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Elcora Advanced Materials Corp. (V:ERA)

Business Focus: Electrical Components & Equipment (NEC)

Sector:  Industrials Industry:  Electrical Components & Equipment
 
Company Contact
Address: Suite 10, 275 Rocky Lake Drive
BEDFORD NS B4A 2T3
Tel: N/A
Website: https://www.elcoracorp.com
IR: See website
Key People
Troy James Grant
President, Chief Executive Officer, Director
Johannes P.M. Van Der Linde
Chief Financial Officer, Director
 
Business Overview
Elcora Advanced Materials Corp. is a Canada-based vertically integrated battery material company. The Company mines, processes, refines and produce battery related minerals and metals. It is engaged in developing polymetallic mining deposits, such as Vanadium, Manganese, Copper, Tantalum, Nobium and some other rare earth minerals. The Company operates in one business segment, being the exploration and development of mineral properties. The Company's graphite processing plant is located near the Ragedara mine in Sri Lanka. This facility performs four refining activities, such as grinding, flotation, dewatering, and product load-out. It has constructed its own graphene production facility in the Canadian city of Halifax, Nova Scotia to supply graphene.
Financial Overview
For the nine months ended 31 December 2023, Elcora Advanced Materials Corp revenues increased from C$0K to C$184K. Net loss applicable to common stockholders decreased 27% to C$529K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions.
Reporting Currency: Canadian Dollars
Enterprise value: $6.89M as of Dec 31, 2023
Annual revenue (TTM): $0.18M as of Dec 31, 2023
EBITDA (TTM): -$1.30M as of Dec 31, 2023
Net annual income (TTM): -$1.40M as of Dec 31, 2023
Free cash flow (TTM): -$0.39M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.99M as of Dec 31, 2023
Shares outstanding: 170,377,013 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization