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Nordic Gold Inc. (V:NOR)

Business Focus: Gold Mining

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Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1001-409 Granville St
VANCOUVER BC V6C 1T2
Tel: N/A
Website: https://nordic.gold
IR: See website
Key People
Basil Roy Botha
Chairman of the Board
Michael Hepworth
President, Chief Executive Officer, Director
Gregory Duras
Chief Financial Officer
Joe Ranford
Chief Operating Officer, General Manager
Tom Klaimanee
Corporate Secretary
 
Business Overview
Nordic Gold Corp, formerly Firesteel Resources Inc, is a Canada-based gold mining company. The Company is focused on exploration of its producing gold mine in Finland, the Laiva Gold Mine, which is is fully built, permitted and financed via a gold forward sale agreement. The Laiva deposit is located in Raahe, Finland and is a conventional open pit mine with 2 pits. The mine has a access to local infrastructure, including grid power, paved all weather roads and port.
Financial Overview
For the three months ended 30 April 2019, Nordic Gold Inc revenues was not reported. Net loss applicable to common stockholders decreased 6% to C$3.8M. Lower net loss reflects Gain/Loss on Derivatives - Hedging increase from C$11K (expense) to C$135K (income), Loss on equity investments decrease of 92% to C$9K (expense), Office and general decrease of 89% to C$10K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $7.80M as of Apr 30, 2019
Annual revenue (TTM): $0.00M as of Apr 30, 2019
EBITDA (TTM): -$2.40M as of Apr 30, 2019
Net annual income (TTM): -$28.41M as of Apr 30, 2019
Free cash flow (TTM): -$34.06M as of Apr 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 195,680,740 as of Apr 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization