Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 166 Cougarstone Crescent SW CALGARY AB T3H 4Z5 |
Tel: | N/A |
Website: | https://banyangold.com |
IR: | See website |
Key People | ||
Tara M. Christie President, Chief Executive Officer, Director | David M. Rutt Chief Financial Officer, Corporate Secretary |
Business Overview |
Banyan Gold Corp. is a Canada-based exploration company. The Company is focused on two Yukon gold properties, the AurMac Gold Project and Hyland Gold Project. The Hyland Gold Project is located in the Watson Lake Mining District in the southeast Yukon, approximately 74 kilometers northeast from the town of Watson Lake within the traditional territory of the Kaska Dena Nation (Liard First Nation). It consists of approximately 927 active Yukon registered quartz mineral claims totaling over 18,620 hectares in area that is road accessible from Watson Lake. The AurMac Gold Project is located in the Mayo Mining district, approximately 56 kilometers northeast from the village of Mayo and 356 kilometers north of Whitehorse, within the traditional territory of the First Nation of Na-Cho Nyak Dun. The project consists of approximately 506 active Yukon registered quartz mineral claims totaling over 9,230 hectares. |
Financial Overview |
For the three months ended 31 December 2023, Banyan Gold Corp revenues was not reported. Net loss increased from C$478K to C$1.1M. Higher net loss reflects Stock-based compensation increase from C$0K to C$712K (expense), Management fees increase of 17% to C$465K (expense), Professional fees increase of 37% to C$76K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $91.50M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.72M as of Dec 31, 2023 |
Net annual income (TTM): | -$0.27M as of Dec 31, 2023 |
Free cash flow (TTM): | -$12.17M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 286,123,649 as of Jan 23, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |