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Nordic Gold Inc. (V:NOR)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 1001-409 Granville St
Tel: N/A
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