Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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 six months ended 30 June 2024, Lavras Gold Corp revenues was not reported. Net loss increased from C$1M to C$2.1M. Higher net loss reflects Share-based payments increase from C$57K to C$1.1M (expense), General and administrative increase of 39% to C$1.3M (expense), Interest and finance charges - Balancing increase of 13% to C$13K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.02 to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $116.02M as of Jun 30, 2024
Annual revenue (TTM): $0.00M as of Jun 30, 2024
EBITDA (TTM): -$3.45M as of Jun 30, 2024
Net annual income (TTM): -$3.14M as of Jun 30, 2024
Free cash flow (TTM): -$8.96M as of Jun 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 51,364,266 as of Sep 3, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization