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QMX Gold Corporation (V:QMX)

Business Focus: Gold

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 65 Queen St W Suite 815,
P.O. Box 75
Tel: N/A
IR: See website
Key People
Frederic Wilfred Roger Leigh
Interim Chairman of the Board
Bradley D. Humphrey
President, Chief Executive Officer, Director
Deborah Battiston
Chief Financial Officer
Patrick Sevigny
Vice President - Operations, Quebec
Gerald Thornton
Vice President - Operations, Manitoba
Andreas Rompel
Vice President - Exploration
Kenny Choi
Business Overview
QMX Gold Corp (QMX) is a Canada-based mining company that is engaged in exploration and mine development. The Company focuses on growing through the exploration, development and acquisition of mineral properties, directly and indirectly through joint ventures and other opportunities. It holds a property position with approximately 200 square kilometers in mining camps in the Abitibi District of Quebec, Canada. It operates in the mining regions in Val-d'Or, Quebec. QMX also focuses on identifying deposits for acquisition and development to replace the Lac Herbin Mine. It focuses on the exploration and evaluation of other gold and base metal projects within these regions. The Lac Herbin properties cover a total aggregate surface area of over 9,000 hectares. The Aurbel-Lac Herbin group of properties has over 400 claims, approximately four mining leases and a surface lease. It holds an interest in VMS properties. Its strategic investments are located in the Abitibi District of Quebec.
Financial Overview
For the three months ended 31 March 2020, QMX Gold Corp revenues was not reported. Net income increased from C$129K to C$310K. Net income benefited from Mine site carrying costs decrease of 48% to C$58K (expense), Interest Income increase from C$2K to C$27K (income), Accretion of reclamation provision decrease of 68% to C$5K (expense).
Employees: 131 as of Dec 31, 2013
Reporting Currency: Canadian Dollars
Enterprise value: $50.70M as of Mar 31, 2020
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$2.23M as of Mar 31, 2020
Net annual income (TTM): -$1.29M as of Mar 31, 2020
Free cash flow (TTM): -$4.86M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 381,154,769 as of Jun 18, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization