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Infinitum Copper Corp. (V:INFI)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Suite 450, 800 West Pender St
VANCOUVER BC V6C 2V6
Tel: N/A
Website: https://infinitumcopper.com
IR: See website
Key People
Steve Robertson
Chairman of the Board
Matt Hudson
President, Chief Executive Officer
Michael Andrew James Wood
Chief Financial Officer, Director
Business Overview
Infinitum Copper Corp. is a Canada-based mining exploration company. The Company is focused on exploration and discovery of properties containing copper mineralization in Mexico. The Company is advancing La Adelita project, where the Company has an option to earn an 80% interest. The copper-silver-gold La Adelita Project is located in Sonora and Sinaloa states in Mexico. La Adelita project includes seven mining claims covering approximately 6,446 hectares. It also has an option to earn a 25 % interest in the Hot Breccia project in the heart of the Arizona Copper Belt, about 90 kilometers north of Tucson, Arizona. The Hot Breccia project is prospective for porphyry copper and copper skarn mineralization. The Hot Breccia project consists of over 35 unpatented federal mining claims over the heart of the zone, plus 192 surrounding unpatented claims.
Financial Overview
For the three months ended 31 March 2024, Infinitum Copper Corp revenues was not reported. Net loss decreased 40% to C$352K. Lower net loss reflects Exploration expenses decrease of 79% to C$43K (expense), Unrealized (loss) on marketable securiti decrease from C$60K (expense) to C$0K, Share-based compensation decrease of 28% to C$108K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $3.42M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$2.70M as of Mar 31, 2024
Net annual income (TTM): -$2.76M as of Mar 31, 2024
Free cash flow (TTM): -$1.70M as of Mar 31, 2024
Net Debt Last Fiscal Year: $0.10M as of Mar 31, 2024
Shares outstanding: 48,531,508 as of Jun 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization