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Cantex Mine Development Corp. (V:CD)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 203-1634 Harvey Avenue
KELOWNA BC V1Y 6G2
Tel: N/A
Website: cantex.ca
IR: See website
Key People
Charles E. Fipke
Chairman of the Board
Chad S. Ulansky
President, Chief Executive Officer, Director
Jennifer Lee Irons
Chief Financial Officer
Business Overview
Cantex Mine Development Corp. is a Canada-based exploration-stage company. The Company is engaged in the exploration and development of mineral properties for commercial mineral deposits. The Company's primary project is located in the northwestern part of the Republic of Yemen where it owns exploration licenses over a 1,583 square kilometer area. The Company has staked 10 claim blocks covering approximately 30,000 hectares in the Yukon, Canada. The Company also has interest in six groups of gold exploration claims, which consist of 140 claims over 1,171 hectares in Nevada, the United States. The Company's Al Hariqah gold deposit is located over 130 kilometers northwest of Sana'a. The Al Masna'a nickel, copper, cobalt project is located in the Saadah region over 205 kilometers north-northwest of the capital city, Sana'a, and 25 kilometers south of the border with Saudi Arabia.
Financial Overview
For the nine months ended 30 April 2021, Cantex MineDevelopment Corp. revenues was not reported. Net lossdecreased 22% to C$6M. Lower net loss reflects Explorationexpenditures decrease of 19% to C$5.9M (expense), Dep ofFin Lease Right-of-Use Assets decrease of 64% to C$139K(expense), Stock-based compensation decrease from C$105K(expense) to C$0K. Basic Earnings per Share excludingExtraordinary Items increased from -C$0.16 to -C$0.12.
Employees: 235 as of Mar 31, 2005
Reporting Currency: Canadian Dollars
Enterprise value: $20.07M as of Apr 30, 2021
Annual revenue (TTM): $0.00M as of Apr 30, 2021
EBITDA (TTM): -$7.30M as of Apr 30, 2021
Net annual income (TTM): $2.27M as of Apr 30, 2021
Free cash flow (TTM): -$7.37M as of Apr 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 56,226,868 as of Jul 14, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization