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 six months ended 31 July 2019, Nordic Gold Inc revenues was not reported. Net loss applicable to common stockholders increased 31% to C$12.4M. Higher net loss reflects Gain/Loss on Derivatives - increase of 40% to C$11.6M (expense), Foreign exchange decrease of 96% to C$18K (income), Professional fees increase of 77% to C$265K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.07 to -C$0.06. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $4.55M as of Jul 31, 2019 |
Annual revenue (TTM): | $0.00M as of Jul 31, 2019 |
EBITDA (TTM): | -$2.14M as of Jul 31, 2019 |
Net annual income (TTM): | -$31.59M as of Jul 31, 2019 |
Free cash flow (TTM): | -$26.57M as of Jul 31, 2019 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 222,292,740 as of Nov 7, 2019 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |