Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | Suite 2905 - 700, West Georgia Street VANCOUVER BC V7Y 1C6 |
Tel: | N/A |
Website: | https://muskmetals.ca |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Musk Metals Corp. is a Canada-based exploration company, which is focused on the exploration and development of highly prospective, discovery-stage mineral properties. The Company is engaged in the acquisition, exploration, and development of the Elon Lithium Property in Abitibi greenstone belt, Quebec; the Lawyers Property in the Golden Triangle Region of British Columbia; Pluto Property in Chapais-Chibougamau Mining Camp, Quebec; Pontax Lithium Property in James Bay, Quebec, and Ile Interdite Property in James Bay, Quebec. The Company has a 100% interest in the prospective Elon Lithium property that spans over 245 hectares in the La Corne and Fiedmont townships of Quebec, approximately 40 kilometers north of the mining town of Val d'Or. The Lawyers East and West Property covers approximately 13,792 acres and is on trend with several mines found in the region. Pontax Lithium Property consists of approximately 105 claims covering 5,603 hectares (56 km2). |
Financial Overview |
For the nine months ended 31 December 2023, Musk Metals Corp revenues was not reported. Net loss increased 87% to C$673K. Higher net loss reflects Transfer agent and filing fees increase from C$9K to C$18K (expense), Professional fees increase of 60% to C$22K (expense), Corporate administration increase of 6% to C$26K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.02 to -C$0.03. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $0.98M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.63M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.06M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.74M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 24,789,776 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |