Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 18 King Street East, Suite 902 TORONTO ON M5C 1C4 |
Tel: | N/A |
Website: | https://www.angusgold.com |
IR: | See website |
Key People | ||
David Palmer Chairman of the Board | Stephen Burleton Interim President, Chief Executive Officer, Director | Marie-josee Audet Chief Financial Officer |
Business Overview |
Angus Gold Inc. is a Canada-based mineral exploration company. The Company is focused on the acquisition, exploration, and development of gold properties. The Company's principal project is the Golden Sky Project located in Wawa, Ontario. Golden Sky Project is located within the Mishibishu Lake Greenstone Belt of Northern Ontario. The Company's Golden Sky Project is a 261 square kilometers land package covering 141 mining claims located approximately 50 kilometers west of the town of Wawa and is situated immediately between the two Wesdome mines. The Company's Slate Bay Project is an exploration property prospective for a copper-gold-silver skarn mineralized system located in the Red Lake gold mining district in Ontario. Its property is located 10 kilometers north of the town of Red Lake, Ontario, within the Red Lake greenstone belt and consists of the eight patented mining claims in southern McDonough Township within the Red Lake gold camp. |
Financial Overview |
For the nine months ended 31 October 2023, Angus Gold Inc revenues was not reported. Net loss decreased 16% to C$4.2M. Lower net loss reflects Exploration and evaluation expenditures decrease of 11% to C$4.1M (expense), Interest Income increase from C$37K to C$159K (income), Premium on flow-through shares increase of 13% to C$882K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.13 to -C$0.09. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $29.68M as of Oct 31, 2023 |
Annual revenue (TTM): | $0.00M as of Oct 31, 2023 |
EBITDA (TTM): | -$7.33M as of Oct 31, 2023 |
Net annual income (TTM): | -$5.94M as of Oct 31, 2023 |
Free cash flow (TTM): | -$6.00M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 54,901,050 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |