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Pasofino Gold Limited (V:VEIN)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 366 Bay Street, Suite 200
Tel: N/A
IR: See website
Key People
Krisztian Toth
Chairman of the Board
Ian Stalker
Chief Executive Officer
Lincoln Greenidge
Chief Financial Officer
John Sanders
Chief Operations Officer, Director
Business Overview
Pasofino Gold Limited is a Canada-based mineral exploration company. The principal business of the Company is the acquisition, exploration and development of mineral properties. The Company has an agreement with Hummingbird Resources plc (Hummingbir) to earn a 49% economic interest into the Dugbe Gold Project in Liberia. The Project is located in the southern Liberia and situated within Birimian aged rocks. The Dugbe Gold Project comprises an area of approximately 2,559 square kilometers (km2) and includes over two gold deposits, Tuzon and Dugbe F.
Financial Overview
For the fiscal year ended 30 April 2022, Pasofino Gold Limited revenues was not reported. Net loss decreased 66% to C$15.6M. Lower net loss reflects Exploration expense decrease of 75% to C$10.9M (expense), Investor relations decrease of 80% to C$102K (expense), Office and general decrease of 13% to C$376K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$2.86 to -C$0.45.
Reporting Currency: Canadian Dollars
Enterprise value: $22.04M as of Apr 30, 2022
Annual revenue (TTM): $0.00M as of Apr 30, 2022
EBITDA (TTM): -$16.97M as of Apr 30, 2022
Net annual income (TTM): -$15.63M as of Apr 30, 2022
Free cash flow (TTM): -$13.51M as of Apr 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 41,122,865 as of Apr 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization