Sector: Basic Materials | Industry: Integrated Mining |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 15th Floor - 1040 West Georgia Street VANCOUVER BC V6E 4H1 |
Tel: | 1-604-6382515 |
Website: | www.northisle.ca |
IR: | See website |
Key People | ||
Samuel Lee President, Chief Executive Officer, Director | David M. Douglas Chief Financial Officer, Corporate Secretary | Nicholas Dyk Vice President of Corporate Development & Investor Relations | John A. McClintock Vice President - Exploration, Director |
Business Overview |
NorthIsle Copper and Gold Inc. is a Canada-based mineral exploration company. The Company is engaged in the exploration and development of its North Island Project on Vancouver Island. The North Island Project claims are located on northern Vancouver Island from 15 to 40 kilometers southwest of Port Hardy. This project contains various copper-gold porphyry systems. The primary metals in the North Island Project are gold, copper, molybdenum and rhenium. The project has approximately 300 mineral claims grouped in over three blocks referred to as the Hushamu claims, the Apple Bay claims and the Rupert Block. The North Island Project contains the Hushamu Deposit and over five other partially explored porphyry occurrences, including NW Expo, Hep, South MacIntosh, Pemberton Hills and Rupert. The deposit is situated approximately 30 kilometers from the reclaimed BHP Island Copper Mine within the Nanaimo Mining Division. |
Financial Overview |
For the nine months ended 30 September 2020,NorthIsle Copper & Gold Inc revenues decreased 98% to C$1K.Net loss increased 6% to C$284K. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Higher net lossreflects Share-based compensation increase of 72% to C$115K(expense), Wages increase of 27% to C$63K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $37.69M as of Sep 30, 2020 |
Annual revenue (TTM): | $0.04M as of Sep 30, 2020 |
EBITDA (TTM): | -$0.22M as of Sep 30, 2020 |
Net annual income (TTM): | -$0.21M as of Sep 30, 2020 |
Free cash flow (TTM): | -$0.36M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 146,419,194 as of Jan 7, 2021 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |