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Makara Mining Corp. (C:MAKA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 777 Dunsmuir Street, 17th floor
Tel: N/A
IR: See website
Key People
Business Overview
Makara Mining Corp is a Canada-based company, which is engaged in the business of mineral exploration. The Company's property is Kenora Gold Property. Kenora Gold Property is an exploration stage property that consists of approximately 40 mining cell claims, totaling approximately 800 hectares in the Jeffray, Haycock, and Pettypiece townships in Kenora Mining District of Northwestern Ontario. Its property is located approximately 488 kilometers to the west of Thunder Bay and approximately 209 kilometers to the east of Winnipeg, near the eastern city limits of Kenora to Black Sturgeon Lake in the northeast and Haycock Lake in the east. Kenora Gold Property has shear-hosted high-grade gold mineralization occurrences.
Financial Overview
For the six months ended 30 June 2021, Makara MiningCorp revenues was not reported. Net loss decreased 24% toC$1.2M. Lower net loss reflects Consulting fees decrease of85% to C$183K (expense), Professional fees decrease of 61%to C$41K (expense), Website decrease of 94% to C$1K(expense). Basic Earnings per Share excluding ExtraordinaryItems increased from -C$0.09 to -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $5.01M as of Jun 30, 2021
Annual revenue (TTM): $0.00M as of Jun 30, 2021
EBITDA (TTM): -$4.39M as of Jun 30, 2021
Net annual income (TTM): -$4.66M as of Jun 30, 2021
Free cash flow (TTM): -$3.90M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 37,067,593 as of Jun 30, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization