Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

RTG Mining Inc. (T:RTG)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Level 1, 516 Hay Street
SUBIACO WAS 6008
Tel: 1-970-6400611
Website: https://www.rtgmining.com
IR: See website
Key People
Michael Joseph Carrick
Executive Chairman of the Board
Justine Alexandria Magee
President, Chief Executive Officer, Executive Director
Ryan R. Eadie
Interim Chief Financial Officer, Company Secretary
Mark Turner
Chief Operating Officer
   
Business Overview
RTG Mining Inc. is an Australia-based mining and exploration company. The Company is focused primarily on progressing the Mabilo Project to start-up with permitting well advanced, to a producing gold and copper company. It also has various opportunities, including the Panguna Project in Bougainville. It holds a 40% interest in Mt. Labo Exploration and Development Corporation (Mt. Labo), which holds the high-grade Copper and Gold Mabilo Project in the Philippines. It holds a 90% interest in the Chanach Project. The Chanach Project is located in the southern Tien Shan metallogenic belt. Its Bunawan Project includes four project areas situated in the mineral province of the Pacific Cordillera volcanic arc in the South Philippines. Its Nalesbitan Project is approximately 15 kilometers (km) west of the Mabilo development project in the Paracale Gold District in Eastern Luzon. Its Panguna project is located in the Central Region of the island of Bougainville.
Financial Overview
For the fiscal year ended 31 December 2023, RTG Mining Inc revenues increased from $0K to $19K. Net loss decreased 29% to $4.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Foreign exchange gain / (loss) decrease from $642K (expense) to $114K (income), Administrative expenses - Other decrease of 40% to $1.1M (expense).
Employees: 5 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $28.94M as of Dec 31, 2023
Annual revenue (TTM): $0.03M as of Dec 31, 2023
EBITDA (TTM): -$5.46M as of Dec 31, 2023
Net annual income (TTM): -$6.02M as of Dec 31, 2023
Free cash flow (TTM): -$5.33M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,128,651,665 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization