Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 1700 Park Place, 666 Burrard Street VANCOUVER BC V6C 2X8 |
Tel: | N/A |
Website: | https://nevadaking.ca |
IR: | See website |
Key People | ||
Paul Frank Matysek Executive Chairman of the Board | John Sclodnick President | Collin Kettell Chief Executive Officer, Director | Bassam Moubarak Chief Financial Officer, Corporate Secretary |
Business Overview |
Nevada King Gold Corp. is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties in Nevada, United States. The Company's Atlanta project includes the Atlanta Gold Mine, which is located in the northern portion of Lincoln County, Nevada and is approximately 264 kilometers northeast of Las Vegas, Nevada, and is part of the prolific gold producing Battle Mountain Trend. The project consists of 12 patented and 1560 unpatented mineral lode claims, totaling approximately 12,700 hectares (ha), held 100% by Desert Hawk. The Atlanta project is well situated with regard to physical infrastructure. Prior to mining operations at the site, they established an open pit mine, a tailings dam, a mill and processing area, and a surface impoundment area. It also holds an option to purchase a 100% undivided interest in the property known as the Silver Park property. Silver Park is located within the Atlanta Project boundary, and totals about 24 ha. |
Financial Overview |
For the three months ended 30 June 2024, Nevada King Gold Corp revenues was not reported. Net loss decreased 34% to C$2.8M. Lower net loss reflects Exploration and evaluation segment loss decrease of 31% to C$2.8M. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $106.09M as of Sep 30, 2024 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2024 |
EBITDA (TTM): | -$19.90M as of Sep 30, 2024 |
Net annual income (TTM): | -$21.14M as of Sep 30, 2024 |
Free cash flow (TTM): | -$20.54M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 378,094,795 as of Nov 20, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |