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NOA Lithium Brines Inc. (V:NOAL)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 1250, 639 -5th Avenue SW
CALGARY AB T2P 0M9
Tel: N/A
Website: https://www.noalithium.com
IR: See website
Key People
N/A    
Business Overview
NOA Lithium Brines Inc. is a Canada-based lithium exploration and development company formed to acquire assets with significant resource potential. The Company has accumulated a portfolio of prospective projects at major lithium brine salars (salt lakes) and is focused on advancing its material projects: the Rio Grande Project, the Arizaro Project, and the Salinas Grandes Project. All the Company's claims are located in the South American Lithium Triangle and in Salta Province in northwest Argentina. The Company has a claim package portfolio totaling approximately 100,000 hectares (ha). The prospective areas on the Rio Grande salar include north, central (depth), south and southeast. The Salinas Grandes Project covers 9,200 ha in alluvial and salar. Salinas Grandes Project is about 40 kilometers (km) away from San Antonio de los Cobres railway station. The Company also owns a 100% interest in the Nevasca Project located on the Arizaro salar in Salta Province, Argentina.
Financial Overview
For the three months ended 31 March 2024, NOA Lithium Brines Inc revenues was not reported. Net loss increased 6% to C$3M. Higher net loss reflects Exploration expenditures increase from C$782K to C$1.6M (expense), Professional fees increase of 68% to C$149K (expense), Office and miscellaneous increase from C$47K to C$98K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $26.93M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$14.31M as of Mar 31, 2024
Net annual income (TTM): -$12.07M as of Mar 31, 2024
Free cash flow (TTM): -$12.68M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 128,544,444 as of Jun 24, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization