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 |