Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 82 Richmond Street East TORONTO ON M5C 1P1 |
Tel: | N/A |
Website: | www.nikosexplorations.com |
IR: | See website |
Key People | ||
Roger Moss President, Chief Executive Officer, Director | Eric Myung Chief Financial Officer |
Business Overview |
Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company's properties include Borden Lake Property, Kingsway Property and Scotch Property. The Company has a 100% undivided interest in the Borden Lake Property located near Chapleau Ontario, which has over 1,598-hectare property that lies immediately east of, and adjacent to, Newmont Goldcorp's Borden Lake gold project. The Company acquired an option to earn a 100% interest in the Kingsway Property (Kingsway), near Gander, Newfoundland. The Scotch Property is located approximately 71 kilometers southwest of Moncton, New Brunswick. It also has Hopedale property that covers much of the Florence Lake greenstone belt that stretches over 60 kilometers. It controls approximately 40 kilometers of strike length of the Florence Lake Greenstone Belt. |
Financial Overview |
For the three months ended 31 December 2023, Labrador Gold Corp revenues was not reported. Net loss decreased 45% to C$92K. Lower net loss reflects Other income increase of 65% to C$98K (income), Corporate development decrease of 36% to C$55K (expense), Professional Fees decrease of 37% to C$23K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $23.91M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.24M as of Dec 31, 2023 |
Net annual income (TTM): | -$0.72M as of Dec 31, 2023 |
Free cash flow (TTM): | -$10.42M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 170,009,979 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |