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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
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 306, 1110 Hamilton Street
Vancouver BC V6B 2S2
Tel: N/A
IR: See website
Key People
Business Overview
Ameriwest Lithium Inc. is a Canada-based exploration company. It is engaged in the exploration and development of natural resource properties in Canada and the United States of America. Its projects include Railroad Valley property, Edwards Creek Valley, Deer Musk East lithium project, and Thompson Valley. The Railroad Valley property encompasses approximately 9,097 acres for a total of 462 placer claims and is located within the vicinity of Township 5 North, Range 55 East. The Edwards Creek Valley is a playa in a hydrologically closed basin in North Central Nevada containing approximately 1,243 contiguous claims totaling 22,200 acres. Deer Musk East lithium project is located in the prolific Clayton Valley, totaling 5,600 acres. Thompson Valley a totaling 2,859 acres. Additionally, Its resource portfolio of gold prospects include the ESN Project, located in White Pine County, Nevada, and the Koster Dam property, located in the Clinton Mining Division of British Columbia.
Financial Overview
For the three months ended 31 July 2022, Ameriwest Lithium Inc revenues was not reported. Net loss before extraordinary items increased from C$750K to C$2.3M. Higher net loss reflects Shareholder information and promotion increase from C$279K to C$1.9M (expense), Consulting fees increase of 52% to C$108K (expense), Travel and accommodation increase from C$9K to C$31K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $10.73M as of Jul 31, 2022
Annual revenue (TTM): $0.00M as of Jul 31, 2022
EBITDA (TTM): -$11.03M as of Jul 31, 2022
Net annual income (TTM): -$11.09M as of Jul 31, 2022
Free cash flow (TTM): -$12.19M as of Jul 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 59,170,789 as of Jul 31, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization