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Global Atomic Corporation (T:GLO)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 8 King Street East, Suite 1700
TORONTO ON M5C 1B5
Tel: N/A
Website: https://www.globalatomiccorp.com
IR: See website
Key People
Stephen G. Roman
Chairman of the Board, President, Chief Executive Officer
George A. Flach
Vice Chairman of the Board, Vice President - Exploration
Rein A. Lehari
Chief Financial Officer
Ronald Stephen Halas
Chief Operating Officer
Timothy N. Campbell
Vice President - ESG, Corporate Secretary
Robert J. Tait
Vice President, Investor Relations
Business Overview
Global Atomic Corp is a Canada-based resource company. The Company operates through two segments: the Uranium Business and the EAFD Business. Its Uranium Business is engaged in the acquisition, exploration and development of uranium properties in Niger. The Company carries uranium exploration and development activities through its wholly-owned subsidiary, Global Atomic Fuels Corporation (GAFC). It owns Dasa project, which is a uranium deposit that lies within the Adrar Emoles III licence area, 105 kilometer south of the uranium mining town of Arlit, in Republic of Niger. The Company's EAFD business is the development of electric arc furnace dust (EAFD) recycling business in Turkey to recover zinc in concentrate, which is sold to smelters. Global Atomic Corp, in partnership with Befesa Zinc S.A.U. (Befesa), a Spanish company that operates a number of Waelz kilns throughout Europe and Asia, has a joint venture known as Befesa Silvermet Turkey, S.L. (BST) operating the Iskenderun plant.
Financial Overview
For the six months ended 30 June 2021, Global AtomicCorp revenues increased 36% to C$610K. Net loss decreased50% to C$1.3M. Revenues reflect an increase in demand forthe Company's products and services due to favorable marketconditions. Lower net loss reflects EAFD business segmentincome increase of 65% to C$2M. Basic Earnings per Shareexcluding Extraordinary Items increased from -C$0.02 to-C$0.01.
Employees: 41 as of Dec 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $690.12M as of Jun 30, 2021
Annual revenue (TTM): $0.87M as of Jun 30, 2021
EBITDA (TTM): -$4.53M as of Jun 30, 2021
Net annual income (TTM): -$2.34M as of Jun 30, 2021
Free cash flow (TTM): -$8.77M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 163,624,283 as of Aug 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization