Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | Suite 1020 - 800 West Pender Street VANCOUVER BC V6C 2V6 |
Tel: | 1-778-2661456 |
Website: | https://k2gold.com |
IR: | See website |
Key People | ||
John E. Robins Executive Chairman of the Board | Anthony Margarit President, Chief Executive Officer, Director | Robert James Scott Chief Financial Officer |
Business Overview |
K2 Gold Corporation is a Canada-based exploration stage company with its primary focus being the exploration of mineral properties in California, Nevada and the Yukon Territory. The Company holds three precious metal projects and reviews other prospective gold properties. The Company's projects include Si2 Gold, Wels and Mojave. The Si2 Gold Project is located in Esmeralda County, Nevada, approximately 60 kilometers (km) northwest of Tonopah, Nevada, and 20 km northwest of Allegiant Gold's Eastside deposit (1.4Moz Au, 8.8 Moz Ag). The project is road accessible and consists of 118 Bureau of Land Management (BLM) lode claims covering 986 hectares (Ha). Wels Project is located in Western Yukon, approximately 40 km from Beaver Creek, YT and 60 km south of Newmont Goldcorp's 4Moz Coffee deposit. The project consists of 350 contiguous quartz claims covering approximately 7200 hectares. The Mojave Project is located in Inyo County, California. |
Financial Overview |
For the nine months ended 30 September 2023, K2 Gold Corp revenues was not reported. Net loss decreased 14% to C$847K. Lower net loss reflects Interest Income increase from C$18K to C$67K (income), Professional Fees decrease of 54% to C$40K (expense), Personnel decrease of 13% to C$257K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $14.86M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$1.35M as of Sep 30, 2023 |
Net annual income (TTM): | -$1.10M as of Sep 30, 2023 |
Free cash flow (TTM): | -$4.68M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 108,511,800 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |