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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
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 nine months ended 31 October 2018, Nordic Gold Inc revenues was not reported. Net loss increased from C$444K to C$21.4M. Higher net loss reflects Share-based compensation increase from C$174K to C$573K (expense), Gain on sale of exploration and evaluati decrease from C$330K (income) to C$0K, Professional fees increase from C$24K to C$303K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.15.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Oct 31, 2018
EBITDA (TTM): -$2.61M as of Oct 31, 2018
Net annual income (TTM): -$19.41M as of Oct 31, 2018
Free cash flow (TTM): -$25.33M as of Oct 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 195,680,740 as of Feb 19, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization