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Marvel Discovery Corp. (V:MARV)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1903 -808 Nelson Street
PO Box 12194
NORTH VANCOUVER BC V6Z 2H2
Tel: N/A
Website: https://marveldiscovery.ca
IR: See website
Key People
Karim Rayani
President, Chief Executive Officer, Director
Diana Alvarez
Corporate Secretary, Director
 
Business Overview
Marvel Discovery Corp. is a Canada-based resource company. The Company is engaged in the acquisition, exploration, and development of mineral assets in Canada. Its properties include Highway North, KLR & Walker Claims, Wicheeda North, Duhamel, Wicheeda, East Bull, Black Fly and others. Its Wicheeda North Property is located within an approximately 40 kilometers (km) long belt of carbonatite and related rocks, including the Wicheeda Carbonatite-Rare Earth Element (REE) Project at the northwest end and the Cap Carbonatite-Rare Metal (RM) Project near the southeast end. Its Duhamel project is located between Chutes-des-Passes and Pipmuacan Reservoir deformation zones (or areas) included in the central part of Proterozoic Grenville Geological Province. The Black Fly Property is located in the developing Atikokan gold mining camp along and within the Marmion Lake Fault Zone, approximately 13.6 km southwest along the strike of Agnico Eagle's Hammond Reef Gold Deposit.
Financial Overview
For the three months ended 30 November 2023, Marvel Discovery Corp revenues was not reported. Net loss increased from C$83K to C$253K. Higher net loss reflects Gain on fair value of investment decrease from C$5K (income) to C$23K (expense), Shareholder communications increase from C$22K to C$46K (expense), Other income decrease of 53% to C$15K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $3.85M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$0.59M as of Nov 30, 2023
Net annual income (TTM): -$0.90M as of Nov 30, 2023
Free cash flow (TTM): -$2.22M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 141,213,564 as of Feb 14, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization