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 |