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M3 Metals Corp. (V:MT)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 300-1455 Bellevue Ave
WEST VANCOUVER BC V7T 1C3
Tel: N/A
Website: https://www.m3metalscorp.com
IR: See website
Key People
Adrian Smith
President, Director
Kosta Tsoutsis
Chief Executive Officer, Director
Brian Patrick Morrison
Chief Financial Officer, Director
Business Overview
M3 Metals Corp. is a Canada-based company, which is focused on the exploration and development of its North American metallic mineral projects. The Company holds interest in the Mohave Mine Gold Project in Arizona, United States, along with a 2% NSR on their portion of the Stars Copper Project in central British Columbia, Canada. It is also advancing new gold projects in British Columbia, Canada and exploring new business opportunities. Its projects include G-South Project Page, Block 103 Iron Ore Project and Stars Project. The G-South Project Page lies within the prolific Quesnel terrane, located approximately 30 kilometers (km) north of Quesnel, British Columbia, Canada. Block 103 Iron Ore Project covers an area of approximately 7,275 hectares, located 30 km northwest of the mining town of Schefferville, Quebec, Canada. The Stars Project is situated 58 km north of Imperials Metals Corp.'s Huckleberry Copper mine and 40 Km southwest of the Resource town of Houston, British Columbia.
Financial Overview
For the three months ended 30 November 2023, M3 Metals Corp revenues was not reported. Net income totaled C$1.3M vs. loss of C$522K. Net income reflects FV Adjustments of Financial Investments increase from C$413K (expense) to C$107K (income), Property investigation costs decrease from C$6K (expense) to C$0K, Interest Income increase from C$0K to C$1K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $2.15M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$1.22M as of Nov 30, 2023
Net annual income (TTM): $0.51M as of Nov 30, 2023
Free cash flow (TTM): -$1.57M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 10,274,724 as of Nov 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization