Matachewan Consolidated Mines, Limited (V:MCM.A)
Business Focus: Integrated Oil & Gas
| Sector: Energy | Industry: Integrated Oil & Gas |
| Company Contact | |
| Address: | Box 18 - Richmond Adelaide Centre Suite 1910, 130 Adelaide Street West TORONTO ON M5H 3P5 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Richard D. Mccloskey President, Chief Executive Officer, Director | Edward G. Dumond Chief Financial Officer, Corporate Secretary, Director | |
| Business Overview |
| Matachewan Consolidated Mines, Limited is a Canada-based company, which is engaged in the natural resource industry. The Company has investments in petroleum interests, as well as mineral resource properties, all of which are located in Canada. It is indirectly exposed to other natural resource opportunities by investing in marketable securities and investment in other companies listed on recognized exchanges that are natural resource based. The Company has a royalty interest in the Matachewan property consisting of 24 mining claims that forms part of the Young Davidson Mine operated by Alamos Gold Inc. The Company does not operate any of the interests it has in oil and natural gas. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Matachewan Consolidated Mines Ltd revenues increased from -C$247K to C$483K. Net income totaled C$131K vs. loss of C$593K. Revenues reflect Unrealized G/L on Investment Securities increase from -C$2.5M to C$744K, Loss on sale of petroleum interests increase from -C$13K to C$0K. Net Income reflects Share based compensation decrease from C$224K (expense) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | N/A |
| Annual revenue (TTM): | $0.48M as of Dec 31, 2023 |
| EBITDA (TTM): | $0.09M as of Dec 31, 2023 |
| Net annual income (TTM): | $0.13M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$0.30M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 12,445,025 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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