Solstice Gold Corp. (V:SGC)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | Suite 550 - 800 West Pender Street VANCOUVER BC V6C 2V6 |
| Tel: | N/A |
| Website: | https://solsticegold.com |
| IR: | See website |
| Key People | ||
| David W. Adamson Executive Chairman of the Board | Pablo Mcdonald Chief Executive Officer, Director | Mark Laycock Chief Financial Officer |
| Business Overview |
| Solstice Gold Corp. is a Canada-based gold exploration company with gold and lithium projects in mining regions of Canada. The Company's 268 square kilometers (km2) Stewart Lake Project (SLP) is a lithium property located in the English River Subprovince in an area. The Company's 194 km2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex. The Red Lake Extension Project consisting of approximately 10 claims (164 units, 3300 hectares (ha)) located in the northern part of the Red Lake Gold District. Its 322 km2 Atikokan Gold Project is approximately 23 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. The Company's Qaiqtuq Gold Project, which covers approximately 886 km2 with certain other rights covering an adjacent 683 km2, hosts a 10 km2 high grade gold boulder field. |
| Financial Overview |
| For the six months ended 31 December 2023, Solstice Gold Corp revenues was not reported. Net loss decreased 65% to C$644K. Lower net loss reflects Exploration expenditures decrease of 74% to C$319K (expense), Salaries decrease of 36% to C$167K (expense), Share-based compensation decrease of 50% to C$66K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $7.96M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$2.81M as of Dec 31, 2023 |
| Net annual income (TTM): | -$2.34M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$5.70M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 200,199,562 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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