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NevGold Corp. (V:NAU)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 250-200 Burrard Street
Tel: N/A
IR: See website
Key People
Steve Konopelky
President, Chief Executive Officer, Director
Stuart Crichton
Chief Financial Officer
Business Overview
NevGold Corp. is a Canada-based exploration and development company. The Company is focused on the Limousine Butte and Cedar Wash properties in Nevada, and the Ptarmigan property in Southeast British Columbia. The Limousine Butte Project is located within the Basin and Range physiographic province of east-central Nevada. Paleozoic rocks deposited as sediments on the continental shelf and intruded, by Tertiary volcanic rocks. The Cedar Wash project is a high-potential, advanced exploration prospect located in Lincoln County, approximately 75 kilometers (km) southeast of Pioche, on the southern flank of the Clover Mountains. The Company acquired its 100% interest from McEwen Mining. The Ptarmigan property is an approximately 9,900 hectares land package located 50 km west of Radium, BC, and approximately 300 km west of Calgary, AB. The property is accessed via logging roads. Several historic mining trails provide access to various workings in the project boundary.
Financial Overview
For the fiscal year ended 31 December 2021, NevGold Corp revenues was not reported. Net loss increased from C$60K to C$2.9M. Higher net loss reflects Professional Fees increase from C$21K to C$149K (expense), Depreciation increase from C$3K to C$9K (expense), Accretion increase from C$1K to C$3K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.12.
Reporting Currency: Canadian Dollars
Enterprise value: $27.40M as of Dec 31, 2021
Annual revenue (TTM): $0.00M as of Dec 31, 2021
EBITDA (TTM): -$2.89M as of Dec 31, 2021
Net annual income (TTM): -$2.89M as of Dec 31, 2021
Free cash flow (TTM): -$2.09M as of Dec 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 49,856,787 as of Apr 25, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization