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Forum Energy Metals Corp. (V:FMC)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 800 Pender St W Suite 615
VANCOUVER BC V6C 2V6
Tel: N/A
Website: https://www.forumenergymetals.com
IR: See website
Key People
Anthony David Nettleton Balme
Chairman of the Board
Richard J. Mazur
President, Chief Executive Officer, Director
Dan O'Brien
Chief Financial Officer
Kenneth Wheatley
Vice President - Exploration
Jacqueline Collins
Corporate Secretary
 
Business Overview
Forum Energy Metals Corp, formerly Forum Uranium Corp, is a Canada-based mineral exploration company with a focus on the acquisition, exploration and development of energy metals such as uranium and copper. Its projects include Fir Island, Henday Lake, Highrock Lake, Karpinka, Key Lake Road, Maurice Point, Clearwater, and Ukaliq, among others. Its North Thelon Project covers over 197,300 hectares and consists of over three project areas, including the Kiggavik North and South areas, the Agnico-Eagle Option area and the Inuit Owned Land (IOL) areas; the northern half of IOL BL-21, and the area of BL-32. Its North Thelon project is located on the eastern margin of the Thelon Sandstone Basin, over 50 kilometers west of Baker Lake, Nunavut. Its Northwest Athabasca property consists of approximately eight claims for over 10,161 hectares. Its Key Lake Road projects consist of over 20 claims in a range of properties: Key Lake Road, Highrock and Highrock South, Karpinka, Costigan and Orchid.
Financial Overview
For the three months ended 28 February 2021, ForumEnergy Metals Corp revenues was not reported. Net lossincreased from C$119K to C$245K. Higher net loss reflectsExploration and evaluation expenditures increase from C$38K(income) to C$25K (expense), Transfer agent and regulatoryfees increase from C$7K to C$58K (expense), Share-basedcompensation increase from C$1K to C$29K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $56.29M as of Feb 28, 2021
Annual revenue (TTM): $0.00M as of Feb 28, 2021
EBITDA (TTM): -$0.92M as of Feb 28, 2021
Net annual income (TTM): -$2.19M as of Feb 28, 2021
Free cash flow (TTM): -$1.74M as of Feb 28, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 159,634,027 as of Jul 20, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization