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Mich Resources Ltd. (C:MICH)

Business Focus: Gold

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 3123 - 595 Burrard Street
Tel: N/A
Website: N/A
Key People
Business Overview
Mich Resources Ltd., formerly Michelin Mining Corp., is a Canada-based mineral exploration company. The Company is engaged in the business of acquisition, exploration and development of mineral projects. The Company interest in a property Rue Creek Gold project, which is comprised of 204 Yukon Quartz Mining claims covering an area of approximately 4,157 hectares in west-central Yukon. The Property is located approximately 160 km south of Dawson City, 135 km northwest of Carmacks and 120 km northeast of Beaver Creek, Yukon.
Financial Overview
For the six months ended 31 May 2020, Mich ResourcesLtd revenues was not reported. Net loss increased fromC$47K to C$265K. Higher net loss reflects Professionalservices increase from C$12K to C$38K (expense), Regulatoryand filing increase from C$5K to C$24K (expense),Consulting and management increase of 43% to C$45K(expense). Basic Earnings per Share excluding ExtraordinaryItems totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $8.81M as of May 31, 2020
Annual revenue (TTM): $0.00M as of May 31, 2020
EBITDA (TTM): -$0.25M as of May 31, 2020
Net annual income (TTM): -$0.40M as of May 31, 2020
Free cash flow (TTM): -$0.18M as of May 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 33,319,002 as of May 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization