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Lavras Gold Corp. (V:LGC)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
Company Contact
Address: 82 Richmond Street East, Suite 201
Tel: 1-289-6241377
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 nine months ended 30 September 2023, Lavras Gold Corp revenues was not reported. Net loss increased 13% to C$1.6M. Higher net loss reflects General and administrative increase of 41% to C$1.3M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.03 to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $49.44M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$2.05M as of Sep 30, 2023
Net annual income (TTM): -$2.11M as of Sep 30, 2023
Free cash flow (TTM): -$5.57M as of Sep 30, 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