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Star Diamond Corporation (T:DIAM)

Business Focus: Diamond Mining

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 300-224 4th Ave S
Tel: N/A
IR: See website
Key People
Brian M. Menell
Independent Chairman of the Board
Kenneth E. MacNeill
President, Chief Executive Officer, Non-Independent Director
Greg Shyluk
Interim Chief Financial Officer
George H. Read
Senior Vice President - Exploration & Development
Business Overview
Star Diamond Corp is a Canada-based company, which is engaged in the acquisition, exploration and development of mineral properties. The Company's projects include the Star-Orion South Diamond Project and the Buffalo Hills Diamond Project. The Star-Orion South Diamond Project is located in central Saskatchewan approximately 60 kilometers east of the city of Prince Albert, Saskatchewan, Canada. The Star-Orion South Diamond Project is in close proximity to established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project's indicated revised resource estimate is more than 55 million carats and its inferred revised resource estimate is more than 11 million carats. The Buffalo Hills Diamond Project is located approximately 400 kilometers northwest of Edmonton, Alberta, Canada.
Financial Overview
For the three months ended 31 March 2020, Star Diamond Corp revenues increased 29% to C$31K. Net loss increased 13% to C$985K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Consulting & Professional Fees increase from C$16K to C$439K (expense), Corporate Development increase from C$18K to C$43K (expense).
Employees: 5 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $101.74M as of Mar 31, 2020
Annual revenue (TTM): $0.10M as of Mar 31, 2020
EBITDA (TTM): -$4.19M as of Mar 31, 2020
Net annual income (TTM): -$4.23M as of Mar 31, 2020
Free cash flow (TTM): -$2.94M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 429,130,697 as of Apr 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization