Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 200 Burrard Street, Suite 650 VANCOUVER BC V6C 3L6 |
Tel: | N/A |
Website: | www.racklametals.com/s/home.asp |
IR: | See website |
Key People | ||
Bruce Smith President, Director | Simon T. Ridgway Chief Executive Officer, Director | Kevin Bales Chief Financial Officer |
Business Overview |
Rackla Metals Inc. is a Canada-based junior gold exploration company. The Company is engaged in the acquisition and exploration of mineral properties. The Company's properties include Northwest Territories Properties and Rivier Property. It stakes three claim groups targeting gold mineralization within the extension of the Tombstone Gold Belt in the Northwest Territories, Canada, which includes RAK Main, Jos and Cinnabar Projects. The staking includes 14 claims covering approximately 11,500 hectares. The Rivier Property consists of approximately 116 claims owned by the Company. The Rivier Property is located approximately 90 kilometers southeast of Ross River, Yukon and covers lode gold mineralization of the Motherlode type. Its project also includes Astro Project, SER Property and Excite Property. The Company also has a property option agreement to purchase a 100% interest in the Astro gold project in the Northwest Territories. |
Financial Overview |
For the nine months ended 30 September 2023, Rackla Metals Inc revenues was not reported. Net loss increased from C$1.5M to C$4M. Higher net loss reflects Exploration and evaluation of minal property segment loss increase from C$244K to C$4M. Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.04 to -C$0.07. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $7.70M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$5.24M as of Sep 30, 2023 |
Net annual income (TTM): | -$4.19M as of Sep 30, 2023 |
Free cash flow (TTM): | -$4.32M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 71,380,686 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |