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Canadian Metals Inc. (C:CME)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 866 3e Avenue
Tel: N/A
IR: See website
Key People
Stephane Leblanc
President, Chief Executive Officer
Patsie Ducharme
Chief Financial Officer, Senior Vice President - Finance
Beat Frei
Vice President - Development and Project Finance
Business Overview
Canadian Metals Inc. is a Canada-based exploration and development company. The Company specializes in the acquisition, exploration, evaluation and development of mineral properties in Quebec and New Brunswick. Its projects include Nicholas-Denis and Oxford Brook Property, Colline Tortue Property, La Chesnaye Lake Silica Property, Brunswick Black Shale Property, TV Tower Property, Mountain Brook Property and others. Its 100% owned Nicholas-Denys Property is located in north-eastern New Brunswick, approximately 25 kilometers (km) northeast of the City of Bathurst. Its Colline Tortue Property consists of 10 designated claims (CDCs) covering a total area of approximately 569.08 hectares (ha) located in the Matapedia region of the Gaspe peninsula of Quebec. Its La Chesnaye Lake Silica Property is located approximately 11 km north of Baie-Comeau, in the province of Quebec, Canada. The property covers a total area of approximately 448 ha and comprises of 10 claims.
Financial Overview
For the nine months ended 30 April 2022, Canadian Metals Inc revenues was not reported. Net loss increased from C$277K to C$914K. Higher net loss reflects Gain on exchange of convertible debentur decrease from C$356K (income) to C$0K, Management and consulting fees increase of 74% to C$383K (expense), Registration, listing fees and sharehold increase from C$20K to C$45K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.19M as of Apr 30, 2022
Annual revenue (TTM): $0.00M as of Apr 30, 2022
EBITDA (TTM): -$1.26M as of Apr 30, 2022
Net annual income (TTM): -$1.59M as of Apr 30, 2022
Free cash flow (TTM): -$1.56M as of Apr 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 73,809,794 as of Apr 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization