Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 393 Racine St. E; Suite 200 CHICOUTIMI QC G7H 1T2 |
Tel: | N/A |
Website: | https://www.arianne-inc.com |
IR: | See website |
Key People | ||
Brian Ostroff President, Director | Jeffrey Howitt Beck Chief Executive Officer, Director | Genevieve Ayotte Chief Financial Officer | Raphael Gaudreault Chief Operating Officer |
Business Overview |
Arianne Phosphate Inc. is a Canada-based development-stage phosphate mining company. The Company is engaged in the development of its Lac a Paul phosphate property located in Quebec, Canada. The Company specializes in the extraction of independent phosphate rock. The Lac a Paul phosphate deposit is located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. The Lac a Paul project encompasses three Nitassinan Innus: Pessamit, Mashteuiatsh and Essipit. The Lac a Paul project is an undeveloped phosphate deposit globally. The Company's subsidiaries include Oroplata Exploration Inc., Arianne Logistics Inc., 9252-5880 Quebec Inc., and Point Comfort Explorations Inc. |
Financial Overview |
For the nine months ended 30 September 2023, Arianne Phosphate Inc revenues was not reported. Net loss decreased 54% to C$3.2M. Lower net loss reflects Other gain increase from C$8K to C$2.4M (income), Accretion, interest on credit line and a decrease of 19% to C$4.3M (expense), Change in fair value of embedded derivat increase from C$67K (expense) to C$69K (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $74.66M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$1.94M as of Sep 30, 2023 |
Net annual income (TTM): | -$7.69M as of Sep 30, 2023 |
Free cash flow (TTM): | -$1.67M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $23.43M as of Sep 30, 2023 |
Shares outstanding: | 196,809,271 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |