Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Lomiko Metals Inc. (V:LMR)

Business Focus: Specialty Mining & Metals (NEC)

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