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Arctic Star Exploration Corp. (V:ADD)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 1111 Melville St Suite 1100
Tel: N/A
IR: See website
Key People
Business Overview
Arctic Star Exploration Corp is a Canada-based natural resource company. The Company is engaged in the acquisition, exploration and development of mineral properties. The Company owns interest in Timantti Diamond Project. The Timantti Diamond project is located on the same geological belt of rock approximately 450 kilometers south east of the operating Grib Diamond Mine in Russia. The Company also controls diamond exploration properties in Nunavut Stein, the Diagras and Redemption project and a rare metals project in British Colombia. The Diagras Property consists of approximately 23 contiguous claims staked by the Company, with an area of more than 18,600 hectares. The Stein property is a drill ready diamond exploration project. There are approximately 6 drill ready targets with only 3 meters of overburden. The Cap Property is comprised of a number of claims which are situated within the central parts of the Rocky Mountain Rare Earths and Metal Belt.
Financial Overview
For the nine months ended 30 September 2019, Arctic Star Exploration Corp revenues was not reported. Net loss decreased 1% to C$1.3M. Lower net loss reflects Consulting fees decrease of 43% to C$447K (expense), Travel decrease of 61% to C$48K (expense), Public Relations decrease of 64% to C$33K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.07 to -C$0.06.
Reporting Currency: Canadian Dollars
Enterprise value: $1.10M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$1.85M as of Sep 30, 2019
Net annual income (TTM): -$3.03M as of Sep 30, 2019
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 44,730,854 as of Mar 10, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization