Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | Suite 1480, 885 West, Georgia Street VANCOUVER BC V6C 3E8 |
Tel: | N/A |
Website: | https://lithoquest.com |
IR: | See website |
Key People | ||
Bruce Counts President, Chief Executive Officer, Director | Dwight Walker Chief Financial Officer, Company Secretary |
Business Overview |
Storm Exploration Inc. is a Canada-based mineral exploration company. The Company is focused on advancing four district-scale projects in northwest Ontario, Canada. It covers approximately 46,000 hectares (ha) of prospective geology. The Company's project includes Miminiska, Keezhik, Attwood, and Gold Standard. The Miminiska Project is located in north-western Ontario approximately 350 kilometers (km) north of the city of Thunder Bay. The property comprises 52 patented mineral claims and 278 mineral claim cells covering 5,494 ha and is accessible by floatplane. The Gold Standard Project is located in north-western Ontario approximately 65 km north of the city of Fort Frances. The Keezhik Project is located approximately 380 km north of the city of Thunder Bay and comprises 570 mineral claim cells covering 12,482 ha and is accessible by float plane. The Attwood Project is located in north-western Ontario approximately 320 km north of the city of Thunder Bay. |
Financial Overview |
For the nine months ended 31 December 2023, Storm Exploration Inc revenues was not reported. Net loss decreased 61% to C$902K. Lower net loss reflects Exploration and evaluation decrease of 82% to C$240K (expense), Share-based payments decrease from C$331K (expense) to C$0K, Marketing and corporate development decrease of 20% to C$277K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1.46M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.31M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.29M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.19M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 41,632,685 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |