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Infinity Stone Ventures Corp. (C:GEMS)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Suite 750 - 1095 West Pender Street
VANCOUVER BC V6E 2M6
Tel: N/A
Website: https://contakt.world
IR: See website
Key People
Glenn Giles
Interim Chief Executive Officer, Director
Jeremy Close
Interim Chief Financial Officer, Director
Ana Laura Pineda
Corporate Secretary, Director
Business Overview
Infinity Stone Ventures Corp. is a Canada-based company, which is a supplier for the critical energy metals being used in clean energy. It serves battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators. It offers a diversified portfolio in lithium, graphite, copper, cobalt, nickel, manganese in Ontario and Quebec. Its projects include Camaro, Taiga, Hellcat, Rockstone Graphite Deposit, PAK South & PAK Southeast, Zen-Whoberi Project, Galaxy Project, Thor Project and Buda Project. The Rockstone Graphite Project covers 1940 acres and is located on a highway, 50 kilometers (km) from a rail line, and 50 km west of the seaport in the mining center of Thunder Bay. The PAK South and PAK Southeast properties cover 1258 hectares and 158 hectares, respectively, and cover several pegmatite units identified in regional mapping by the Ontario Geological Survey. The Zen-Whoberi Project, located 30 km north of Mont-Laurier, Quebec, Canada.
Financial Overview
For the nine months ended 31 May 2023, Infinity Stone Ventures Corp revenues decreased 75% to $127K. Net loss decreased 96% to $76K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Stock-based Compensation decrease of 51% to $657K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.08 to -$0.01.
Reporting Currency: U.S. Dollars
Enterprise value: $6.72M as of May 31, 2023
Annual revenue (TTM): $0.27M as of May 31, 2023
EBITDA (TTM): -$4.52M as of May 31, 2023
Net annual income (TTM): -$1.78M as of May 31, 2023
Free cash flow (TTM): -$3.95M as of May 31, 2023
Net Debt Last Fiscal Year: $6.43M as of May 31, 2023
Shares outstanding: 46,622,986 as of Jan 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization