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Radio Fuels Energy Corp. (C:CAKE)

Business Focus: Uranium Mining

Sector:  Energy Industry:  Uranium
 
Company Contact
Address: 217 Queen Street West, Suite 401
TORONTO ON M5V 0R2
Tel: N/A
Website: N/A
IR: N/A
Key People
Cejay Kim
President, Chief Executive Officer, Director
   
Business Overview
Radio Fuels Energy Corp. is a Canada-based junior natural resource company focused on providing exposure to uranium and other commodities through the investment, acquisition, exploration and development of projects and companies. The Company's projects include Eco Ridge and Algoma. The Company owns a 100% interest in 298 mineral licenses and has a leasehold interest in 18 mineral license claims located in Elliott Lake, Ontario. The Company owns a 100% interest in 16 mineral licenses located in Bouck and Buckles Township, Ontario. The Algoma Property comprises 25 contiguous patented mining claims covering approximately 400 hectares. The Property is located on the southern limb of the Quirk Lake Syncline.
Financial Overview
For the three months ended 29 February 2024, Radio Fuels Energy Corp revenues was not reported. Net loss increased from C$616K to C$4.1M. Higher net loss reflects Unrealized (loss) on marketable securiti increase from C$655K to C$4M (expense), G/L on Invest HFS, Maturity & Trading decrease from C$120K (income) to C$23K (expense), Salaries and consulting increase of 39% to C$138K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Feb 29, 2024
EBITDA (TTM): -$0.67M as of Feb 29, 2024
Net annual income (TTM): -$23.97M as of Feb 29, 2024
Free cash flow (TTM): -$0.28M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 138,488,285 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization