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.

Atco Mining Inc. (C:ATCM)

Business Focus: Mining Support Services

Sector:  Basic Materials Industry:  Mining Support Services & Equipment
 
Company Contact
Address: 2200 - 885 West Georgia Street
VANCOUVER BC V6C 3E8
Tel: N/A
Website: https://www.atcomining.com/index.php
IR: See website
Key People
Alexander Klenman
Chief Executive Officer, Director
Christopher Cooper
Chief Financial Officer, Corporate Secretary, Director
 
Business Overview
Atco Mining Inc. is a Canada-based junior exploration mining company. The Company is focused on exploring for green energy metals throughout Canada. The Company is also exploring for sulphide-rich volcanic-hosted massive sulfide (VHMS) deposits in Saskatchewan as well as salt opportunities in Western Newfoundland. Its projects include May Lake Property, Blue Moon South Project, Lunar North Project, Apollo Project, Eagle Salt Project, Adonis Salt Project, Rocky Salt Project, Highland Salt Project and Flat Bay Project. The May Lake Property comprises approximately 5,487 hectares within the northern parts of the LaRonge Greenstone Belt, north-central Saskatchewan. Its Blue Moon South Project, which consists of nine claim blocks totaling 225 hectares which are located southwest of the Lunar North Project claim boundary. Its Lunar North project, which consists of 16 claims, totaling 400 hectares. The Apollo Project consists of over 93 mining claims that total 2,325 hectares.
Financial Overview
For the nine months ended 30 September 2023, Atco Mining Inc revenues was not reported. Net loss increased from C$59K to C$4M. Higher net loss reflects Professional fees increase from C$24K to C$50K (expense), Filing fees increase of 86% to C$44K (expense), Management fees increase from C$2K to C$7K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.12.
Reporting Currency: Canadian Dollars
Enterprise value: $1.96M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$4.58M as of Sep 30, 2023
Net annual income (TTM): -$4.59M as of Sep 30, 2023
Free cash flow (TTM): -$2.20M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 52,604,125 as of Feb 21, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization