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Azimut Exploration Inc. (V:AZM)

Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 110 de la Barre St Bureau 214
Tel: 1-450-6463045
IR: See website
Key People
Dennis Wood
Independent Chairman of the Board
Jean-Marc Lulin
President, Chief Executive Officer, Director
Moniroth Lim
Chief Financial Officer, Secretary
Business Overview
Azimut Exploration Inc is a Canada-based mineral exploration company. The Company is specialized in project generation. The Company holds gold and base metal portfolio in the mining province of Quebec, Canada. Its properties include in Nunavik and James Bay regions. In the Nunavik region, Northern Quebec, the Company holds five polymetallic properties (Rex, Duquet, Rex South, NCG, Qassituq); one gold property (Nantais), and one uranium property (North Rae). In the James Bay region, the Company has four gold properties in the Opinaca area (Opinaca A, Opinaca B, Eleonore South and Opinaca D); one gold property in the Eastmain River area (Wabamisk), and one chromium-platinum group element (PGE) property in the Eastmain River area (Eastmain West). Its Eastmain West property, which consists of 32 claims, is located near the Eastmain River, approximately 25 kilometers south of the Clearwater gold deposit.
Financial Overview
For the nine months ended 31 May 2019, Azimut Exploration Inc. revenues was not reported. Net loss applicable to common stockholders increased from C$20K to C$242K. Higher net loss reflects Change in fair value - investments increase from C$84K (income) to C$35K (expense), Professional and maintenance fees increase from C$21K to C$74K (expense), Selling/General/Admin Expens increase from C$8K to C$27K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $17.50M as of May 31, 2019
Annual revenue (TTM): $0.00M as of May 31, 2019
EBITDA (TTM): -$0.55M as of May 31, 2019
Net annual income (TTM): -$0.24M as of May 31, 2019
Free cash flow (TTM): -$5.08M as of May 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 53,300,649 as of May 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization