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Niobay Metals Inc. (V:NBY)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1111 Saint-Charles St W Suite 101
LONGUEUIL QC J4K 5G4
Tel: N/A
Website: https://niobaymetals.com
IR: See website
Key People
Serge Savard
Independent Chairman of the Board
Claude Dufresne
President, Chief Executive Officer, Director
Anthony Glavac
Chief Financial Officer
Jacquelin Gauthier
Vice President - Geology
Marc Pothier
Corporate Secretary
 
Business Overview
Niobay Metals Inc, formerly MDN Inc, is a Canada-based mineral exploration company. The Company's business consists of acquiring, exploring and evaluating mining properties. The Company is in the exploration and evaluation-stage. The Company holds interests in properties located in the regions of Quebec and Ontario in Canada, and in de Lake Victoria Goldfield in Tanzania in East Africa. It focuses on metals, with a specific interest for properties containing niobium. The Company holds interest in the James Bay Niobium property in Ontario, Canada. The Company also holds interest in Crevier Minerals Inc., which owns a niobium tantalum resource in Quebec, Canada, and the Ikungu and Ikungu East Gold properties in Tanzania.
Financial Overview
For the nine months ended 30 September 2019, Niobay Metals Inc revenues was not reported. Net loss increased 15% to C$1M. Higher net loss reflects Management and administration increase of 23% to C$556K (expense), Exploration and evaluation increase of 21% to C$350K (expense), Income related to flow-through shares decrease from C$26K (income) to C$0K. Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02.
Employees: 8 as of Dec 31, 2013
Reporting Currency: Canadian Dollars
Enterprise value: $20.30M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$1.74M as of Sep 30, 2019
Net annual income (TTM): -$1.67M as of Sep 30, 2019
Free cash flow (TTM): -$1.26M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 51,926,009 as of Dec 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization