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Idaho Champion Gold Mines Canada Inc. (C:ITKO)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 401 Bay St Suite 2702
Tel: N/A
IR: See website
Key People
Brian Wright
President, Chief Operating Officer, Director
Carl J. McGill
Chief Executive Officer, Director
Johnny Oliveira
Chief Financial Officer
Business Overview
Idaho Champion Gold Mines Canada Inc, formerly Goldtrain Resources Inc, is a Canada-based discovery focused gold exploration company. The Company, through its subsidiary and affiliated entities, is the owner of more than 10 mining claims in north central Idaho, the United States, and has staked claims covering more than 1,700 hectares of adjoining exploration ground. Its projects include the Baner Project, the Champagne Project and the Idaho Cobalt Properties. The Baner Project is a gold and silver exploration project that consists of more than 200 contiguous unpatented claims covering approximately 16 square kilometers. The Champagne Project is a gold and silver exploration project. The Idaho Cobalt Properties are comprised of approximately 800 mineral claims, which amount to approximately 16,900 acres.
Financial Overview
For the six months ended 30 June 2021, IdahoChampion Gold Mines Canada Inc revenues was not reported.Net loss increased from C$756K to C$1.6M. Higher net lossreflects Project costs increase from C$190K to C$605K(expense), Share-based compensation increase from C$15K toC$329K (expense), Shareholder and investor relationsincrease from C$131K to C$346K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $5.31M as of Jun 30, 2021
Annual revenue (TTM): $0.00M as of Jun 30, 2021
EBITDA (TTM): -$6.71M as of Jun 30, 2021
Net annual income (TTM): -$6.72M as of Jun 30, 2021
Free cash flow (TTM): -$6.40M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 103,506,238 as of Jul 21, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization