Avarone Metals Inc. (C:AVM.X)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | Suite 610, 700 West Pender Street VANCOUVER BC V6C 1G8 |
| Tel: | N/A |
| Website: | avarone.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Avarone Metals Inc. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and development of precious metals and energy-based resource properties. The Company is in the process of searching for resource properties to explore and has not identified any properties that contain established mineral reserves. The Company does not generate any revenue from its exploration properties. |
| Financial Overview |
| For the six months ended 31 January 2024, Avarone Metals Inc revenues was not reported. Net loss increased 13% to C$104K. Higher net loss reflects Other income decrease of 46% to C$28K (income), Interest Expense on promissory notes increase of 75% to C$19K (expense), Office costs increase from C$0K to C$2K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3.12M as of Jan 31, 2024 |
| Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
| EBITDA (TTM): | -$0.16M as of Jan 31, 2024 |
| Net annual income (TTM): | -$0.17M as of Jan 31, 2024 |
| Free cash flow (TTM): | $0.02M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | $0.40M as of Jan 31, 2024 |
| Shares outstanding: | 91,414,661 as of Jan 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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