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 |