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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 three months ended 31 March 2024, Noble Metal Group Incorporated revenues was not reported. Net loss increased 20% to C$774K. Higher net loss reflects Gain (loss) on gold contracts payable increase of 15% to C$739K (expense), Professional Fees increase from C$1K to C$33K (expense), Automobile and Travel remaining flat at C$0K. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $1.17M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$0.09M as of Mar 31, 2024
Net annual income (TTM): -$0.40M as of Mar 31, 2024
Free cash flow (TTM): -$0.12M as of Mar 31, 2024
Net Debt Last Fiscal Year: $0.59M as of Mar 31, 2024
Shares outstanding: 126,106,987 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization