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Aurex Energy Corp. (V:AURX)

Business Focus: Diversified Mining

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