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Galway Metals Inc. (V:GWM)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 82 Richmond St E
Tel: N/A
IR: See website
Key People
Robert P. Hinchcliffe
President, Chief Executive Officer, Director
Robert D.B. Suttie
Chief Financial Officer
Rafael Solis
Vice President - Finance, Director
Lawrence Jay Strauss
Vice President - Corporate Development, Director
Mari Trowbridge
Vice President - Administration
Michael W. Sutton
Chief Geologist, Director
Business Overview
Galway Metals Inc is a Canada-based exploration company. The Company is focused on exploring the Clarence Stream and Estrades gold and polymetallic projects, located in New Brunswick and Quebec. The Company's projects Clarence Stream gold project and Estrades project. The Clarence Stream gold project, which is located 70 kilometers south-southwest of Fredericton in south-western New Brunswick, Canada. The Company's land position comprises approximately 60,465 hectares (149,412 acres) with 65 kilometers of strike length and a width of up to 28 kilometers along with the Sawyer Brook Fault System, which straddles several intrusives. Estrades project producing, high-grade Estrades mine, related Newiska concessions, and adjacent Casa Berardi claims in western Quebec, Canada, located approximately 95 kilometers north of the town of La Sarre. The claims are largely contiguous and comprise approximately 31 kilometers of strike.
Financial Overview
For the three months ended 31 March 2022, Galway Metals Inc revenues was not reported. Net loss decreased 38% to C$2.4M. Lower net loss reflects Premium on flow-through shares increase from C$1.3M to C$3.3M (income), Stock-based compensation decrease of 89% to C$68K (expense), (Gain) loss on foreign exchange decrease of 81% to C$4K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $66.17M as of Mar 31, 2022
Annual revenue (TTM): $0.00M as of Mar 31, 2022
EBITDA (TTM): -$20.17M as of Mar 31, 2022
Net annual income (TTM): -$14.75M as of Mar 31, 2022
Free cash flow (TTM): -$19.53M as of Mar 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 201,549,423 as of Jul 25, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization