Murchison Minerals Ltd. (V:MUR)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 5063 North Service Road, Suite 100 BURLINGTON ON L7L 5H6 |
| Tel: | N/A |
| Website: | https://murchisonminerals.ca |
| IR: | See website |
| Key People | ||
| Jean-Charles Potvin Executive Chairman of the Board | Troy D. Boisjoli President, Chief Executive Officer, Director | Erik H. Martin Chief Financial Officer, Corporate Secretary |
| Business Overview |
| Murchison Minerals Ltd. is an exploration company. The Company is focused on nickel-copper-cobalt exploration at the 100%-owned HPM Project in Quebec and the exploration and development of the 100%-owned Brabant Lake zinc-copper-silver project in northcentral Saskatchewan. HPM is a high-grade nickel-bearing magmatic sulphide project located in the Manicouagan Region of Quebec, Canada. Its Brabant Lake zinc-copper-silver project is located along Highway 102 approximately 175 kilometers (km) northeast of the town of La Ronge. The Brabant Lake property consists of the BMK VMS Deposit and multiple known mineralized showings. The project's entire 627 square kilometer land package is prospective for VMS deposits, as well as gold. Its Lac Paradis Prospect is located at the south end of Lac Manicouagan, approximately 17 km north of the Manic-5 Hydroelectric Dam, and 120 km southwest of the HPM property. The Lac Paradis claims cover approximately 21.8 square kilometers of prospective geology. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Murchison Minerals Ltd revenues was not reported. Net loss decreased 58% to C$2.6M. Lower net loss reflects Exploration expenses decrease of 74% to C$1.5M (expense), Share-based payments decrease of 69% to C$177K (expense), Management fees and salaries decrease of 15% to C$457K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $7.30M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$2.69M as of Dec 31, 2023 |
| Net annual income (TTM): | -$2.59M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$2.25M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 260,773,022 as of Feb 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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