Lavras Gold Corp. (V:LGC)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 82 Richmond Street East, Suite 201 TORONTO ON M5C 1P1 |
| Tel: | 1-289-6241377 |
| Website: | https://lavrasgold.com |
| IR: | See website |
| Key People | ||
| Michael Durose President, Chief Executive Officer, Director | Hemdat Sawh Chief Financial Officer, Company Secretary | |
| Business Overview |
| Lavras Gold Corp. is a Canada-based junior exploration company. The Company is engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that spans approximately 22,000 hectares in size and comprised of 29 mineral rights centered on historic gold workings. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Lavras Gold Corp revenues was not reported. Net loss increased 5% to C$2M. Higher net loss reflects General and administrative increase of 31% to C$1.8M (expense), Depreciation increase of 33% to C$32K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.05. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $64.90M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$2.08M as of Dec 31, 2023 |
| Net annual income (TTM): | -$2.04M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$7.08M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 51,353,016 as of Feb 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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