Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 489 McDougall St MATHESON ON P0K 1N0 |
Tel: | N/A |
Website: | https://mayfairgold.ca |
IR: | See website |
Key People | ||
Patrick C. Evans President, Chief Executive Officer, Director | Justin Byrd Chief Financial Officer, Corporate Secretary | Howard Bird Vice President - Exploration |
Business Overview |
Mayfair Gold Corp. is a Canada-based mineral exploration company. The Company is primarily engaged in the acquisition and exploration of mineral properties in Canada. The Company is focused on advancing its 100% owned Fenn-Gib gold project, which is located in Guibord and Munro Townships in northeast Ontario, approximately 80 kilometers east of Timmins. Its Fenn-Gib gold project consists of approximately 4,800 hectares. Its Fenn-Gib gold project consists of approximately 21 fee simple patented properties, 153 unpatented mining claims and 144 patented leasehold mining claims located in the Guibord, Munro, Michaud and McCool Townships in northeast Ontario, Canada. The Fenn-Gib Project comprises two property packages, referred to as the Fenn-Gib North and South Blocks, which are separated by approximately three kilometers. |
Financial Overview |
For the fiscal year ended 31 December 2023, Mayfair Gold Corp revenues was not reported. Net loss decreased 13% to C$15.9M. Lower net loss reflects Exploration and evaluation expenses decrease of 13% to C$13.7M (expense), Share-based payment expense decrease of 24% to C$2.5M (expense), Interest income increase from C$85K to C$332K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.22 to -C$0.17. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $240.39M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$19.01M as of Dec 31, 2023 |
Net annual income (TTM): | -$15.95M as of Dec 31, 2023 |
Free cash flow (TTM): | -$16.78M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 100,378,507 as of Jan 24, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |