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Benton Resources Inc. (V:BEX)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 684 Squier St
THUNDER BAY ON P7B 4A8
Tel: N/A
Website: https://www.bentonresources.ca
IR: See website
Key People
N/A    
Business Overview
Benton Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties. Its property portfolio includes gold, silver, nickel, copper, and platinum group elements, as well as lithium and cesium assets. The Company's properties include Far Lake, Abernethy, Forester Lake Gold, Armit Lake, Hele, Thunder Bay North (TBN) and Escape Lake, Bark and Baril Lake West, Panama Gold and Saganaga Gold. The Abernethy Project is situated approximately 10 kilometers (kms) southwest of Kenora, Ontario. The property consists of over nine claims totaling over 67 units. It owns 100% interest in the Forester Lake project, which is located approximately 100km north of Pickle Lake, Ontario (ON) and approximately 25km southeast of GoldCorp's Musselwhite Gold Mine. It owns 100% interest in the TBN and Escape Lake deposits located around 50 km from the Company's office in Thunder Bay.
Financial Overview
For the six months ended 31 December 2023, Benton Resources Inc revenues was not reported. Net income totaled C$2.3M vs. loss of C$495K. Net income reflects G/L on Sale of Tangible & Intangible FA increase from C$385K to C$2.5M (income), Adjustment to fair value for fair value increase from C$642K (expense) to C$282K (income), Interest and investment income increase from C$25K to C$56K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $21.55M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.99M as of Dec 31, 2023
Net annual income (TTM): -$0.14M as of Dec 31, 2023
Free cash flow (TTM): -$4.36M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 173,131,787 as of Feb 6, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization