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.

Omineca Mining and Metals Ltd. (V:OMM)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 602- 224 4Th Ave South
SASKATOON SK S7K 5M5
Tel: N/A
Website: https://www.ominecaminingandmetals.com
IR: See website
Key People
N/A    
Business Overview
Omineca Mining and Metals Ltd. is a Canada-based junior gold company. The Company holds properties in British Columbia and the Yukon for the purpose of exploration and development of mineral resources. The Company's projects include Wingdam project, Fraser Canyon project and Mouse Mountain project. Its flagship Wingdam project is a gold exploration and placer recovery project. The project is located approximately 40 kilometers (km) west of Barkerville in the Cariboo Mining District of south-central BC. The Wingdam projects include mineral tenures totaling over 61,392 hectares and in excess of 15 linear kms of placer claims along the Lightning Creek valley. The Fraser Canyon Property is located 12 kms north of the city of Quesnel. The property consists of approximately 2,221 hectares of placer claims and leases and 1,221 hectares of mineral claims. The Company's Mouse Mountain Project in the province of British Columbia.
Financial Overview
For the nine months ended 30 September 2023, Omineca Mining and Metals Ltd revenues was not reported. Net loss increased 3% to C$1.6M. Higher net loss reflects Share-based payments increase of 34% to C$270K (expense), Interest Exp-Net of Capitalized Interest increase of 6% to C$613K (expense), Management Compensation increase of 17% to C$210K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $33.18M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$1.31M as of Sep 30, 2023
Net annual income (TTM): -$2.13M as of Sep 30, 2023
Free cash flow (TTM): -$1.79M as of Sep 30, 2023
Net Debt Last Fiscal Year: $8.20M as of Sep 30, 2023
Shares outstanding: 178,034,575 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization