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Mazarin Inc. (V:MAZ.H)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: 696 rue Monfette Est
THETFORD MINES QC G6G 7G9
Tel: N/A
Website: https://mazarin.ca
IR: See website
Key People
John Leboutillier
Chairman of the Board
Guy Berard
President, Director
Mario Simard
Chief Financial Officer, Secretary
Business Overview
Mazarin Inc. is a Canada-based natural resource company. The Company is focused on the development of industrial minerals to provide value-added products. The Company's activities are carried out through two subsidiaries, which include Asbestos Corporation Limited (ACL) and 9075-6453 Quebec Inc. (9075). Through its operation, the Company has produced millions of tons of serpentine tailings, which contain several minerals, such as magnesium and nickel, which are included in the list of critical minerals in Canada. The Company is focused on the development of its properties and the restoration of all its mining sites and buildings. It also intends to promote the implementation of various energy sources, such as wind and solar power. Its development plan includes carbon dioxide (CO2) sequestration from the carbonation of its mine tailings. The Company, through its subsidiary ACL, owns approximately eight mining sites located in the MRC des Appalaches.
Financial Overview
For the nine months ended 30 September 2023, Mazarin Inc revenues increased from -C$271K to C$2.4M. Net income totaled C$1.2M vs. loss of C$399K. Revenues reflect G/L on Invest. HFS, Maturity & Trading increase from -C$2M to C$523K, Sale of land increase from C$48K to C$334K, Revenue from mining properties - Balanci increase from C$3K to C$241K. Net Income reflects Litigation management fees (recovery) increase of 38% to C$1.8M (income).
Employees: 300 as of Dec 31, 2005
Reporting Currency: Canadian Dollars
Enterprise value: $2.22M as of Sep 30, 2023
Annual revenue (TTM): $4.16M as of Sep 30, 2023
EBITDA (TTM): $1.41M as of Sep 30, 2023
Net annual income (TTM): $1.26M as of Sep 30, 2023
Free cash flow (TTM): $0.18M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 49,729,684 as of Feb 22, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization