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GMV Minerals Inc. (V:GMV)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Suite 280-1090 West Georgia Street
VANCOUVER BC V6E 3V7
Tel: N/A
Website: https://www.gmvminerals.com
IR: See website
Key People
Ian McCulloch Klassen
President, Chief Executive Officer, Director
Michele Pillon
Chief Financial Officer, Secretary
 
Business Overview
GMV Minerals Inc. is a junior gold development company. The Company is focused on developing precious metal assets in Arizona. It focuses on the Mexican Hat project, located in southeast Arizona (100% interest). The Mexican Hat project is located in the southeastern part of the State of Arizona. The Mexican Hat Property hosts an inferred mineral resource of 32,876,000 tons grading 0.616 grams of gold per ton hosting 651,000 ounces of gold. Mexican Hat claims and exploration licenses cover approximately 4,800 acres. The Daisy Creek Lithium Project is located in Lander County in north central Nevada and consists of 82 lode mining claims comprising 1,694.12 acres, which are located near several operating gold mines and access to power, water, and paved highways are nearby. Its subsidiaries include GMV Guyana Resources Inc. and GMV Minerals (Nevada) LLC.
Financial Overview
For the six months ended 31 December 2023, GMV Minerals Inc revenues was not reported. Net loss increased 49% to C$293K. Higher net loss reflects mineral exploration. segment loss increase from C$117K to C$302K, Canada segment loss increase from C$117K to C$302K.
Reporting Currency: Canadian Dollars
Enterprise value: $13.36M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.89M as of Dec 31, 2023
Net annual income (TTM): -$0.88M as of Dec 31, 2023
Free cash flow (TTM): -$1.09M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 87,829,029 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization