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Infinico Metals Corp. (V:INFM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 1030 West Georgia Street, 15th Floor
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: https://infinicometals.com/en/home
IR: See website
Key People
Tom Panoulias
Executive Chairman of the Board
Sam Walding
Chief Executive Officer
Stephen Sulis
Chief Financial Officer
Business Overview
Infinico Metals Corp. is focused on the exploration for critical metals in the province of Quebec. The Company has an option agreement on the Nicobi Project, hosting magmatic Ni-Cu-Co sulfide mineralization. The Nicobi Project is a magmatic nickel sulfide project located within a mafic-to-ultramafic intrusive complex in the Abitibi Sub province. The Nicobi property consists of approximately 107 claim and is located over 54 kilometers (km) northeast of Lebel-Sur-Quevillon and three hours' drive northeast of the mining hub of Val-d'Or.
Financial Overview
For the six months ended 30 June 2024, Infinico Metals revenues was not reported. Net loss increased 79% to C$1.2M. Higher net loss reflects Exploration and evaluation costs increase from C$168K to C$715K (expense), Consulting increase from C$56K to C$259K (expense), Professional fees increase of 33% to C$163K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Jun 30, 2024
EBITDA (TTM): -$1.85M as of Jun 30, 2024
Net annual income (TTM): -$2.35M as of Jun 30, 2024
Free cash flow (TTM): -$1.97M as of Jun 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 68,023,240 as of Oct 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization