Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 147 avenue Quebec ROUYN-NORANDA QC J9X 6M8 |
Tel: | N/A |
Website: | www.visiblegoldmines.com |
IR: | See website |
Key People | ||
Martin Dallaire President, Chief Executive Officer, Director | Sylvain Champagne Chief Financial Officer, Secretary, Director |
Business Overview |
Visible Gold Mines Inc. is a Canada-based company engaged in exploring for major gold deposits in northwestern Quebec. The Company is involved in the acquisition and exploration of mineral properties with prospects for hosting gold and lithium mineral deposits. Its properties include Piko Property, Veronik Property, Horsefly Property, Doda Project, Doda Doverclif Project, Phooey Lake Project, MagaLi Project, NataLi Project, and CarLi Project. The Piko property is located approximately 10 kilometers (km) east of Magneto Investments' Dumont Nickel project. The Veronik gold property is located about 75 km southeast of Hecla's Casa Berardi gold mine. The Horsefly property is located in the Druillettes and Gradis townships, approximately 50 km south of the town of Chapais in the province of Quebec. The Doda property is located approximately 40 km south of the town of Chapais in the province of Quebec. The Doda Dovercliff property is located in the region of Rouyn-Noranda, Quebec. |
Financial Overview |
For the six months ended 31 January 2024, Visible Gold Mines Inc revenues was not reported. Net loss decreased 23% to C$94K. Lower net loss reflects Gain sur disposition dune propriété mini increase from C$55K to C$134K (income), Frais de bureau et frais généraux decrease of 3% to C$19K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.58M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
EBITDA (TTM): | -$0.37M as of Jan 31, 2024 |
Net annual income (TTM): | -$0.87M as of Jan 31, 2024 |
Free cash flow (TTM): | -$0.34M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | $0.05M as of Jan 31, 2024 |
Shares outstanding: | 35,155,164 as of Jan 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |