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Xtra-Gold Resources Corp. (T:XTG)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: Village Road Plaza, Suite 2150,, 59217
P.O Box AP
NASSAU 00000
Tel: N/A
IR: See website
Key People
James Werth Longshore
Chairman of the Board, President, Chief Executive Officer, Manager Director - Ghana Operations
Victor Nkansa
Chief Financial Officer, Vice President - Ghana Operations
Yves Pierre Clement
Vice President - Exploration
Peter C. Minuk
Treasurer, Secretary, Director
Business Overview
Xtra-Gold Resources Corp. is an exploration-stage company. The Company is engaged in the exploration of gold properties exclusively in Ghana, West Africa in the search for mineral deposits, mineral resources and/or mineral reserves. It operates through the exploration and development of resource properties segment. Its exploration activities include the review of existing data, grid establishment, geological mapping, geophysical surveying, trenching and pitting to test the areas of anomalous soil samples and reverse circulation and diamond drilling to test targets followed by infill drilling. Its projects include Kibi project, Kwabeng project, Pameng project, Banso project and Muoso project. Its Kibi project is located on the Apapam concession, Kwabeng project is located on the Kwabeng concession, Pameng project is located on the Pameng concession, Banso project is located on the Banso concession and Muoso project is located on the Muoso concession. It has not generated any revenues.
Financial Overview
For the six months ended 30 June 2021, Xtra GoldResources Corp revenues was not reported. Net incomeincreased 42% to $2.2M. Net income benefited from Recoveryofgold increase from $1.7M to $3.9M (income). BasicEarnings per Share excluding Extraordinary Items increasedfrom $0.03 to $0.05.
Reporting Currency: U.S. Dollars
Enterprise value: $38.69M as of Jun 30, 2021
Annual revenue (TTM): $0.00M as of Jun 30, 2021
EBITDA (TTM): -$2.26M as of Jun 30, 2021
Net annual income (TTM): $3.24M as of Jun 30, 2021
Free cash flow (TTM): $2.15M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 46,762,817 as of Jun 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization