Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 1430-800 West Pender St. Vancouver BC V6C 2V6 |
Tel: | N/A |
Website: | https://crossriverventures.com |
IR: | See website |
Key People | ||
John Fraser President, Director | Alex Klenman Chief Executive Officer, Director | Alex Tong Chief Financial Officer |
Perry Grunenberg Vice President - Exploration | Rob Carpenter Executive Officer - Technical Team | Daniel MacNeil Executive Officer - Technical Team |
Alan Wainwright Executive Officer - Technical Team | Lori Paslawski Exploration Manager | Dan Placzek Director, Corporate Secretary |
Business Overview |
Cross River Ventures Corp. is a Canada-based gold exploration company focused on the development of exploration properties. The principal business of the Company is the identification, evaluation, exploration and acquisition of mineral properties. The Company's projects include McVicar Gold Project, Shabu Lake Property, Maskootch Property and Manitou Project. McVicar Gold Project is located approximately 150 kilometers (km) east of Red Lake and 80 km west of Pickle Lake, in Northwestern Ontario, Canada. The Shabu Lake Property is located approximately 75 km east-northeast of the giant Red Lake gold camp. The Maskootch gold property is located along the southeastern margin of the Archean Uchi Greenstone Belt, approximately 100 km east of the Red Lake gold camp. The Manitou gold property is located within the eastern margin of the Archean Eagle-Wabigoon-Manitou lakes Greenstone belt approximately 40 km south of the community of Dryden. |
Financial Overview |
For the nine months ended 31 October 2023, Cross River Ventures Corp revenues was not reported. Net loss decreased 86% to C$537K. Lower net loss reflects Exploration and evaluation costs decrease of 100% to C$14K (expense), Investor relations decrease of 74% to C$46K (expense), Marketing, conferences and shareholder c decrease of 37% to C$127K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $0.79M as of Oct 31, 2023 |
Annual revenue (TTM): | $0.00M as of Oct 31, 2023 |
EBITDA (TTM): | -$1.38M as of Oct 31, 2023 |
Net annual income (TTM): | -$2.08M as of Oct 31, 2023 |
Free cash flow (TTM): | -$1.78M as of Oct 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 144,020,201 as of Mar 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |