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Ameriwest Lithium Inc. (C:ALI)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: Suite 306, 1110 Hamilton Street
Vancouver BC V6B 2S2
Tel: N/A
Website: https://ameriwestlithium.com
IR: See website
Key People
N/A    
Business Overview
Ameriwest Lithium Inc. is a Canada-based exploration company. The Company's principal business activity is the exploration of mineral properties in Nevada and Arizona. It owns or controls several exploration-stage lithium properties, including Deer Musk Project, the Railroad Valley Project, the Edwards Creek Valley Project, and the Thompson Valley Project. The Deer Musk Project consists of 371 unpatented placer claims totaling an approximate area of 2,274 hectares (7,378 acres). The Thompson Valley Project is located in west-central Arizona, United States of America (U.S.A). The property is situated in Yavapai County along the Kirkland Creek drainage between the towns of Kirkland to the southeast and Hillside to the southwest along County Road 15. Its Project mineral rights consist of a combination of State of Arizona (State) and U.S. Federal, totaling 6,881.26 acres (ac) or 2,784.75 hectares (ha).
Financial Overview
For the six months ended 31 October 2023, Ameriwest Lithium Inc revenues was not reported. Net loss before extraordinary items decreased 69% to C$1M. Lower net loss reflects Shareholder information and promotion decrease of 68% to C$787K (expense), Consulting fees decrease of 75% to C$59K (expense), Legal fees decrease of 68% to C$65K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.34 to -C$0.17.
Reporting Currency: Canadian Dollars
Enterprise value: $2.43M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$2.00M as of Oct 31, 2023
Net annual income (TTM): -$1.91M as of Oct 31, 2023
Free cash flow (TTM): -$3.06M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 12,390,691 as of Dec 7, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization