Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 1200 - 1166 Alberni Street VANCOUVER BC V6E 3Z3 |
Tel: | 1-604-6382515 |
Website: | https://www.northisle.ca |
IR: | See website |
Key People | ||
Samuel Lee President, Chief Executive Officer, Director | Nicholas Van Dyk Chief Financial Officer, Company Secretary | Ian I. Chang Vice President - Project Development | Robin Tolbert Vice President - Exploration |
Business Overview |
Northisle Copper and Gold Inc. is a Canada-based mineral resource company. The Company is engaged in the exploration and development of its North Island Project on Vancouver Island. The North Island Project is located at the north end of Vancouver Island west of the town of Port Hardy B.C. The North Island Project consists of copper and gold porphyry deposits in Canada. The North Island Project covers approximately 34,000 hectares of block of mineral titles. The North Island project comprises Hushamu and Red Dog Deposits and six other partially explored porphyry mineral occurrences and related deposit types containing copper-gold-molybdenum-rhenium situated along the Northern Island Copper Belt on Vancouver Island, British Columbia. The Project runs approximately 50 kilometers (km) to the northwest of the reclaimed BHP Island Copper Mine. The Company's 100%-owned subsidiary is North Island Mining Corp. |
Financial Overview |
For the nine months ended 30 September 2023, Northisle Copper and Gold Inc revenues was not reported. Net loss decreased 33% to C$3.5M. Lower net loss reflects Other Non Operating I/E increase from C$751K to C$1.6M (income), Mineral property expenditures decrease of 14% to C$3.7M (expense), Interest income increase from C$0K to C$151K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02. |
Employees: | 10 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $126.95M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$7.46M as of Sep 30, 2023 |
Net annual income (TTM): | -$4.96M as of Sep 30, 2023 |
Free cash flow (TTM): | -$5.48M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 233,302,487 as of Mar 20, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |