Sector: Basic Materials | Industry: Mining Support Services & Equipment |
Company Contact | |
Address: | 610 - 700 West Pender Street VANCOUVER BC V6C 1G8 |
Tel: | N/A |
Website: | https://www.dariencorp.com |
IR: | See website |
Key People | ||
Cesar Lopez President, Chief Executive Officer | David Allen Cross Chief Financial Officer |
Business Overview |
New Energy Metals Corp. is a Canada-based junior mineral exploration company. The Company is engaged in the exploration of mineral projects with a focus on energy metals, and the acquisition of other mineral exploration properties. The Company's exploration projects consist of a copper project in British Columbia and lithium projects in Ontario. It is in the exploration stage of developing its exploration properties. The Company has options to acquire a 100% interest in various properties, including Troitsa Copper Property (the Troitsa Property), Roslyn Lithium Property (the Roslyn Property) and Atikokan Lithium Property (the Atikokan Property). The Troitsa Property is located in the Omineca Mining Division of British Columbia, consisting of 26 mineral claims over approximately 7,000 hectares. The Roslyn Property is located 50 kilometers northeast of Nipigon, northwestern Ontario. The Roslyn Property consists of 12 mineral claims over approximately 5,100 hectares. |
Financial Overview |
For the six months ended 31 December 2023, New Energy Metals Corp revenues was not reported. Net loss decreased 11% to C$381K. Lower net loss reflects Exploration and evaluation expenditures decrease of 95% to C$7K (expense), Share-based compensation decrease of 65% to C$64K (expense), Professional fees decrease of 53% to C$12K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.18 to -C$0.11. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.18M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.09M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1.23M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 3,584,677 as of Mar 25, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |