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UrbanGold Minerals Inc. (V:UGM)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 3208 Richmond Rd
NEPEAN ON K2H 5B6
Tel: N/A
Website: urbangoldminerals.com
IR: See website
Key People
N/A    
Business Overview
UrbanGold Minerals Inc is a Canada-based precious and base metals exploration company with its activities focused in prospective areas of Quebec, Canada. The Company's operated projects are BullsEye, Pallador, Monarch, Monaco, Lac James and Larabel. The BullsEye project is a 8,642 hectares gold and copper mineralization project located in Chibougamau, Quebec; The Pallador Project is a 5,668 hectares gold and palladium mineralization project; The Monarch is a 1909 hectares gold mineralization project located in Baie James, Quebec; The Lac James is a 123.4 hectares gold and copper mineralization project; The Larabel project is a 4,176 hectares gold and copper mineralization project and The Monaco project, which is a 7250 hectares gold project.
Financial Overview
For the six months ended 30 November 2020, UrbanGoldMinerals Inc revenues was not reported. Net loss increased42% to C$1.6M. Higher net loss reflects Share-basedexpenses increase from C$7K to C$287K (expense),Flow-through shares premium decrease of 70% to C$96K(income), Management fees increase from C$59K to C$137K(expense). Basic Earnings per Share excluding ExtraordinaryItems remained flat at -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $14.60M as of Nov 30, 2020
Annual revenue (TTM): $0.00M as of Nov 30, 2020
EBITDA (TTM): -$2.41M as of Nov 30, 2020
Net annual income (TTM): -$2.29M as of Nov 30, 2020
Free cash flow (TTM): -$2.53M as of Nov 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 62,847,935 as of Dec 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization