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.

Murchison Minerals Ltd. (C:MUR)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 120 Adelaide St W Suite 2500
TORONTO ON M5H 1T1
Tel: N/A
Website: www.murchisonminerals.com
IR: See website
Key People
Jean-charles Potvin
Executive Chairman of the Board
Troy Boisjoli
President, Chief Executive Officer
Erik H. Martin
Chief Financial Officer, Corporate Secretary
John Shmyr
Vice President - Exploration
   
Business Overview
Murchison Minerals Ltd. is a Canada-based junior mining exploration company. The Company is focused on the exploration and development of its HPM nickel-copper-cobalt project in Quebec and its 100%-owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan. The HPM property is located south of the Petit-Lac-Manicouagan at approximately 290 kilometers (km) northeast of Baie-Comeau and 135 km south of Fermont. The property is associated with the Manicouagan Metamorphic Complex and hosts several nickel-copper-cobalt occurrences. The Company's Brabant Lake project is host to the Brabant-McKenzie volcanogenic massive sulfide (VMS) deposit. The project is located approximately 175 km northeast of La Ronge within various surrounding infrastructures, including provincial highway, grid power, water and service centers. The deposit contains zinc, copper, lead, silver, and gold resources of 2.1 million tons indicated and 7.6 million tons inferred.
Financial Overview
For the three months ended 31 March 2022, Murchison Minerals Ltd revenues was not reported. Net loss decreased 56% to C$558K. Lower net loss reflects Exploration expenses decrease of 80% to C$235K (expense), Interest Income increase of 20% to C$2K (income), Unrealized loss on marketable securities remaining flat at C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $13.59M as of Mar 31, 2022
Annual revenue (TTM): $0.00M as of Mar 31, 2022
EBITDA (TTM): -$4.44M as of Mar 31, 2022
Net annual income (TTM): -$4.05M as of Mar 31, 2022
Free cash flow (TTM): -$4.20M as of Mar 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 170,178,185 as of Apr 13, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization