Group Eleven Resources
Financials
Estimates*
| CAD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| EBITDA | (2.5m) | (3.7m) | (3.0m) | (1.9m) | (1.9m) | (2.5m) | (2.6m) |
| Profit | (2.4m) | (3.4m) | (2.8m) | (1.9m) | (2.0m) | (2.4m) | (2.5m) |
| EV / EBITDA | -3.7x | -1.4x | -1.2x | -4.7x | -7.4x | -3.7x | -12.4x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | $400k | Seed | |
| N/A | $560k | Early VC | |
| N/A | N/A | IPO | |
CAD750k | Post IPO Equity | ||
| N/A | $1.5m | Post IPO Equity | |
* | N/A | CAD1.5m | Post IPO Equity |
* | N/A | CAD3.0m | Private Placement non VC |
| Total Funding | €873k | ||
Related Content
Recent News about Group Eleven Resources
EditGroup Eleven Resources Corp. is a mineral exploration company specializing in advanced stage zinc exploration projects in Ireland. The company is publicly traded on the TSX Venture Exchange under the symbol ZNG and on the OTCQB under the symbol GRLVF. Group Eleven has assembled the largest zinc ground position in Ireland, focusing on leveraging new geological approaches and geophysical technology to systematically rethink key aspects of the Irish zinc district. The company's core projects include a 60% interest in the Ballinalack project and the Stonepark PG West Project, which has been identified as its primary focus. Group Eleven aims to discover Ireland's next major zinc deposit, serving investors and stakeholders interested in the mining and mineral exploration sector. The business model revolves around acquiring, exploring, and developing mineral properties, with revenue generated through the discovery and potential sale or partnership of these assets.
Keywords: zinc exploration, Ireland, TSX Venture, OTCQB, geological approach, geophysical technology, Ballinalack project, Stonepark PG West, mineral exploration, advanced stage.