Ad blocking detected

Thank you for visiting CanadianInsider.com. 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 Ultra Club
$500/ 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
JOIN THE CLUB

* 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.

Fission Uranium Corp. (T:FCU)

Business Focus: Uranium Mining

Sector:  Energy Industry:  Uranium
 
Company Contact
Address: 700 - 1620 DICKSON AVE.
KELOWNA BC V1Y 9Y2
Tel: N/A
Website: https://www.fissionuranium.com
IR: See website
Key People
Ross E. Mcelroy
President, Chief Executive Officer, Director
Chris Sammartino
Chief Financial Officer
Gary Haywood
Vice President - Project Development
Business Overview
Fission Uranium Corp. is a Canada-based resource company. The Company's principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan's Athabasca Basin in Western Canada. The Company's primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan's Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.
Financial Overview
For the fiscal year ended 31 December 2023, Fission Uranium Corp revenues was not reported. Net loss increased 2% to C$8.9M. Higher net loss reflects Research & Development Expense increase from C$236K to C$1.7M (expense), Share-based compensation increase of 29% to C$6.4M (expense), Wages, consulting and directors fees increase of 80% to C$2.8M (expense).
Employees: 17 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $843.96M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$12.27M as of Dec 31, 2023
Net annual income (TTM): -$8.92M as of Dec 31, 2023
Free cash flow (TTM): -$23.14M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 834,519,294 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization