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Norse Gold Corp. (V:VKG.H)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 240 Connemara Rd
COMOX BC V9M 3T4
Tel: N/A
Website: https://www.norse-gold.com
IR: See website
Key People
Carl Verley
President, Chief Executive Officer, Director
Jeffrey Sheppard
Chief Financial Officer
 
Business Overview
Norse Gold Corp. is a Canada-based company that is engaged in the exploration and development of natural resources in Canada. The Company's main asset is its 100% interest in the Morris Lake Property, which covers approximately 3,231-hectare, consisting of seven claims and three leases, 75 kilometers (km) north of Yellowknife. It owns mining leases situated in the Yellowknife Gold Belt, together with additional mineral claims adjoining and contiguous with such leases. The Company also has the option to acquire additional mineral properties in Saskatchewan from BEC International Corp. (BEC) consisting of 10 mineral claims in four separate parcels.
Financial Overview
For the six months ended 31 December 2023, Norse Gold Corp revenues was not reported. Net loss decreased 45% to C$15K. Lower net loss reflects Professional Fees decrease of 62% to C$7K (expense), Agent fees, Filing and Listing decrease of 10% to C$7K (expense), Interest and bank charges remaining flat at C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $1.81M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.04M as of Dec 31, 2023
Net annual income (TTM): -$0.04M as of Dec 31, 2023
Free cash flow (TTM): -$0.05M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.17M as of Dec 31, 2023
Shares outstanding: 42,422,073 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization