Cantex Mine Development Corp. (V:CD)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 203 - 1634 Harvey Avenue KELOWNA BC V1Y 6G2 |
| Tel: | N/A |
| Website: | https://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's principal business activity is the acquisition and exploration of mineral properties for commercial mineral deposits. The Company's primary project is located approximately 100 kilometers northeast of Mayo, Yukon Territory, Canada. The Company has approximately 1,075 claims covering over 21,500 hectares in the Yukon. The Company has a 100% interest in four groups of gold exploration claims comprising of approximately 86 claims. The Company has two projects in Yemen: Al Hariqah (Gold) and Al Masna (Nickel, Copper, Cobalt). The Company owns 60% interest in the Al Hariqah (Gold) project. The Al Hariqah is a gold deposit is located approximately 130 kilometers (km) northwest of Sana'a Yemen. The Al Masna'a nickel, copper, cobalt project is located in the Saadah region approximately 205 km north-northwest of the capital city, Sana'a, and 25 km south of the border with Saudi Arabia. |
| Financial Overview |
| For the six months ended 31 January 2024, Cantex Mine Development Corp. revenues was not reported. Net loss decreased 47% to C$2.2M. Lower net loss reflects Exploration expenditures decrease of 50% to C$2.1M (expense), Flow through premium recovery increase of 45% to C$227K (income), Interest Income increase of 25% to C$35K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.05 to -C$0.02. |
| Employees: | 235 as of Mar 31, 2005 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $18.20M as of Jan 31, 2024 |
| Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
| EBITDA (TTM): | -$3.38M as of Jan 31, 2024 |
| Net annual income (TTM): | -$3.29M as of Jan 31, 2024 |
| Free cash flow (TTM): | -$4.17M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 114,218,967 as of Feb 12, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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