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Sky Gold Corp. (V:SKYG)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 1240-789 W Pender St.
VANCOUVER BC V6C 1H2
Tel: N/A
Website: https://www.skygoldcorp.com
IR: See website
Key People
Michael B. England
Chief Executive Officer, Director
Leon Ho
Chief Financial Officer
 
Business Overview
Sky Gold Corp. is a Canada-based junior mineral exploration company. The Company is engaged in acquiring and advancing mineral properties in Canada and the United States. The Company's properties include Evening Star, Mustang, Virginia, Imperial, Horne, Laurie, Ontario Nickel, and Ka Ni-Cu-Co-Cr-Pge Property. The Evening Star property is located in west central Nevada in Mineral County and is comprised of 43 unpatented mineral lode claims totaling 660 acres. The Mustang Property comprises approximately 1,550 hectares and is contiguous to New Found Gold's Queensway Gold Project and approximately five kilometers from their discovery hole. The Virginia Property is approximately 5.7 kilometers northeast of New Found Gold's drill hole and comprises 100 hectares, which is also located 8.2 kilometers northeast of Sky Gold's Mustang property. The Imperial property is located to the Southwest of, and contiguous with Amex Exploration Inc.'s Perron project, which has made gold discoveries.
Financial Overview
For the six months ended 31 December 2023, Sky Gold Corp revenues was not reported. Net loss decreased 33% to C$229K. Lower net loss reflects Write-off of exploration and evaluation decrease from C$109K (expense) to C$0K, General and administration decrease of 45% to C$14K (expense), Marketing and promotion decrease of 10% to C$29K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $2.17M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.53M as of Dec 31, 2023
Net annual income (TTM): -$5.99M as of Dec 31, 2023
Free cash flow (TTM): -$0.83M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.02M as of Dec 31, 2023
Shares outstanding: 43,542,191 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization