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Golden Spike Resources Corp. (C:GLDS)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 830 -1100 Melville
VANCOUVER BC V6E 4A6
Tel: N/A
Website: https://www.goldenspikeresources.com
IR: See website
Key People
Keith F. Anderson
President, Chief Executive Officer, Director
P. Joseph Meagher
Chief Financial Officer, Director
 
Business Overview
Golden Spike Resources Corp. is a Canadian mineral exploration company. The Company is focused on identifying, acquiring and unlocking value in mineral opportunities in Canada and other low-risk jurisdictions. The Company holds the rights to acquire 100% interest in the Gregory River Property. The Gregory River Property covers approximately 3,425 hectares and is comprised of 17, with contiguous mineral licenses, which consolidates the majority of the belt under Golden Spike. The licenses are located on the west coast of the province of Newfoundland and Labrador, 42 kilometers (km) north northwest of the city of Corner Brook, and 53 km west of the city of Deer Lake. The Property lies approximately 27 km north-northeast of the York Harbour deposit, a Cyprus-type, copper-zinc-silver VMS deposit. The Company's wholly owned subsidiary is Golden Horizon Exploration Corp., which is an exploration stage company.
Financial Overview
For the nine months ended 31 May 2024, Golden Spike Resources Corp revenues was not reported. Net loss decreased 61% to C$316K. Lower net loss reflects Share-based compensation decrease from C$228K (expense) to C$0K, Shareholder communications and promotion decrease of 90% to C$10K (expense), Transfer agent and filing fees decrease of 61% to C$37K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $9.01M as of May 31, 2024
Annual revenue (TTM): $0.00M as of May 31, 2024
EBITDA (TTM): -$0.58M as of May 31, 2024
Net annual income (TTM): -$0.59M as of May 31, 2024
Free cash flow (TTM): -$0.47M as of May 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 57,346,666 as of Nov 4, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization