Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Graycliff Exploration Ltd. (C:GRAY)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 401 Bay St., Suite 2702
TORONTO ON M5H 2Y4
Tel: N/A
Website: https://graycliffexploration.com
IR: See website
Key People
N/A    
Business Overview
Graycliff Exploration Limited is a Canada-based mineral exploration company. The Company is focused on its approximately 1,468 hectares of prospective ground, located roughly 80 kilometers west of Sudbury on the prolific Canadian Shield. The Company's Shakespeare Project consists of one crown patented lease, two crown leases and approximately 40 claims on a property associated with the historic Shakespeare Gold Mine. The Company has drilled over 12,500 meters at Shakespeare, with visible gold identified in multiple holes.
Financial Overview
For the fiscal year ended 31 December 2023, Graycliff Exploration Ltd revenues was not reported. Net loss decreased 67% to C$745K. Lower net loss reflects Exploration and evaluation decrease of 85% to C$233K (expense), Promotion and shareholder communication decrease of 57% to C$105K (expense), Management fees decrease of 11% to C$204K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.14 to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $0.47M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.61M as of Dec 31, 2023
Net annual income (TTM): -$0.74M as of Dec 31, 2023
Free cash flow (TTM): -$0.29M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.03M as of Dec 31, 2023
Shares outstanding: 17,609,841 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization