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QMX Gold Corporation (V:QMX)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 65 Queen St W Suite 815,
P.O. Box 75
TORONTO ON M5H 2M5
Tel: N/A
Website: www.qmxgold.ca
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
Secretary
   
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 nine months ended 30 September 2019, QMX Gold Corp revenues was not reported. Net loss decreased 24% to C$1.1M. Lower net loss reflects Professional consulting and management decrease of 35% to C$658K (expense), Miscellaneous income increase from C$15K to C$132K (income), Net foreign exchange gains/ (losses) decrease from C$72K (expense) to C$21K (income).
Employees: 131 as of Dec 31, 2013
Reporting Currency: Canadian Dollars
Enterprise value: $13.20M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$2.29M as of Sep 30, 2019
Net annual income (TTM): -$2.06M as of Sep 30, 2019
Free cash flow (TTM): -$3.77M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 272,739,714 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization