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Thunder Gold Corp. (V:TGOL)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 684 Squier Street
THUNDER BAY ON P7B 4A8
Tel: N/A
Website: https://www.whitemetalres.com
IR: See website
Key People
Wesley C. Hanson
President, Chief Executive Officer, Director
David G. Speck
Chief Financial Officer
 
Business Overview
Thunder Gold Corp. is a Canada-based junior exploration company focused on gold discovery. The Company's Tower Mountain Gold Property is located five kilometers (km) off the Trans-Canada highway, 50 km west of Thunder Bay, Ontario. The property consists of unpatented and patented land totaling 2,533 hectares. Its PEN gold property (PEN) property is located over 275 km northeast of Thunder Bay, Ontario. PEN is a greenfield exploration opportunity located four kms North of Equinox's Greenstone Project. Its Seagull PGE Property (Seagull) consists of 349 single cell mining claims, totaling 7,370 hectares. Seagull is located north of Lake Superior within Mesoproterozoic rocks of the Southern Province of the Canadian Shield. Its other property includes Dor-Wit, Okohongo, Far Lake, Seagull Lake, Shebandowan and Startrek. The Company's Startrek Gold Property, totaling 6,847 hectares, is situated in the Central Newfoundland Gold Belt, interpreted to host high-grade, orogenic gold deposits.
Financial Overview
For the nine months ended 31 January 2024, Thunder Gold Corp revenues was not reported. Net loss totaled C$499K vs. income of C$566K. Net loss reflects Gain on disposition of subsidiaries decrease from C$1.9M (income) to C$0K, Gain on disposition of exploration and e decrease of 74% to C$65K (income), Write-off of exploration and evaluation increase from C$0K to C$118K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.37M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$0.61M as of Jan 31, 2024
Net annual income (TTM): -$0.61M as of Jan 31, 2024
Free cash flow (TTM): -$2.18M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 173,300,818 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization