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Jaxon Mining Inc. (V:JAX)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 750 Pender St W Suite 1105
VANCOUVER BC V6C 2T8
Tel: N/A
Website: https://jaxonmining.com
IR: See website
Key People
John King Burns
Chairman of the Board, Chief Executive Officer
Yingting Guo
President, Director
Alain Paul Voisin
Chief Financial Officer
Business Overview
Jaxon Mining Inc. is a mineral exploration and development company. The Company is focused on the Hazelton Property in north-central British Columbia, located east of the town of Hazelton, approximately 40 kilometres north of the town of Smithers. Comprised of 75 contiguous mineral claims, with a total area of 723 square kilometers (km2) in the Skeena Arch metallogenic belt. Seven projects have been identified and delineated at the Hazelton Property: Red Springs, Blunt Mt, Max, Netalzul Mt, Mt Thoen, Rocher Deboule Mt, and Kispiox Mt. The Company is currently focused on advancing Kispiox Mt, Netalzul Mt and Red Springs. Red Springs consists of 19 mineral claims covering 291.88 km2 located in the southwest area of the Hazelton Property. Netalzul Mt covers 130.02 km2 of the northeast corner of Hazelton and consists of 23 claims. Max consists of six mineral claims covering 90 km2 located in the north-central area of the Hazelton Property. Blunt Mountain consists of 12 mineral claims.
Financial Overview
For the nine months ended 31 October 2023, Jaxon Mining Inc revenues was not reported. Net loss decreased 23% to C$383K. Lower net loss reflects Share-based compensation decrease of 96% to C$3K (expense), Marketing and investor relations decrease of 71% to C$13K (expense), Consulting fees decrease of 16% to C$93K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.67M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$0.46M as of Oct 31, 2023
Net annual income (TTM): -$0.53M as of Oct 31, 2023
Free cash flow (TTM): -$0.10M as of Oct 31, 2023
Net Debt Last Fiscal Year: $0.03M as of Oct 31, 2023
Shares outstanding: 168,003,652 as of Oct 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization