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 nine months ended 30 September 2023, Infinitum Copper Corp revenues was not reported. Net loss decreased 54% to C$2.5M. Lower net loss reflects RTO transaction costs decrease of 99% to C$20K (expense), Exploration expenses decrease of 38% to C$1.2M (expense), Legal fees decrease of 84% to C$41K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.14 to -C$0.04. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.50M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$2.95M as of Sep 30, 2023 |
| Net annual income (TTM): | -$3.83M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$2.27M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 74,563,040 as of Apr 2, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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