Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 401 Bay Street, Suite 2100, PO Box 55 TORONTO ON M5H 2Y4 |
Tel: | N/A |
Website: | https://benzmining.com |
IR: | See website |
Key People | ||
Evan Alexander George Cranston Executive Chairman of the Board, Interim Chief Executive Officer | Simon Sharp Chief Financial Officer | Danielle Giovenazzo Vice President - Exploration | Mark Lynch-Staunton Chief Development Officer |
Business Overview |
Benz Mining Corp. is a Canada-based focused gold exploration company. The Company is involved in the acquisition, exploration and exploitation of mineral properties located in the Americas. The Company's projects include Eastmain Gold, Ruby Hill West Lithium and Windy Mountain. The Eastmain gold project is located in the Upper Eastmain Greenstone belt, 320 kilometers (km) northwest of Chibougamau and 800 km north of Montreal. The property covers 8,000 hectares (ha), consists of 152 mineral claims and one industrial lease permit. The Ruby Hill West Lithium project is a surface occurrence of spodumene bearing pegmatite within the Ruby Hill West project, located 50 km due west of Benz Mining's Eastmain exploration camp. The Company owns 78 claims on the Windy Mountain property, covering 4,109.7 hectares (41.10 square kilometers). |
Financial Overview |
For the nine months ended 31 January 2024, Benz Mining Corp revenues was not reported. Net loss increased 21% to C$3.1M. Higher net loss reflects Exploration and evaluation costs increase of 80% to C$4.2M (expense), Foreign exchange decrease from C$132K (income) to C$62K (expense), Share-based payments increase from C$0K to C$116K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $15.15M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
EBITDA (TTM): | -$8.68M as of Jan 31, 2024 |
Net annual income (TTM): | -$5.33M as of Jan 31, 2024 |
Free cash flow (TTM): | -$10.01M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 169,138,794 as of Jan 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |