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Leading Edge Materials Corp. (V:LEM)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 14th Floor 1040 West Georgia Street
VANCOUVER BC V6E 4H1
Tel: N/A
Website: https://leadingedgematerials.com
IR: See website
Key People
Eric Krafft
Interim Chief Executive Officer, Director
Sanjay Swarup
Chief Financial Officer
 
Business Overview
Leading Edge Materials Corp. is a Canada-based company, which is involved in the exploration and development of resource properties in Sweden and Romania with operations in Canada. The Company is focused on developing a portfolio of raw material projects located in the European Union. The Company's portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), Norra Karr HREE project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). The Woxna Graphite mine project comprises four concessions, known as Kringelgruvan, Mattsmyra, Gropabo and Mansberg. The Woxna Graphite mine project is located in Ovanaker Municipality, Gavleborg County, central Sweden. The Norra Karr HREE project consists of an exploration license located in south-central Sweden. Its Bihor Sud Nickel Cobalt project covers a granted exploration license of approximately 25 square kilometers area in the Northern Apuseni Mountains of Transylvania.
Financial Overview
For the three months ended 31 January 2024, Leading Edge Materials Corp revenues was not reported. Net loss increased 8% to C$686K. Higher net loss reflects Exploration/Dry Hole Exp(Incl Write Off) increase from C$33K to C$117K (expense), Share based compensation increase of 64% to C$159K (expense), Mark to market adjustment loss increase of 63% to C$86K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $17.46M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$2.57M as of Jan 31, 2024
Net annual income (TTM): -$2.63M as of Jan 31, 2024
Free cash flow (TTM): -$2.70M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 190,951,949 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization