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AsiaBaseMetals Inc. (V:ABZ)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 6153 Glendalough Pl
VANCOUVER BC V6N 1S5
Tel: N/A
Website: https://www.asiabasemetals.com
IR: See website
Key People
Rajinder Chowdhry
President, Chief Executive Officer, Director
Terrylene Penstock
Chief Financial Officer, Director
 
Business Overview
AsiaBaseMetals Inc. is a Canada-based exploration company focused on the exploration and development of metals. The Company is focused on advancing its acquisition targets in the Americas, Asia and Africa for base metals (copper), alkali metals (cobalt and lithium) and precious metals (gold and silver). The Gnome Project (Cobalt / Zinc), 100% owned by the Company, encompassing approximately 5,868 hectares (12 mineral claims) in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits, is located 35 kilometers southeast along trend from Teck Resources Limited and Korea Zinc's joint ventured Cirque deposit and 15 kilometers southeast from the Cardiac Creek deposit. It has applied for the exploration permit for the Thazi Mineral Claims (Thazi (Lithium) Project) from Myanmar's mining ministry. The Company has an option agreement to acquire properties, such as Paisano Gold, Cedar River, Robbins Lake and Moosetrack Lake.
Financial Overview
For the three months ended 31 December 2023, Asiabasemetals Inc revenues was not reported. Net loss increased from C$49K to C$108K. Higher net loss reflects Professional fees increase from C$3K to C$17K (expense), Regulatory and transfer agent fees increase from C$1K to C$2K (expense), Office, administration and miscellaneous increase of 2% to C$5K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.93M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.63M as of Dec 31, 2023
Net annual income (TTM): -$0.72M as of Dec 31, 2023
Free cash flow (TTM): -$0.05M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 49,402,871 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization