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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
VANCOUVER BC V6C 2V6
Tel: N/A
Website: https://farresources.com
IR: See website
Key People
John Gammack
President, Chief Executive Officer, Director
Eduardo Yu
Chief Financial Officer
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 2019, Far Resources Ltd revenues was not reported. Net loss remained flat at C$1.1M. Net income also reflects Consulting decrease of 43% to C$249K (expense), Transfer agent and filing fees decrease of 83% to C$22K (expense), Travel decrease of 93% to C$6K (expense), offset by Management fees increase from C$67K to C$316K (expense), Share-based payments increase from C$0K to C$140K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $13.02M as of Dec 31, 2019
Annual revenue (TTM): $0.00M as of Dec 31, 2019
EBITDA (TTM): -$2.72M as of Dec 31, 2019
Net annual income (TTM): -$2.72M as of Dec 31, 2019
Free cash flow (TTM): -$1.66M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 131,540,368 as of Dec 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization