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Belmont Resources Inc. (V:BEA)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 800 West Pender Street
VANCOUVER BC V6C 2V6
Tel: N/A
Website: https://belmontresources.com
IR: See website
Key People
George Sookochoff
President, Chief Executive Officer, Director
Gary Musil
Chief Financial Officer, Corporate Secretary, Director
 
Business Overview
Belmont Resources Inc. is a Canada-based company. The Company is engaged in operating a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holding includes Athelstan-Jackpot (A-J), Crackingstone Uranium-Rare Earths, Come By Chance, Lone Star Copper-Gold, and Kibby Basin Lithium. A-J is the Company's two former gold mines. It is into 2,000m drilling to target new lode-gold deposit target in North Zone. The Crackingstone Uranium-Rare Earths Projects has met the criteria for potentially discovering a large Rare-Earth Elements (REE's) deposit with its high-grade uranium along with presence of thorium and pegmatite. The Come By Chance Project offers potential large copper-gold porphyry. The Kibby Basin Lithium project is located 60 kilometers north of the lithium rich Clayton Valley Basin.
Financial Overview
For the nine months ended 31 October 2023, Belmont Resources Inc revenues was not reported. Net loss decreased 7% to C$320K. Lower net loss reflects Gain (loss) on sale of securities decrease from C$41K (expense) to C$0K, Consulting fees decrease of 72% to C$12K (expense), Travel and promotion decrease of 86% to C$5K (expense).
Employees: 3 as of Jan 31, 2006
Reporting Currency: Canadian Dollars
Enterprise value: $2.79M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$0.47M as of Oct 31, 2023
Net annual income (TTM): -$0.51M as of Oct 31, 2023
Free cash flow (TTM): -$0.55M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 101,883,272 as of Mar 11, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization