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Kenorland Minerals Ltd. (V:KLD)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 310-119 West Pender Street
Vancouver BC V6B 1S5
Tel: N/A
IR: See website
Key People
Business Overview
Kenorland Minerals Ltd., formerly Northway Resources Corp., is a Canada-based mineral exploration company. The Company's principal business is the acquisition and exploration of precious metal mineral properties in North America. Its flagship properties are the Frotet project Quebec, Canada, the Tanacross project Alaska, United States and the Healy project Alaska, United States. The Company owns or has options to acquire further interest in various projects in Manitoba, Ontario and Quebec, Canada and Alaska, United States. The Frotet Property is its primary mineral property. The Frotet Property covers approximately 39,365 hectares (ha) and is located in the Frotet-Evans Archean greenstone belt within the Opatica geological sub-province, approximately 120 kilometers (km) north of Chibougamau. The Tanacross Property is located approximately 80 km northeast of Tok, Alaska. The Healy Property is located approximately 180 km southeast of Fairbanks, within the Goodpaster mining district.
Financial Overview
For the fiscal year ended 31 December 2021, Kenorland Minerals Ltd revenues increased from C$631K to C$2M. Net income totaled C$1.1M vs. loss of C$6.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Listing expenses decrease from C$4.4M (expense) to C$0K, Other Non Operating I/E decrease from C$1M (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $26.89M as of Dec 31, 2021
Annual revenue (TTM): $2.00M as of Dec 31, 2021
EBITDA (TTM): -$1.44M as of Dec 31, 2021
Net annual income (TTM): $1.11M as of Dec 31, 2021
Free cash flow (TTM): -$21.75M as of Dec 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 51,603,418 as of Mar 16, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization