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Benz Mining Corp. (V:BZ)

Business Focus: Gold (NEC)

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