Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 488 - 625 Howe Street, VANCOUVER BC V6C 2T6 |
Tel: | N/A |
Website: | https://www.opawica.com |
IR: | See website |
Key People | ||
Blake Morgan President, Chief Executive Officer, Director | Sandra Wong Chief Financial Officer, Corporate Secretary |
Business Overview |
Opawica Explorations Inc. is a Canada-based junior exploration company. The Company has a portfolio of precious and base metal properties within the Rouyn-Noranda region of the Abitibi gold belt in Quebec, and in central Newfoundland and Labrador. It owns a 100% interest in the Arrowhead, Bazooka East and McWatters claims located in northern Quebec, Canada. The Arrowhead property and Bazooka East property are subject to a 2% net smelter return (NSR) royalty. The nearest mine to Arrowhead Property is the Mouska mine located eight kilometers to the east. The Bazooka property is a 100% owned 1200 hectares (ha) land package. The McWatters property is subject to a 1% NSR royalty. It owns a 100% interest in 24 mineral claims located in Beauchastel Township, Quebec, collectively the Bazooka West property. The Company owns 906 claims, namely the Density, Eclipse and Mass properties. |
Financial Overview |
For the three months ended 30 November 2023, Opawica Explorations Inc. revenues was not reported. Net loss decreased 34% to C$104K. Lower net loss reflects General and administrative decrease of 56% to C$28K (expense), Management fees decrease of 36% to C$38K (expense), Rent decrease of 25% to C$6K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.04 to -C$0.01. |
Employees: | 2 as of Aug 31, 2005 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $0.80M as of Nov 30, 2023 |
Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
EBITDA (TTM): | -$0.66M as of Nov 30, 2023 |
Net annual income (TTM): | -$1.95M as of Nov 30, 2023 |
Free cash flow (TTM): | -$0.13M as of Nov 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 11,558,108 as of Nov 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |