Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 55 University Avenue, Suite 1805 TORONTO ON M5J 2H7 |
Tel: | N/A |
Website: | https://www.conquestresources.com |
IR: | See website |
Key People | ||
Thomas Obradovich President, Chief Executive Officer, Director | Tong Yin Chief Financial Officer |
Business Overview |
Conquest Resources Limited is a mineral exploration company. The Company is engaged in the exploration for base metals and gold on mineral properties in Ontario. The Company's projects include Belfast-Teck Mag, Alexander Gold, Smith Lake and Lake Nipigon Basin Project. The Belfast-Teck Mag project covers approximately 350 square kilometers land package comprising five properties in the Temagami Mining Camp, located northeast of Sudbury, Ontario, namely the Belfast Copper Property, the TeckMag Property, Golden Rose Property and DGC Property and JPC Property. The Alexander Gold Property comprises 27 patented mining claims covering 448 hectares (1,107 acres) adjoining Evolution Mining's Red Lake-Campbell Complex. The Smith Lake Gold Property consists of a 100% interest in six patented claims and 181 staked mining claims covering approximately 29 square kilometers of land. The Lake Nipigon Basin Property is located south of Black Sturgeon Lake in Nipigon, Ontario. |
Financial Overview |
For the fiscal year ended 31 December 2023, Conquest Resources Ltd revenues was not reported. Net income totaled C$437K vs. loss of C$842K. Net income reflects Exploration and evaluation expenses decrease from C$239K (expense) to C$647K (income), Share-based payment decrease of 92% to C$18K (expense), Interest income increase from C$15K to C$43K (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.25M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | $0.27M as of Dec 31, 2023 |
Net annual income (TTM): | $0.44M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.17M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 135,477,106 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |