Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Far Resources Ltd. (C:FAT)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 500 - 800 West Pender Street
Tel: N/A
IR: See website
Key People
John Gammack
President, Chief Executive Officer, Director
Robert G. Dinning
Chief Financial Officer, Director
Toby Mayo
Vice President - Technology Development, Director
Jeff Dare
Corporate Secretary
Business Overview
Far Resources Ltd. is a Canada-based battery and technology metals exploration and development company with projects in Canada and the United States. It owns or holds options on approximately two lithium exploration projects, including Zoro Lithium project near Snow Lake, Manitoba and the Hidden Lake project near Yellowknife, Northwest Territories. In addition, the Company controls the Winston property, a gold and silver property located in New Mexico, the United States. The Zoro Lithium project is comprised of approximately three contiguous areas: the Zoro1 Claim, which is wholly owned by the Company, Manitoba Lithium Property, and Zoro North.
Financial Overview
For the nine months ended 31 December 2020, FarResources Ltd revenues was not reported. Net loss increased22% to C$1.3M. Higher net loss reflects Share-basedpayments increase from C$140K to C$982K (expense),Professional fees increase of 25% to C$122K (expense).Basic Earnings per Share excluding Extraordinary Itemsremained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $25.72M as of Dec 31, 2020
Annual revenue (TTM): $0.00M as of Dec 31, 2020
EBITDA (TTM): -$1.60M as of Dec 31, 2020
Net annual income (TTM): -$2.50M as of Dec 31, 2020
Free cash flow (TTM): $0.12M as of Dec 31, 2020
Net Debt Last Fiscal Year: $0.08M as of Dec 31, 2020
Shares outstanding: 145,967,398 as of Jan 14, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization