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Thunder Gold Corp. (V:TGOL)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 684 Squier Street
THUNDER BAY ON P7B 4A8
Tel: N/A
Website: https://www.whitemetalres.com
IR: See website
Key People
Wesley C. Hanson
President, Chief Executive Officer, Director
David G. Speck
Chief Financial Officer
 
Business Overview
Thunder Gold Corp. is a Canada-based junior exploration company focused on gold discovery. The Company's Tower Mountain Gold Property is located five kilometers (km) off the Trans-Canada highway, 50 km west of Thunder Bay, Ontario. The property consists of unpatented and patented land totaling 2,533 hectares. Its PEN gold property (PEN) property is located over 275 km northeast of Thunder Bay, Ontario. PEN is a greenfield exploration opportunity located four kms North of Equinox's Greenstone Project. Its Seagull PGE Property (Seagull) consists of 349 single cell mining claims, totaling 7,370 hectares. Seagull is located north of Lake Superior within Mesoproterozoic rocks of the Southern Province of the Canadian Shield. Its other property includes Dor-Wit, Okohongo, Far Lake, Seagull Lake, Shebandowan and Startrek. The Company's Startrek Gold Property, totaling 6,847 hectares, is situated in the Central Newfoundland Gold Belt, interpreted to host high-grade, orogenic gold deposits.
Financial Overview
For the six months ended 31 October 2023, Thunder Gold Corp revenues was not reported. Net loss decreased 30% to C$413K. Lower net loss reflects Unrealized loss on marketable securities decrease of 53% to C$154K (expense), Share-based payments decrease from C$153K (expense) to C$0K, Legal and Accounting decrease of 46% to C$50K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.36M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$0.80M as of Oct 31, 2023
Net annual income (TTM): $0.64M as of Oct 31, 2023
Free cash flow (TTM): -$2.58M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 172,400,818 as of Feb 6, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization