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Forsys Metals Corp (T:FSY)

Business Focus: Uranium Mining

Sector:  Energy Industry:  Uranium
See Regulatory Filings on SEDAR
Company Contact
Address: 20 Adelaide Street East
Tel: N/A
IR: See website
Key People
Mark Frewin
Interim Chief Executive Officer, Director
Miles A. Nagamatsu
Chief Financial Officer
Jorge Estepa
Corporate Secretary, Director
Business Overview
Forsys Metals Corp. is a Canada-based company that is engaged in the acquisition, exploration and development of mineral properties. The Company is on advancing Norasa Uranium Project (Norasa). Norasa is the consolidation of the Valencia and Namibplaas Uranium Projects located in Namibia, Africa, mining-friendly jurisdiction. Norasa comprises deposits on Mining License, ML149 and at Namibplaas on Exclusive Prospecting License (EPL) 3638. Namibplaas project (EPL 3638) is located approximately 7.5 kilometers northeast of Valencia. Ondundu Gold Project EPL 3195 is the Company's non-uranium project. The Company's subsidiaries include Namibian Metals Ltd., Dunefield Mining Company (Proprietary) Limited, Namibian Westport Ltd., and Westport Resources Namibia (Proprietary).
Financial Overview
For the three months ended 31 March 2022, Forsys Metals Corp revenues was not reported. Net income totaled C$3.9M vs. loss of C$152K. Net income reflects Interest income increase from C$0K to C$4K (income). Basic Earnings per Share excluding Extraordinary Items totaled to C$0.02.
Employees: 3 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $113.63M as of Jun 30, 2022
Annual revenue (TTM): $0.00M as of Jun 30, 2022
EBITDA (TTM): -$4.14M as of Jun 30, 2022
Net annual income (TTM): $0.18M as of Jun 30, 2022
Free cash flow (TTM): -$1.70M as of Jun 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 195,169,467 as of Mar 31, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization