Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | #439, 7184 120TH STREET SURREY BC V3W 0M6 |
Tel: | N/A |
Website: | https://www.lomiko.com |
IR: | See website |
Key People | ||
Belinda Labatte Interim Executive Chairman of the board, Chief Executive Officer | Vince Osbourne Chief Financial Officer, Corporate Secretary | Gordana Slepcev Chief Operating Officer | Jacqueline Michael Controller |
Business Overview |
Lomiko Metals Inc. is a Canada-based company that holds mineral interests in its La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation's territory. Located about 180 kilometers (km) northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling about 4,528 hectares (ha). The property is underlain by rocks from the Grenville Province of the Precambrian Canadian Shield. Its Bourier Lithium property consists of 203 mining claims, covering approximately 102.6 square kilometers, located in the Nemiscau greenstone belt. The Company has staked approximately 268 mineral claims covering 15,639 ha on six blocks in the Laurentian region of Quebec, approximately 200 kilometers (km) northwest of Montreal within the Kitigan Zibi First Nation's territory. These new claim blocks lie within a 100 km radius of the Company's flagship La Loutre graphite project. |
Financial Overview |
For the six months ended 31 January 2024, Lomiko Metals Inc revenues was not reported. Net loss decreased 3% to C$822K. Lower net loss reflects Share based payments decrease of 57% to C$158K (expense), Advertising and promotion decrease of 70% to C$38K (expense), Professional Fees decrease of 51% to C$60K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.93M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
EBITDA (TTM): | -$2.03M as of Jan 31, 2024 |
Net annual income (TTM): | -$1.94M as of Jan 31, 2024 |
Free cash flow (TTM): | -$2.53M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 400,681,645 as of Jan 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |