Callinex Mines Inc. (V:CNX)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 1100-1199 West Hastings Street VANCOUVER BC V6E 3T5 |
| Tel: | N/A |
| Website: | https://callinex.ca |
| IR: | See website |
| Key People | ||
| Max Porterfield President, Chief Executive Officer, Director | Killian Ruby Chief Financial Officer | |
| Business Overview |
| Callinex Mines Inc. is a Canada-based company. The Company is advancing its portfolio of base and precious metals-rich deposits located in Canadian mining jurisdictions. The focus of the portfolio is the Rainbow and Alchemist deposits at its volcanogenic massive sulfide (VMS) Pine Bay Project located near existing infrastructure in the Flin Flon Mining District. Pine Bay hosts a high-grade copper, zinc gold and silver Rainbow deposit. The second asset in the portfolio is the Nash Creek Project located in the VMS-rich Bathurst Mining District of New Brunswick. The third asset, the 100% owned Point Leamington Deposit in Newfoundland, is located in the VMS and gold districts in Canada. It owns a 100% interest in the Gossan Gold Project and the Superjack Project. The Company's other properties include the Sneath Lake property, Coles Creek property, Fox River property, Moak Lake property, Herblet Lake property, Headway property, Headway North claim and the Island Lake properties. |
| Financial Overview |
| For the three months ended 31 December 2023, Callinex Mines Inc revenues was not reported. Net loss decreased 61% to C$137K. Lower net loss reflects Corporate development decrease of 40% to C$89K (expense), Office and administration decrease of 18% to C$55K (expense), Dep of Fin Lease Right-of-Use Assets decrease of 67% to C$3K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $22.49M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$2.84M as of Dec 31, 2023 |
| Net annual income (TTM): | -$1.06M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$8.67M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 17,520,185 as of Feb 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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