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Arctic Fox Lithium Corp. (C:AFX)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 905 - 1030 West Georgia Street, Null
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: https://www.arcticfoxlithium.com
IR: See website
Key People
Harry Chew
President, Chief Executive Officer, Director
Sonny Chew
Chief Financial Officer, Company Secretary, Director
 
Business Overview
Arctic Fox Lithium Corp. is a junior mineral exploration company. The Company is focused on the acquisition and development of mineral properties containing battery, base and precious metals. The Company's projects include Kana Lake Lithium, Pontax North Lithium, Delta Lake Lithium and Spius Copper Property. The 5,716-hectare Kana Lake Lithium Project is located 35 kilometers (km) north of the Fliszar lithium showing in the James Bay Region of Quebec. The 2,756-hectare Pontax North Lithium Project consists of 52 active mineral claims and is located 12 kms south of Galaxy Resources Ltd. The Company's 1,056-hectare Delta Lake Lithium project is located 55 km southeast of Allkem's James Bay Lithium Project and 20 km north of Critical Elements Lithium Corp. The Spius Copper Property is located in British Columbia's Quesnellia Terrane, host to numerous significant porphyry deposits including Highland Valley, Copper Mountain, Prosperity, Afton, Ajax, Gibraltar, Mt Polley and Mt Milligan.
Financial Overview
For the six months ended 31 December 2023, Arctic Fox Lithium Corp revenues was not reported. Net loss increased from C$78K to C$379K. Higher net loss reflects Professional fees increase from C$25K to C$125K (expense), Travel and promotion increase from C$7K to C$78K (expense), Management fees increase of 100% to C$36K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $0.67M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$1.05M as of Dec 31, 2023
Net annual income (TTM): -$3.78M as of Dec 31, 2023
Free cash flow (TTM): -$1.47M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 61,715,714 as of Apr 5, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization