Goldex Resources Corporation (V:GDX)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | Suite 2300 - 1177 W. Hastings St VANCOUVER BC V6E 2K3 |
| Tel: | N/A |
| Website: | goldex.ca |
| IR: | See website |
| Key People | ||
| Charles E. Ross President, Director | James E. Ravannack Chief Executive Officer, Director | Kiki Smith Chief Financial Officer | Larry D. Kornze Vice President - Exploration, Director |
| Business Overview |
| Goldex Resources Corporation is a Canada-based diversified exploration and development company. The Company is engaged in the acquisition and exploration of gold exploration and evaluation assets. It owns 100% of the mineral title and rights to explore and extract minerals from a mineral property known as the El Pato Property in Guatemala. The El Pato Project is located in south-eastern Guatemala, 5 kilometers (kms) west of the town of Chiquimula and approximately 110 km east of Guatemala City. The Project consists of two mineral exploration licenses which cover an area of approximately 126 square kilometers (sq. km.). Its Korokoro concession is in production, mining from the Birimian Sediments. The Korokoro concession of approximately 143 sq. km. is 54 km from the Morila Mine. The Company's Cerro Las Minas Property is located contiguous to the El Pato property in the eastern Department of Chiquimula, within the southeastern part of the Republic of Guatemala, Central America. |
| Financial Overview |
| For the nine months ended 30 September 2023, Goldex Resources Corp revenues was not reported. Net loss increased 30% to C$439K. Higher net loss reflects Gain on disposal of subsidiaries decrease from C$76K (income) to C$0K, Interest expense increase of 24% to C$316K (expense), Gain on disposal of interest in explorat decrease from C$15K (income) to C$0K. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3.25M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.19M as of Sep 30, 2023 |
| Net annual income (TTM): | -$0.56M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.00M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $1.36M as of Sep 30, 2023 |
| Shares outstanding: | 33,102,722 as of Feb 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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