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Azimut Exploration Inc. (V:AZM)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 110 de la Barre St Bureau 214
LONGUEUIL QC J4K 1A3
Tel: 1-450-6463045
Website: www.azimut-exploration.com
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 approximately 12 gold properties in the Opinaca area (Opinaca A, Opinaca B, Eleonore South, Valore, SOQUEM JV, Dalmas, Galinee, SOQUEM Alliance, Wabamisk, SOQUEM Alliance-Others, Kaanaaya and Opinaca D); one chromium-platinum group element (PGE) property; one zinc property (Cawachaga), and one polymetallic property (Elmer).
Financial Overview
For the fiscal year ended 31 August 2019, Azimut Exploration Inc. revenues was not reported. Net loss increased from C$19K to C$956K. Higher net loss reflects Write-off and write-down of mining prope increase from C$28K to C$921K (expense), Change in fair value - investments increase from C$40K (income) to C$36K (expense), Professional and maintenance fees increase of 80% to C$124K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $79.61M as of Aug 31, 2019
Annual revenue (TTM): $0.00M as of Aug 31, 2019
EBITDA (TTM): -$0.50M as of Aug 31, 2019
Net annual income (TTM): -$0.96M as of Aug 31, 2019
Free cash flow (TTM): -$5.90M as of Aug 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 58,575,726 as of Dec 23, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization