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Goldflare Exploration Inc. (V:GOFL)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 458 Des Laurentides Blvd.
PIEDMONT QC J0R 1K0
Tel: N/A
Website: https://goldflare.ca/en
IR: See website
Key People
Serge Roy
Chairman of the Board, Vice President - Strategy and Business
Ghislain Morin
President, Chief Executive Officer, Director
David Corbeil-heneault
Chief Financial Officer
Business Overview
Goldflare Exploration Inc. is a Canada-based mineral exploration company. The Company specializes in gold exploration in the province of Quebec, Canada. The Company is the sole owner of the Aiguebelle-Goldfields, Syenite Condor, Ranger, Windfall, Agar and Mountain properties; and it holds a 50% interest in the Destorbelle property. The Aiguebelle-Goldfields property consists of about six mining claims totaling 253.85 hectares (ha) in Aiguebelle Township. The Syenite Condor property consists of about 20 mining claims, located in Clericy Township, and covers an area of 653.12 ha, in the Rouyn-Noranda municipality. The Ranger property consists of about 39 mining claims and covers an area of 1,052.47 ha, in Clericy Township. The Windfall property consists of about 28 mining claims located in the same region as the others. The Duplessis-Agar property consists of about 10 mining claims. The Company's Duplessis-Mountain property consists of six mining claims covering nearly 340 ha.
Financial Overview
For the nine months ended 30 November 2023, Goldflare Exploration Inc revenues was not reported. Net loss decreased 65% to C$169K. Lower net loss reflects Rémunération et paiements fondés sur des decrease of 89% to C$8K (expense), Salaires et charges sociales decrease of 29% to C$147K (expense), Revenu dintérêts increase from C$0K to C$21K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $1.89M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$0.52M as of Nov 30, 2023
Net annual income (TTM): -$0.32M as of Nov 30, 2023
Free cash flow (TTM): -$1.67M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 113,097,865 as of Dec 12, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization