Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 2366 Avenue C N Suite 260 SASKATOON SK S7L 5X5 |
Tel: | N/A |
Website: | https://aurexenergy.ca |
IR: | See website |
Key People | ||
Gary L. Billingsley President, Chief Executive Officer, Director | Karen Frisky Chief Financial Officer |
Business Overview |
Aurex Energy Corp. is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of a diversified portfolio of resource properties that includes natural gas, base metals, and gold. It operates natural gas reserves in the Barnett Shale, Texas, and is exploring and developing four mineral projects in two mining jurisdictions, Nevada, United States of America and Saskatchewan, Canada. The Company's projects include the Cook Gold Project and Craig Lake Project. In the Cook Gold Project, the Company owns a 70% working interest in 88 lode claims, covering 7.4 square kilometers (sq km), located 100 kilometers (km) northwest of Winnemucca, in Humboldt County, Nevada. The property provides gold and copper mineralization. It owns a 100% working interest, subject to a 3% net smelter returns royalty, in one mineral disposition covering 2,764 hectares near Craig Lake, Saskatchewan near Flin Flon, Manitoba. |
Financial Overview |
For the fiscal year ended 31 December 2020, Aurex Energy Corp revenues was not reported. Net loss decreased 89% to C$203K. Lower net loss reflects (Recovery) impairment of exploration ass decrease from C$835K (expense) to C$447K (income), Marketing and promotion decrease of 96% to C$8K (expense), Professional Fees decrease of 52% to C$158K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1.87M as of Dec 31, 2020 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2020 |
EBITDA (TTM): | -$0.47M as of Dec 31, 2020 |
Net annual income (TTM): | -$0.20M as of Dec 31, 2020 |
Free cash flow (TTM): | -$0.19M as of Dec 31, 2020 |
Net Debt Last Fiscal Year: | $0.60M as of Dec 31, 2020 |
Shares outstanding: | 23,940,548 as of Jan 17, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |