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.

Montage Gold Corp. (V:MAU)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Suite 700 1255 Bay Street
TORONTO ON M5R 2A9
Tel: N/A
Website: https://www.montagegoldcorp.com
IR: See website
Key People
Hugh Stuart
President, Director
Martino De Ciccio
Chief Executive Officer
Glenn Michio Kondo
Chief Financial Officer
Constant Tia
Chief Financial Officer
Kevin Ross
Chief Operating Officer
Silvia Bottero
Executive Vice President - Exploration
Adam Spencer
Executive Vice President, Corporate Development
   
Business Overview
Montage Gold Corp. is a Canada-based precious metals exploration and development company. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Africa. It is focused on the exploration and development of properties in Cote d'Ivoire. The Company's property is the Kone Gold Project. The Kone Gold Project (KGP) is located approximately 350 kilometers north-west of Yamoussoukro, the political capital of Cote d'Ivoire, and approximately 600 km north-west of Abidjan, the commercial capital of the Country. The Company's original land package included the 300 square kilometers (km2) Kone Exploration Permit (PR 262), the 362 km2 Faradougou Exploration Permit (PR 748) and three exploration permit applications totaling 780km2. The Kone Exploration Permit hosts the Kone deposit which comprises an Indicated Mineral Resource.
Financial Overview
For the nine months ended 30 September 2023, Montage Gold Corp revenues was not reported. Net loss increased from C$6.1M to C$13.9M. Higher net loss reflects Exploration and project investig increase from C$1.6M to C$8.8M (expense), Stock based compensation expense increase from C$270K to C$908K (expense), Management and consulting fees increase of 21% to C$1.5M (expense).
Employees: 35 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $279.37M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$17.30M as of Sep 30, 2023
Net annual income (TTM): -$17.60M as of Sep 30, 2023
Free cash flow (TTM): -$16.89M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 239,089,988 as of Apr 19, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization