Sector: Basic Materials | Industry: Integrated Mining |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 904, 409 Granville Street VANCOUVER BC V6C 1T2 |
Tel: | N/A |
Website: | https://www.grouptenmetals.com |
IR: | See website |
Key People | ||
Gregory S. Johnson Chairman of the Board | Michael Victor Rowley President, Chief Executive Officer, Director |
Business Overview |
Group Ten Metals Inc. is an exploration-stage company. The Company is engaged in acquisition, exploration and development of mineral properties. It focuses on platinum group metals, nickel and copper exploration in the Yukon Territory and Alaska. It is also engaged in gold exploration at adjoining projects in Ontario, which include various zones of gold mineralization. Its Spy, Ultra and Catalyst/CKR claims total over 240 square kilometers in the Kluane Ultramafic Belt. Its Catalyst/CKR claims are positioned adjacent to Wellgreen Platinum's property to the northwest and southeast of Wellgreen's claims. Its Duke Island property consists of approximately 30 unpatented claims located south of Ketchikan in the Alexander Platinum Belt of south east Alaska. Its Drayton-Black Lake project covers over 7,970 contiguous hectares. Its Black Lake claims cover over 6,380 hectares and are located over 20 kilometers east of Sioux Lookout in Northwest Ontario. |
Financial Overview |
For the six months ended 30 September 2020, GroupTen Metals Inc revenues was not reported. Net lossincreased 88% to C$3.4M. Higher net loss reflectsExploration/Dry Hole Exp(Incl Write Off) increase fromC$1.2M to C$2.5M (expense), Share-based payment expenseincrease from C$93K to C$304K (expense), Professional Feesincrease from C$30K to C$76K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $52.35M as of Sep 30, 2020 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2020 |
EBITDA (TTM): | -$5.37M as of Sep 30, 2020 |
Net annual income (TTM): | -$5.26M as of Sep 30, 2020 |
Free cash flow (TTM): | -$5.85M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 145,636,071 as of Dec 29, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |