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iMetal Resources Inc. (V:IMR)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 800 West Pender Street,, Suite 550
VANCOUVER BC V6C 2V6
Tel: 1-604-4843031
Website: https://www.imetalresources.ca
IR: See website
Key People
Satvir Singh Dhillon
President, Chief Executive Officer, Director
Scott Zelligan
Vice President - Exploration
 
Business Overview
iMetal Resources, Inc. is a Canadian junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. The Company's projects include Gowganda, Ghost Mountain and Carheil. The Company's flagship property, Gowganda West, is an exploration-stage gold project and is located within the Shining Tree Camp area in the southern part of the Abitibi Greenstone Gold Belt about 100 kilometers (km) south-southeast of the Timmins Gold Camp. Its 100% owned, Ghost Mountain property consists of 11 claim units (11 square kilometers (km2)) of land that straddles the gold-prolific Destor-Porcupine Structure in Kirkland Lake, Ontario. The 220 hectare Ghost Mountain property, 42 km Northeast (NE) of Kirkland Lake, lies five km West of Agnico Eagle's Holt and Holloway Mine. Its Carheil is an exploration-stage project with multi-metal potential. The project is about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.
Financial Overview
For the six months ended 30 November 2023, iMetal Resources Inc revenues was not reported. Net loss increased from C$238K to C$658K. Higher net loss reflects Marketing increase from C$70K to C$275K (expense), Amortization of flow-through premium lia decrease from C$134K (income) to C$2K (expense), Travel and promotion increase from C$29K to C$75K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.06 to -C$0.13.
Reporting Currency: Canadian Dollars
Enterprise value: $0.91M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$2.70M as of Nov 30, 2023
Net annual income (TTM): -$2.57M as of Nov 30, 2023
Free cash flow (TTM): -$3.97M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 5,088,006 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization