Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 200 Burrard St Suite 1680 BROSSARD QC J4X 1C2 |
Tel: | N/A |
Website: | https://www.gminingventures.com/en-us |
IR: | See website |
Key People | ||
Louis-Pierre Gignac President, Chief Executive Officer, Director | Julie Lafleur Chief Financial Officer, Vice President - Finance | Dusan Petkovic Senior Vice President - Corporate Strategy |
Jessie Liu-Ernsting Vice President of Investor Relations and Communications | Marc Dagenais Vice President - Legal Affairs, Corporate Secretary | Julie-Anais Debreil Vice President - Geology and Resources |
Business Overview |
G Mining Ventures Corp. is a Canada-based mining company. The Company is engaged in the acquisition, exploration and development of precious metal projects, to capitalize on the value uplift from mine development. The Company's flagship Tocantinzinho Gold Project, covers 996 square kilometers (km2) land package, has access via 103 kilometers (km) of all-weather roads starting from the national highway, the BR-163, that links the industries in southern Brazil to the city of Belem in the north. Tocantinzinho is a permitted, construction ready, open-pit gold deposit containing 2.0 million ounces of reserves located in Para State, Brazil. The Company's 100%-owned Cameron Lake Project is located 30 km north of Lebel-sur-Quevillon within the Quebec Province of Canada. The Project, comprising of 105 map-designated claims covering 5,699.42 hectares, is located within the Cameron Deformation Corridor of the Harricana-Turgeon Greenstone Belt (HTGB) of the Abitibi Subprovince. |
Financial Overview |
For the fiscal year ended 31 December 2023, G Mining Ventures Corp revenues was not reported. Net loss increased from $1.9M to $7.2M. Higher net loss reflects Mineral Exploration and Development segment loss increase of 65% to $7.6M. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.01 to -$0.02. |
Employees: | 9 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $987.92M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.05M as of Dec 31, 2023 |
Net annual income (TTM): | -$9.87M as of Dec 31, 2023 |
Free cash flow (TTM): | -$90.28M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 447,555,604 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |