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MAX Resource Corp. (V:MAX)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 2700 - 200 Granville St.
VANCOUVER BC V6E 1S4
Tel: N/A
Website: https://www.maxresource.com
IR: See website
Key People
Brett Robert Matich
President, Chief Executive Officer, Director
Alexander Helmel
Chief Financial Officer
 
Business Overview
Max Resource Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties in South America and Canada. The Company is engaged in advancing its CESAR copper-silver project in Colombia and the RT Gold project in Peru. Its CESAR copper-silver project is located in northeastern Colombia and lies along the northern portion of the Andean belt. Its CESAR copper-silver project has mining concession contracts covering over 170 square kilometers. It has three high-grade copper deposits: Uru, Conejo and AM Copper silver Zone. It has exclusive rights to acquire 100% of RT Gold Project located approximately 760 kilometers North West of Lima, Peru. The RT Gold property features two primary zones for exploration: CERRO and TABLON. The CERRO zone is a bulk tonnage gold-bearing porphyry, and the TABLON zone is a high-grade gold-bearing massive sulfide.
Financial Overview
For the nine months ended 30 September 2023, Max Resource Corp revenues was not reported. Net loss decreased 38% to C$2.7M. Lower net loss reflects Share-based compensation decrease from C$1.6M (expense) to C$0K, Interest income increase from C$149K to C$369K (income), Consulting and employment costs decrease of 13% to C$947K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $21.76M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$3.73M as of Sep 30, 2023
Net annual income (TTM): -$3.96M as of Sep 30, 2023
Free cash flow (TTM): -$9.63M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 176,000,000 as of Nov 24, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization