Lexston Mining Corporation (C:LEXT)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 929 Mainland Street, VANCOUVER BC V6B 1S3 |
| Tel: | N/A |
| Website: | https://lexston.ca |
| IR: | See website |
| Key People | ||
| Jagdip Bal President, Chief Executive Officer, Director | Jatinder J. Manhas Chief Financial Officer, Director | |
| Business Overview |
| Lexston Mining Corporation, formerly Lexston Life Sciences Corp., is a Canadian mineral exploration company focused on the acquisition and development of mineral projects. The Company has an option agreement with Nicholas Rodway (the Optionor) to acquire up to 100% interest in the mineral property, Dory Property, which consists of four mineral claims #1098125, #1098126, #1098127 and #1098419 located approximately 25 kilometers (km) west of Port Alberni in British Columbia. The size of the Dory Property is approximately 1,348 hectares. The Dory Property has the potential for copper, zinc and gold. |
| Financial Overview |
| For the nine months ended 28 February 2024, Lexston Mining Corp revenues was not reported. Net loss decreased 39% to C$621K. Lower net loss reflects Consulting fees decrease of 60% to C$152K (expense), Advertising and promotion decrease of 58% to C$72K (expense), Management fees decrease of 69% to C$40K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.04 to -C$0.02. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.39M as of Feb 28, 2024 |
| Annual revenue (TTM): | $0.00M as of Feb 28, 2024 |
| EBITDA (TTM): | -$0.66M as of Feb 28, 2024 |
| Net annual income (TTM): | -$0.71M as of Feb 28, 2024 |
| Free cash flow (TTM): | -$0.49M as of Feb 28, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 34,159,167 as of May 1, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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