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Tembo Gold Corp. (V:TEM)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: #1305 - 1090 W. Georgia St
Tel: N/A
IR: See website
Key People
David Harold Anthony
Chairman of the Board
David Scott
President, Chief Executive Officer, Director
Simon Charles Benstead
Chief Financial Officer, Vice President - Corporate Development
Business Overview
Tembo Gold Corp. is an exploration-stage company. The Company is engaged in the acquisition, exploration and development of mineral properties in Tanzania, East Africa. The Company is engaged in the exploration and development of unproven exploration and evaluation assets. Its exploration and evaluation assets are located in Tanzania, and its corporate assets are located in Canada. Its main asset is the Tembo gold property (the Tembo Project) located in northwest Tanzania. The project is located directly northwest of and adjacent to the Bulyanhulu mine and comprises approximately 40 contiguous prospecting licenses and license applications covering a total area of approximately 110 square kilometers. Geologically, the Tembo Project is situated in the Lake Victoria goldfield in the Sukumaland greenstone belt, an Archean age succession of volcanic and sedimentary rocks. The Company has no revenues.
Financial Overview
For the nine months ended 30 September 2020, TemboGold Corp revenues was not reported. Net loss decreased 47%to C$516K. Lower net loss reflects Executive managementcompensation decrease of 63% to C$234K (expense), Salariesand benefits decrease of 66% to C$53K (expense),Professional Fees decrease of 74% to C$5K (expense). BasicEarnings per Share excluding Extraordinary Items increasedfrom -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $12.86M as of Sep 30, 2020
Annual revenue (TTM): $0.00M as of Sep 30, 2020
EBITDA (TTM): -$1.37M as of Sep 30, 2020
Net annual income (TTM): -$0.05M as of Sep 30, 2020
Free cash flow (TTM): -$1.75M as of Sep 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 79,490,884 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization