Galore Resources Inc. (V:GRI)
Business Focus: Gold (NEC)
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | SUITE 506 - 595 HOWE STREET VANCOUVER BC V6C 2T5 |
| Tel: | N/A |
| Website: | https://www.galoreresources.com |
| IR: | See website |
| Key People | ||
| James Michael McMillan President, Chief Executive Officer, Director | Andrew Mcmillan Chief Financial Officer | |
| Business Overview |
| Galore Resources Inc. is a Canada-based junior mineral exploration company. The Company is involved in the acquisition and exploration of mineral property interests in North America. The Company's Dos Santos project is a gold exploration project located in northern Zacatecas State, Mexico. The Company has a 100% interest in the Dos Santos project, which covers around 15,000 hectares (37,065 acres) of mineral claims. The Dos Santos project covers a geologically attractive area in the Concepcion del Oro Mining District with the potential to host world-class gold-silver-lead-zinc mineral deposits. The Dos Santos project's main targets include El Alamo, San Jose, Los Gemelos and La Palma. The main area of gold mineralization at El Alamo measures over 500 meters long and up to 110 meters wide. The San Jose area is located at the East Margin of El Alamo Ridge, and it shows a continuous gold anomaly along the northern portion of the Dos Santos. Its subsidiary is Minerales Galore, S.A de C.V. |
| Financial Overview |
| For the nine months ended 31 December 2023, Galore Resources Inc revenues was not reported. Net loss decreased 35% to C$634K. |
| Employees: | 3,000 as of Mar 31, 2014 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3.28M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$0.53M as of Dec 31, 2023 |
| Net annual income (TTM): | -$0.85M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.09M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $0.90M as of Dec 31, 2023 |
| Shares outstanding: | 165,731,430 as of Mar 20, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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