Scorpio Gold Corporation (V:SGN)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 800 West Pender Street, Suite 910 VANCOUVER BC V6C 2V6 |
| Tel: | N/A |
| Website: | https://scorpiogold.com |
| IR: | See website |
| Key People | ||
| Zayn Kalyan Chief Executive Officer, Director | Chris Richards Chief Financial Officer | Chris Zerga Chief Operating Officer, Director | Diane Zerga General Manager |
| Business Overview |
| Scorpio Gold Corporation is a Canada-based company, which conducts mineral exploitation, exploration, and development activities in the United States. The Company holds a 100% interest in the consolidated Manhattan District in Nevada comprising the advanced exploration-stage Goldwedge property in Manhattan, Nevada with a fully permitted underground mine and a 400 ton per day mill facility. The 100% owned Goldwedge property is located 54 kilometers (km) north-northeast of the town of Tonopah within the Manhattan Mining District of south-central Nevada. The 726-hectare (1,795 acre) property covers three separate claim blocks and encompasses the Goldwedge, Keystone and Jumbo gold deposits. It also holds a 100% interest in the Manhattan Property situated adjacent and proximal to the Goldwedge property. The 5,617 hectare (13,879 acre) Mineral Ridge property is located approximately six km northwest of the town of Silver ePeak and 56 km southwest of Tonopah in Esmeralda County, Nevada. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Scorpio Gold Corp revenues was not reported. Net loss increased 3% to $2.3M. Higher net loss reflects FV/Uls Adjust on Derivatives for Hedging decrease from $315K (income) to $89K (expense), Other Non Operating I/E increase from $68K to $262K (expense), Interest on convertible debentures increase of 5% to $493K (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $23.37M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$2.60M as of Dec 31, 2023 |
| Net annual income (TTM): | -$3.09M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$2.06M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $5.68M as of Dec 31, 2023 |
| Shares outstanding: | 86,327,017 as of Apr 17, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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