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Pasofino Gold Limited (V:VEIN)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 366 Bay Street, Suite 200
TORONTO ON M5H 4B2
Tel: N/A
Website: https://pasofinogold.com
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 Company, through its subsidiary, ARX Resources Limited, is in the process of consolidating its interest in the Dugbe Gold Project so that it owns 100% of the Dugbe Gold Project. The Dugbe Gold Project is located in southern Liberia within the under-explored parts of the Birimian geological province, which is host to the majority of West African gold deposits. The Dugbe Gold Project area is located approximately 70 kilometers (km) by road from the Greenville deep-water port. The 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 three months ended 31 July 2023, Pasofino Gold Limited revenues was not reported. Net loss decreased 21% to C$748K. Lower net loss reflects Share-based payments decrease from C$193K (expense) to C$0K, Office and general decrease of 35% to C$65K (expense), Management fees decrease of 5% to C$144K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $18.71M as of Jul 31, 2023
Annual revenue (TTM): $0.00M as of Jul 31, 2023
EBITDA (TTM): -$5.44M as of Jul 31, 2023
Net annual income (TTM): -$5.52M as of Jul 31, 2023
Free cash flow (TTM): -$4.90M as of Jul 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 51,909,046 as of Jul 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization