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Opawica Explorations Inc. (V:OPW)

Business Focus: Diversified Mining

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