. Net loss decreased 25% to C$145K. Lower net loss reflects Write off of exploration and evaluation decrease from C$42K (expense) to C$0K, Marketing and social media decrease of 77% to C$6K (expense), Depreciation decrease of 59% to C$7K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $0.49M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.37M as of Dec 31, 2023
Net annual income (TTM): -$2.71M as of Dec 31, 2023
Free cash flow (TTM): -$2.19M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 58,541,320 as of Jan 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization