Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Arena Minerals Inc. (V:AN)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1410 - 120 Adelaide St. W
TORONTO ON M5H 1T1
Tel: N/A
Website: arenaminerals.com
IR: See website
Key People
Eduardo Morales
Executive Chairman of the Board
William Randall
President, Chief Executive Officer, Director
Paul Kania
Chief Financial Officer
Business Overview
Arena Minerals Inc. is a Canada-based mineral exploration company. The Company is engaged in lithium and copper exploration and development Company with assets in in Argentina and Chile. The Company is into acquisition, exploration and development of properties located in South America. The Company owns the Antofalla lithium brine project in Argentina, consisting of four claims covering a total of approximately 6,000 hectares of the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation's Antofalla project. The Company has developed a brine processing technology using brine type reagents derived from the Antofalla project with the objective of producing battery grade lithium products. Arena also owns 80% of the Atacama Copper property consisting of two projects covering approximately 5,000 hectares within the Antofagasta region of Chile.
Financial Overview
For the six months ended 30 June 2021, ArenaMinerals Inc revenues was not reported. Net loss totaledC$873K vs. income of C$447K. Net loss reflects Unrealized(loss)gain on investments decrease from C$731K (income) toC$216K (expense), Foreign exchange (gain) increase fromC$288K (income) to C$138K (expense), Management andconsulting fees increase of 43% to C$179K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $122.31M as of Jun 30, 2021
Annual revenue (TTM): $0.00M as of Jun 30, 2021
EBITDA (TTM): -$2.37M as of Jun 30, 2021
Net annual income (TTM): -$1.37M as of Jun 30, 2021
Free cash flow (TTM): -$2.40M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 368,430,799 as of Oct 15, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization