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Noble Metal Group Incorporated (V:NMG)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: Rpo Vedder Crossing
PO Box 1145
Tel: N/A
Website: N/A
Key People
Dorothy Dennis
President, Chief Executive Officer, Director
Scott Thomson
Chief Financial Officer, Corporate Secretary, Director
Business Overview
Noble Metal Group Incorporated is a Canada-based junior resource company. The Company's principal business activity is the exploration and development of its mineral properties for precious metals located in the Cariboo Mining Division of British Columbia. The property consists of approximately 20 Cell Claims and over 10 Legacy Claims covering an area of approximately 6,981.4 hectares. The Company owns Cariboo mineral claims and placer mining leases. The Company's Placer Claims, the Lou 1 and Lou 2, total approximately 100 hectares. It also owns the Lou 2 FR and Lou 2 SW FR for a total of approximately 39.09 hectares.
Financial Overview
For the nine months ended 30 September 2019, Noble Metal Group Incorporated revenues was not reported. Net loss totaled C$789K vs. income of C$399K. Net loss reflects Unrealized (loss) gain on gold contracts decrease from C$425K (income) to C$771K (expense), Automobile and Travel increase of 98% to C$4K (expense), Transfer agent, filing and exchange fees increase of 14% to C$9K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.49M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$0.05M as of Sep 30, 2019
Net annual income (TTM): -$1.04M as of Sep 30, 2019
Free cash flow (TTM): -$0.12M as of Sep 30, 2019
Net Debt Last Fiscal Year: $1.00M as of Sep 30, 2019
Shares outstanding: 102,483,356 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization