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Metalo Manufacturing Inc. (C:MMI)

Business Focus: Iron Ore Mining

Sector:  Basic Materials Industry:  Iron & Steel
 
See Regulatory Filings on SEDAR
Company Contact
Address: 535 Larry Uteck Blvd., Null
PO Box 14
BEDFORD NS B3M0E3
Tel: N/A
Website: N/A
IR: N/A
Key People
N/A    
Business Overview
Metalo Manufacturing Inc. is a Canada-based company, which is involved in the mining and exploration sector and the manufacturing sector. The Company operates through two segments: North Atlantic Iron Corporation (NAIC) and Pure Fonte Ltee (PFL). The NAIC segment is a development stage enterprise in the process of exploring its mineral properties in Newfoundland and Labrador. The PFL segment is engaged in engaged in the production of pig iron. Its geographical areas include Canada and the United States.
Financial Overview
For the nine months ended 31 March 2022, Metalo Manufacturing Inc revenues was not reported. Net loss increased 36% to C$725K. Higher net loss reflects Government assistance benefit decrease from C$48K (income) to C$0K, Interest and bank charges increase of 7% to C$599K (expense), Interest accretion increase of 32% to C$126K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.03 to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $12.11M as of Mar 31, 2022
Annual revenue (TTM): $0.00M as of Mar 31, 2022
EBITDA (TTM): -$0.76M as of Mar 31, 2022
Net annual income (TTM): -$0.97M as of Mar 31, 2022
Free cash flow (TTM): -$0.57M as of Mar 31, 2022
Net Debt Last Fiscal Year: $11.44M as of Mar 31, 2022
Shares outstanding: 19,865,192 as of Mar 31, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization