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Quantum Cobalt Corp (C:QBOT)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 400-837 West Hastings Street
VANCOUVER BC V6C 3N6
Tel: N/A
Website: https://quantumbatterymetals.com
IR: See website
Key People
Andrew Sostad
Chief Executive Officer, Company Secretary, Director
Quinn Field-Dyte
Chief Financial Officer, Director
 
Business Overview
Quantum Battery Metals Corp. is a Canada-based company, which is in the process of identifying, exploring and developing mineral properties. The Company's mineral properties include Rabbit Cobalt Property; Kahuna Cobalt Property; Nipissing Lorain Property; Albanel Lithium Property; Kelso Lithium Property, and Lac Mistumis Lithium Property. The Albanel property is a lithium prospect with an approximate area of 2,751 hectares in the mining-friendly jurisdiction of Quebec. The Kelso property is a lithium prospect with an approximate area of 1,005 hectares in a mining-friendly jurisdiction of Quebec. The Lac Mistumis Lithium Property, located in the territory of Eeyou Istchee, James Bay, Northern Quebec, Canada. The Rabbit Cobalt Property is located 14 kilometers southeast of Temagami and 55 kilometers south of Cobalt, near the eastern border of Ontario. The property comprises 66 claim units. The Kahuna cobalt-silver property is located 37 kilometers south of Cobalt, Ontario.
Financial Overview
For the nine months ended 31 October 2023, Quantum Battery Metals Corp revenues was not reported. Net loss increased 40% to C$862K. Higher net loss reflects Consulting fees increase from C$50K to C$286K (expense), Advertising and promotion increase of 15% to C$398K (expense), Foreign exchange gain (loss) decrease from C$3K (income) to C$7K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $6.74M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$0.92M as of Oct 31, 2023
Net annual income (TTM): -$0.88M as of Oct 31, 2023
Free cash flow (TTM): -$1.03M as of Oct 31, 2023
Net Debt Last Fiscal Year: $0.63M as of Oct 31, 2023
Shares outstanding: 42,228,443 as of Nov 29, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization