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FY2017 Annual Report: Jubilee Gold Exploration Revenue up 209% Corporate Wire Date: 20 November 2018 02:35 EST

Nov 20, 2018 - News Bites Canadian Markets


Jubilee Gold Exploration (TSXV:JUB) reported total revenue for the year-ended 31 December 2017 of CAD342,466 ($US272,536), up 209% from CAD110,828 ($US82,498) in the previous year.

Major changes compared with previous year:

Favourable Changes:

- Total current assets to Total Assets up from 5% to 6%

- Long-term investments to Total Assets up from 14% to 16%

- Retained earnings to total assets up from 0.5% to 0.6%

Unfavourable Changes:

- Operating Cash Flow is negat...