Noble Metal Group Incorporated (V:NMG)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | Vedder Crossing 1 P.O. Box 1145 CHILLIWACK BC V2R 3N7 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Dorothy Dennis President, Chief Executive Officer, Director | Scott Thomson Chief Financial Officer, Secretary, Director | |
| Business Overview |
| Noble Metal Group Incorporated is a Canada-based junior resource public company. The Company's principal business activity is the exploration and development of mineral properties. The Company is involved in the exploration and development of its Cariboo Mineral and Placer Properties held in the Cariboo Mining Division of British Columbia. The property consists of 5,236.0016 hectares (ha) or 12,938.43 acres of hard rock mineral claims. The Company's Lease of Placer Minerals (LPM) is located at the confluence of Keithley and Snowshoe Creeks. The Placer property encompasses an area of 211.34 hectares (522.2 acres). The Company's LOU Claim Group consists of two Placer Claims (100 hectares-247 acres) and two Lou FR (39.086 hectares-96.6 acres). |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Noble Metal Group Incorporated revenues was not reported. Net loss decreased 42% to C$268K. Lower net loss reflects Professional Fees decrease of 10% to C$36K (expense), Gain on debt settlement - accounts payab increase of 37% to C$12K (income), Automobile and travel decrease of 58% to C$1K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1.17M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$0.05M as of Dec 31, 2023 |
| Net annual income (TTM): | -$0.27M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.07M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $0.54M as of Dec 31, 2023 |
| Shares outstanding: | 126,106,987 as of Feb 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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