Altair Resources Inc. (V:AVX)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | #1305 - 1090 West Georgia Street VANCOUVER BC V6E 3V7 |
| Tel: | 1-604-3541727 |
| Website: | https://www.altairresources.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Altair Resources Inc. is a Canada-based gold and precious metal exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties, with a primary focus on gold and silver. It is focused on targeting the acquisition and development of gold projects in Burkina Faso and advancing with its Simon project in Nevada. Burkina Faso is focused on gold production and gold exploration. The Company holds 90% ownership and 10% Burkina Faso Government ownership for an open pit, approximately three deposit, gold exploration project. The three deposits are located in the southwest of the Burkina Faso and approximately 35 kilometers (km) from Centamin's Konkera project. |
| Financial Overview |
| For the nine months ended 31 December 2023, Altair Resources Inc revenues was not reported. Net loss decreased 38% to C$306K. Lower net loss reflects Foreign exchange increase from C$39K (expense) to C$13K (income), Consulting decrease of 50% to C$36K (expense), Director and officer compensation decrease of 17% to C$153K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $0.32M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$0.40M as of Dec 31, 2023 |
| Net annual income (TTM): | -$0.43M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.06M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $0.12M as of Dec 31, 2023 |
| Shares outstanding: | 56,671,624 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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