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MaxTech Ventures Inc. (C:MVT)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 702 - 595 Howe Street
Tel: N/A
IR: See website
Key People
Business Overview
Maxtech Ventures Inc is a Canada-based company engaged in specialty mining and metals wholesale business sector. The Company is focused on the acquisition of international mineral properties, primarily on manganese mineral properties. The Company has project interests and partnerships in South America, Africa, India, the United States and Canada. The Company partners with Grupo Maringa Ferro-Liga, a Brazil-based company, which is the producer of high-grade manganese in South America; Sarawagi & Co. Pvt Ltd, an India-based company, which is a manganese mining company, and Green Energy Resources SARL, a Morocco-based company, focused on evaluation of African mining concessions. The Company holds interests in properties in Brazil and Zambia.
Financial Overview
For the nine months ended 30 April 2020, Maxtech Ventures Inc. revenues was not reported. Net loss increased from C$302K to C$936K. Higher net loss reflects Share-based compensation increase from C$0K to C$294K (expense), Consulting and management fees increase of 47% to C$257K (expense), Public relations and advertising increase from C$63K to C$128K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $6.68M as of Apr 30, 2020
Annual revenue (TTM): $0.00M as of Apr 30, 2020
EBITDA (TTM): -$0.99M as of Apr 30, 2020
Net annual income (TTM): -$1.48M as of Apr 30, 2020
Free cash flow (TTM): -$0.44M as of Apr 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 89,030,353 as of Sep 17, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization