Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 1570 1111 West Georgia Street Vancouver BC V6E 4M3 |
Tel: | N/A |
Website: | https://kenorlandminerals.com |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Kenorland Minerals Ltd. 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. It owns or has options to acquire further interest in various projects in Manitoba, Ontario and Quebec, Canada and Alaska, United States. The Company's other projects include Osik Lake Project, South Uchi Project, South Thompson Project, O'Sullivan Project, Hunter Project, Chicobi Project and Chebistuan Project. The Frotet Property is its primary mineral property that 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. Tanacross Property is located approximately 80 km northeast of Tok, Alaska. |
Financial Overview |
For the fiscal year ended 31 December 2023, Kenorland Minerals Ltd revenues increased 50% to C$3.7M. Net loss totaled C$4.4M vs. income of C$16.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Net change in fair value of investments decrease from C$8.8M (income) to C$11.3M (expense), Gain on sale of investments decrease of 33% to C$5M (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $23.03M as of Dec 31, 2023 |
Annual revenue (TTM): | $3.72M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.89M as of Dec 31, 2023 |
Net annual income (TTM): | -$4.42M as of Dec 31, 2023 |
Free cash flow (TTM): | -$22.96M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 65,365,959 as of Mar 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |