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Eskay Mining Corp (V:ESK)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 82 Richmond St E.
TORONTO ON M5C 1P1
Tel: N/A
Website: https://eskaymining.com
IR: See website
Key People
Hugh M. Balkam
President, Chief Executive Officer, Director
Carmelo Marrelli
Chief Financial Officer
Robert Myhill
Vice President - Finance, Director
John Dedecker
Vice President - Exploration
   
Business Overview
Eskay Mining Corp. is a Canada-based exploration company. The Company is focused on the exploration and development of precious and base metals along the Eskay rift in a prolific region of northwest British Columbia, known as the Golden Triangle, which is approximately 70 kilometers (km) northwest of Stewart, British Columbia. The Company holds mineral tenures in this area comprised of approximately 210 claims, which cover approximately 60,255 hectares. The ESKAY-Corey Property comprises several gold-silver (Au-Ag) volcanogenic massive sulfide (VMS), and gabbro-hosted magmatic nickel-copper-platinum group elements (Ni-Cu-PGE) targets located in the Golden Triangle. Its main VMS target areas on the property include the SIB-Lulu, TV-Jeff, C10, GFJ, and Spearhead zones. The Jeff showing lies four km south-southeast of the Lulu zone. The TV showing is 1.5 km south of Jeff. The SIB zone and Lulu deposit lie along the western limb of the Eskay anticline.
Financial Overview
For the nine months ended 30 November 2023, Eskay Mining Corp revenues was not reported. Net income totaled C$1.1M vs. loss of C$16.8M. Net income reflects Exploration and evaluation expenditures decrease of 99% to C$190K (expense), Share-based payments decrease of 72% to C$973K (expense), Loss from investment in associate decrease of 51% to C$310K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.09 to C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $68.30M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$6.69M as of Nov 30, 2023
Net annual income (TTM): -$1.71M as of Nov 30, 2023
Free cash flow (TTM): -$3.18M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 183,617,123 as of Nov 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization