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Mayfair Gold Corp. (V:MFG)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 489 McDougall St
MATHESON ON P0K 1N0
Tel: N/A
Website: https://mayfairgold.ca
IR: See website
Key People
Patrick C. Evans
President, Chief Executive Officer, Director
Justin Byrd
Chief Financial Officer, Corporate Secretary
Howard Bird
Vice President - Exploration
Richard Klue
Vice President - Technical Services
Harry Pokrandt
Independent Director
 
Business Overview
Mayfair Gold Corp. is a Canada-based mineral exploration company. The Company is primarily engaged in the acquisition and exploration of mineral properties in Canada. The Company is focused on advancing its 100% owned Fenn-Gib gold project, which is located in Guibord and Munro Townships in northeast Ontario, approximately 80 kilometers east of Timmins. Its Fenn-Gib gold project consists of approximately 4,800 hectares. Its Fenn-Gib gold project consists of approximately 21 fee simple patented properties, 153 unpatented mining claims and 144 patented leasehold mining claims located in the Guibord, Munro, Michaud and McCool Townships in northeast Ontario, Canada. The Fenn-Gib Project comprises two property packages, referred to as the Fenn-Gib North and South Blocks, which are separated by approximately three kilometers.
Financial Overview
For the three months ended 31 March 2024, Mayfair Gold Corp revenues was not reported. Net loss decreased 24% to C$3.3M. Lower net loss reflects Mineral Exploration segment loss decrease of 6% to C$4.5M. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.05 to -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $181.10M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$18.71M as of Mar 31, 2024
Net annual income (TTM): -$14.92M as of Mar 31, 2024
Free cash flow (TTM): -$15.73M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 100,378,507 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization