Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Macarthur Minerals Limited (V:MMS)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite, G 3 555 Coronation Drive
TOOWONG QLD 4066
Tel: N/A
Website: https://macarthurminerals.com
IR: See website
Key People
Cameron McCall
Executive Chairman of the Board, Chief Executive Officer
   
Business Overview
Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.
Financial Overview
For the nine months ended 31 December 2023, MacArthur Minerals Ltd revenues was not reported. Net income applicable to common stockholders totaled A$2.7M vs. loss of A$3.8M. Net income reflects Share-based compensation decrease from A$2.1M (expense) to A$5.1M (income), Personnel costs decrease of 58% to A$647K (expense), Professional Fees decrease of 23% to A$476K (expense).
Reporting Currency: Australian Dollars
Enterprise value: $31.04M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): $2.39M as of Dec 31, 2023
Net annual income (TTM): $1.46M as of Dec 31, 2023
Free cash flow (TTM): -$2.69M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.60M as of Dec 31, 2023
Shares outstanding: 166,253,488 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization