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Thunder Gold Corp. (V:TGOL)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 128-1100 Memorial Ave
THUNDER BAY ON P7B 4A3
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 in Canada. The Company's flagship asset is the Tower Mountain gold property, which is located approximately 50 km west-northwest of Thunder Bay, Ontario, just south of the Trans-Canada highway. The Tower Mountain Gold Property consists of 115 single cell mining claims, 64 optioned claims, 11 boundary claims, one owned patent and five patents held under option, totaling 2,650 hectares. Its PEN gold property (PEN) is a greenfield exploration opportunity located four km north of Equinox's Greenstone Project. PEN is located over 275 km northeast of Thunder Bay, Ontario. Its Seagull PGE Property (Seagull) consists of 349 single cell mining claims, totaling 7,370 hectares. The Seagull property 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.
Financial Overview
For the three months ended 31 July 2024, Thunder Gold Corp revenues was not reported. Net income totaled C$30K vs. loss of C$233K. Net income reflects Unrealized loss on marketable securities decrease of 98% to C$3K (expense), Advertising and promotion decrease of 96% to C$3K (expense), Foreign exchange gain (loss) decrease from C$40K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $9.50M as of Jul 31, 2024
Annual revenue (TTM): $0.00M as of Jul 31, 2024
EBITDA (TTM): -$0.50M as of Jul 31, 2024
Net annual income (TTM): -$0.43M as of Jul 31, 2024
Free cash flow (TTM): -$0.81M as of Jul 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 206,634,151 as of Sep 16, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization