Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 510 - 1100 Melville Street 510 West Hastings Street VANCOUVER BC V6E 4A6 |
Tel: | N/A |
Website: | https://www.gglresourcescorp.com |
IR: | See website |
Key People | ||
David Kelsch President, Chief Operating Officer, Director | Douglas Eaton Chief Executive Officer, Director | Larry B. Donaldson Chief Financial Officer |
Business Overview |
GGL Resources Corp. is a Canada-based junior exploration company. The Company is focused on the exploration and advancement of under-evaluated mineral assets. The Company's projects include McConnell Copper- Gold, Gold Point, Diamond and Royalties projects. The McConnell Creek Project is located over 400 kilometers (km) northwest of Prince George and 22 km southeast of the Kemess open pit copper-gold mine in British Columbia. The property covers over 8,700 hectares of mineral claims. The Gold Point Project is located approximately 26 miles south of Goldfield, Nevada. Its Diamond projects include Stein, Zip, Bishop and Rhombus. The Company holds diamond royalties that are approximately two to 15 kilometers from the Gahcho Kue diamond mine in the Northwest Territories. The Providence Greenstone Belt (PGB) Project is located approximately 250 kilometers northeast of Yellowknife in the center of the Slave Craton. The Company's wholly owned subsidiary is Pointer Inc. |
Financial Overview |
For the three months ended 29 February 2024, GGL Resources Corp revenues was not reported. Net loss decreased 52% to C$65K. Lower net loss reflects Investor relations and shareholder infor decrease of 96% to C$1K (expense), Write-off of mineral property interests decrease from C$18K (expense) to C$0K, Foreign exchange gain (loss) decrease from C$3K (expense) to C$0K. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.42M as of Feb 29, 2024 |
Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
EBITDA (TTM): | -$0.39M as of Feb 29, 2024 |
Net annual income (TTM): | -$0.37M as of Feb 29, 2024 |
Free cash flow (TTM): | -$1.23M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 83,057,475 as of Apr 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |