Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 15 Toronto Street, Suite 401 TORONTO ON M5C 2E3 |
Tel: | N/A |
Website: | https://treasurymetals.com |
IR: | See website |
Key People | ||
James Gowans Chairman of the Board | Jeremy Lentz Wyeth President, Chief Executive Officer, Director | Orin Baranowsky Chief Financial Officer |
Rachel Pineault Vice President of Human Resources and Sustainability | Philippa Cox Corporate Controller | Stephanie Labelle Director, Community Affairs and Sustainability |
Adam Larsen Director, Exploration | Floyd Varley Project Director |
Business Overview |
Treasury Metals Inc. is a gold-focused company with assets in Canada. The Company is focused on its 100%-owned Goliath Gold Complex, which consists of Goliath, Goldlund and Miller deposits, which are located in Northwestern Ontario. The Goliath Gold Complex is comprised of approximately 503 mineral claims, 49 patents, five leases and one license of occupation, and the properties cover approximately 34,926 hectares. The Goliath property is located in the Kenora Mining Division in northwestern Ontario, about 20 kilometers east of the City of Dryden and 325 kilometers northwest of the port city Thunder Bay, Ontario, Canada. The Goldlund property covers around 28,289 hectares, and includes two deposits - Goldlund Mine and Miller, which covers portions of the Echo and Pickerel townships in Ontario. The Miller property is a proposed open pit mine. The Company also owns other projects, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. |
Financial Overview |
For the fiscal year ended 31 December 2023, Treasury Metals Inc revenues was not reported. Net loss decreased 34% to C$13.4M. Lower net loss reflects Exploration and evaluation decrease of 51% to C$6.9M (expense), Foreign exchange loss (gain) increase from C$1.1M (expense) to C$384K (income), Administrative, office and shareholder decrease of 27% to C$1.1M (expense). |
Employees: | 22 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $46.90M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$12.28M as of Dec 31, 2023 |
Net annual income (TTM): | -$13.39M as of Dec 31, 2023 |
Free cash flow (TTM): | -$11.32M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $6.85M as of Dec 31, 2023 |
Shares outstanding: | 187,071,365 as of Apr 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |