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Fidelity Minerals Corp. (V:FMN)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 1201 - 1166 Alberni Street
VANCOUVER BC V6E 3Z3
Tel: N/A
Website: https://www.fidelityminerals.com
IR: See website
Key People
Dean Pekeski
President, Chief Executive Officer, Director
Anthony Balic
Chief Financial Officer, Director
 
Business Overview
Fidelity Minerals Corp. is a Canada-based company, which is assembling a portfolio of near-term development and large-scale appraisal projects to underpin the development of a resource company. The Company is in the process of exploring its resource properties. The Company's projects include Greater Las Huaquillas (GLH), Las Brujas, Porphyritic Copper and Cerro El Bronce. GLH project consists of 9 concessions for approximately 3,600 hectares (Ha) of which the Company has acquired a 50% interest, and nine concessions for approximately 3,800 Ha of contiguous mineral title, of which it has acquired a 100% interest. The Las Brujas project consists of four concessions 100% held by the Company located in the Cajamarca province of Peru. The Porphyritic Copper Project comprises three contiguous concessions 100% held by the Company located in La Libertad, Northern Peru. The Cerro El Bronce project consists of two concessions 100% held by the Company located in the Ancash province of Peru.
Financial Overview
For the six months ended 31 January 2024, Fidelity Minerals Corp revenues was not reported. Net loss decreased 40% to C$186K. Lower net loss reflects Consulting fee decrease of 35% to C$138K (expense), Administrative fees decrease of 33% to C$40K (expense), Legal and professional fee decrease of 40% to C$20K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.43M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$0.94M as of Jan 31, 2024
Net annual income (TTM): -$1.72M as of Jan 31, 2024
Free cash flow (TTM): -$0.51M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 88,795,209 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization