Golden Lake Exploration Inc. (C:GLM)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | Suite 1240, 789 West Pender Street Vancouver BC V6C 1H2 |
| Tel: | N/A |
| Website: | https://www.goldenlakex.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company's Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain-Eureka trend, along strike and contiguous with i-80 Gold's Archimedes, Ruby Hill and FAD shaft gold deposits to the north, Timberline Resources advanced-stage Lookout Mountain project to the south and North Peak Resources Prospect Mountain Mine Complex to the west. It also holds the Cardinalli Portfolio, consisting of three patented mineral claims called the Sentinel, the Clipper and the Golden Rule, comprising approximately 23 acres. It also owns an early-stage property, the Copperview project, which is situated in south-central British Columbia. It holds the option to acquire a 100% undivided interest in the Conglin Creek Copper Property. |
| Financial Overview |
| For the fiscal year ended 30 November 2023, Golden Lake Exploration Inc revenues was not reported. Net loss decreased 30% to C$1.2M. Lower net loss reflects Share-based payments decrease of 76% to C$94K (expense), Write-off of exploration and evaluation decrease of 20% to C$559K (expense), Advertising and Promotion decrease of 53% to C$58K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3.83M as of Nov 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
| EBITDA (TTM): | -$0.73M as of Nov 30, 2023 |
| Net annual income (TTM): | -$1.25M as of Nov 30, 2023 |
| Free cash flow (TTM): | -$1.82M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 65,528,847 as of Nov 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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