Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Canadian Metals Inc. (C:CME)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 2700 - 1000 Sherbrooke Street West
MONTREAL QC H3A 3G4
Tel: N/A
Website: https://canadian-metals.com
IR: See website
Key People
Quentin Yarie
Chairman of the Board
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 diversified resource company focused on the development of large-scale mineral deposits in specific commodities and safe jurisdictions. The Company holds 28,822 hectares of land in New Brunswick, Canada, the projects are within and bordering the prolific Bathurst Mining Camp (BMC). The properties cover a range of geological target types including structurally controlled gold, porphyry copper-gold-molybdenum, and skarn lead-zinc-copper-silver mineralization. The Company's projects include Goldstrike Property, Nicholas Denys Property, Sedex Property, Mountain Brook Property, and Oxford Property. Its Goldstrike Property comprises 6 contiguous mineral claims. The Nicholas Denys Property is located near Bathurst and comprises 356 units held in two contiguous mineral claims encompassing 7,591 hectares (75.9 square kilometers (KM2)). Its Mountain Brook Property comprises a total of 139 claim units covering approximately 3,048 hectares.
Financial Overview
For the six months ended 31 January 2024, Canadian Metals Inc revenues was not reported. Net loss applicable to common stockholders decreased 5% to C$288K. Lower net loss reflects Management and consulting fees decrease of 39% to C$114K (expense), Registration, listing fees and sharehold decrease of 52% to C$6K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $1.87M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$0.42M as of Jan 31, 2024
Net annual income (TTM): -$0.59M as of Jan 31, 2024
Free cash flow (TTM): -$2.32M as of Jan 31, 2024
Net Debt Last Fiscal Year: $0.39M as of Jan 31, 2024
Shares outstanding: 31,224,204 as of Apr 22, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization