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FY2017 Annual Report: Savary Gold reports Loss of CAD476,324 ($US379,061) Corporate Wire Date: 20 November 2018 03:34 EST

Nov 20, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

Savary Gold (TSXV:SCA) reported a loss for the year-ended 31 December 2017 of CAD476,324 ($US379,061).

Highlights

- Working capital to total assets of 6.5%

- Operating Cash Flow is negative

- Current ratio of 3.6

- Losses in all of the last 5 years

- Loss CAD476,324 ($US379,061)

Annual Report:2017

Performance Ratios

Currency Conversion (December 31, 2017): $US1 = CAD1.26

Savary Gold Corp is a Canadian exploration ...