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iMetal Resources Inc. (V:IMR)

Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 580 Hornby St Suite 510
Tel: N/A
IR: See website
Key People
Johan Grandin
Chairman of the Board, President, Chief Executive Officer
Scott Davis
Chief Financial Officer
Francis Murphy
Corporate Secretary
Business Overview
iMetal Resources Inc., formerly Adroit Resources Inc., is an exploration and development stage mineral resource company. The Company is engaged in the exploration and development of mineral properties. The Company is focused on finding and developing diamond and base metal resources in various areas of the world. The Company has approximately eight owned properties located in Ontario and Quebec, Canada. It owns Carheil Property, which is located approximately 280 kilometers north-northwest of Val-d'Or, Quebec. The Carheil Property encompasses approximately 5,400 acres. The Company is exploring for precious and base metals in the South Timmins/Shining Tree/Temagami/Cobalt areas of North-Eastern Ontario. The Temagami North Property consists of non-contiguous mining claim units in the New Liskeard/Cobalt kimberlite field in the north-eastern Ontario. The Company has not generated any revenues.
Financial Overview
For the fiscal year ended 31 May 2019, iMetal Resources Inc revenues was not reported. Net loss increased 11% to C$864K. Higher net loss reflects Selling/General/Admin. Expense increase from C$41K to C$123K (expense), Office and Salaries increase from C$14K to C$44K (expense), Professional Fees increase of 18% to C$119K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $7.27M as of May 31, 2019
Annual revenue (TTM): $0.00M as of May 31, 2019
EBITDA (TTM): -$0.86M as of May 31, 2019
Net annual income (TTM): -$0.86M as of May 31, 2019
Free cash flow (TTM): -$1.51M as of May 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 112,231,583 as of Jun 14, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization