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Metalo Manufacturing Inc. (C:MMI)

Business Focus: Iron Ore Mining

Sector:  Basic Materials Industry:  Iron & Steel
Company Contact
Address: 120 Adelaide Street West; Suite 2500
Unit 112,
Tel: N/A
Website: N/A
Key People
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: Labrador Sands Inc. (LSI) and Pure Fonte Ltee (PFL). LSI is a development stage enterprise in the process of exploring its mineral properties in Newfoundland and Labrador. PFL is engaged in the production of pig iron.
Financial Overview
For the nine months ended 31 March 2023, Metalo Manufacturing Inc revenues was not reported. Net loss increased 38% to C$1M. Higher net loss reflects Interest and bank charges increase of 37% to C$821K (expense), Interest accretion increase of 57% to C$197K (expense), Gain on modification of debt decrease from C$28K (income) to C$0K. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.04 to -C$0.05.
Reporting Currency: Canadian Dollars
Enterprise value: $13.54M as of Mar 31, 2023
Annual revenue (TTM): $0.00M as of Mar 31, 2023
EBITDA (TTM): -$0.70M as of Mar 31, 2023
Net annual income (TTM): -$1.27M as of Mar 31, 2023
Free cash flow (TTM): -$0.23M as of Mar 31, 2023
Net Debt Last Fiscal Year: $12.06M as of Mar 31, 2023
Shares outstanding: 21,538,694 as of Aug 2, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization