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Midland Exploration Inc. (V:MD)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1 PLACE VILLE MARIE, SUITE 4000
MONTREAL QC H3B 4M4
Tel: 1-450-420.5977
Website: www.midlandexploration.com
IR: See website
Key People
Jean-Pierre Janson
Independent Chairman of the Board
Gino Roger
President, Chief Executive Officer, Director, IR Contact Officer
Ingrid Martin
Chief Financial Officer
Mario Masson
Vice President - Exploration
Rene Branchaud
Secretary, Independent Director
 
Business Overview
Midland Exploration Inc is a Canada-based company engaged in mining exploration business. The Company's operations include the acquisition and exploration of mining properties. The Company is focused on gold, platinum group elements, base metals and rear earth metal mine discoveries in Quebec, Canada. Its exploration properties include Casault, Heva, Jouvex, Laflamme, Lewis, Maritime-Cadillac, Mythril, Mythril Regional, Soissons, Noyelles and Willbob.
Financial Overview
For the six months ended 31 March 2020, Midland Exploration Inc. revenues decreased 98% to C$1K. Net loss increased 26% to C$963K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Salaries increase of 25% to C$495K (expense), Office expenses increase of 54% to C$121K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $56.81M as of Mar 31, 2020
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$1.83M as of Mar 31, 2020
Net annual income (TTM): -$1.34M as of Mar 31, 2020
Free cash flow (TTM): -$9.07M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 70,354,043 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization