Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Nuinsco Resources Limited (C:NWI)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 66 Wellington Street West,, Suite 4100
TORONTO ON M5K 1B7
Tel: N/A
Website: www.nuinsco.ca
IR: See website
Key People
Rene Real Galipeau
Chairman of the Board
Paul L. Jones
Chief Executive Officer, Director
Kyle Appleby
Chief Financial Officer
Business Overview
Nuinsco Resources Limited is a Canada-based multi-commodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals. It operates three properties in Ontario: the high-grade Sunbeam gold property near Atikokan optioned to First Class Metals PLC; the large multi-commodity (phosphate, rare earth element, niobi-um, tantalum) Prairie Lake project near Marathon-Terrace Bay, and the Zig Zag Lake property (lithium, tantalum) near Armstrong. In addition, it has an agreement for gold exploitation at the El Sid project in the Eastern Desert of Egypt. The Prairie Lake project is located near Marathon, Ontario consisting of nine claims comprising of 46 mining claims (27 single cell and 19 boundary cell mining claims), encompassing 608 ha. The Sunbeam Gold Property is located about 30 km northeast of Atikokan, north-western Ontario.
Financial Overview
For the nine months ended 30 September 2023, Nuinsco Resources Limited revenues was not reported. Net loss increased 73% to C$446K. Higher net loss reflects General and administrative increase of 59% to C$465K (expense), Share-based payments increase from C$0K to C$48K (expense), Gain on settlement of debt decrease from C$8K (income) to C$0K.
Employees: 9 as of Dec 31, 2013
Reporting Currency: Canadian Dollars
Enterprise value: $2.89M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$0.74M as of Sep 30, 2023
Net annual income (TTM): -$0.83M as of Sep 30, 2023
Free cash flow (TTM): -$0.90M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.01M as of Sep 30, 2023
Shares outstanding: 592,863,512 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization