Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | PO Box307 ROUYN-NORANDA QC J9X 5C3 |
Tel: | N/A |
Website: | https://www.radissonmining.com |
IR: | See website |
Key People | ||
Denis V. Lachance Chairman of the Board | Brett Richards President, Chief Executive Officer | Hubert Parent-Bouchard Chief Financial Officer |
Business Overview |
Radisson Mining Resources Inc. is a Canada-based gold exploration company. The Company is focused on its 100% owned O'Brien project, located in the Bousquet-Cadillac mining camp along the Larder-Lake-Cadillac Break in Abitibi, Quebec. The project hosts the former O'Brien Mine. It has a portfolio of two properties, covering a total area of approximately 7,481 hectares (ha) in the Abitibi-Temiscamingue and Nord-du-Quebec regions of Quebec, Canada. The O'Brien project is located in the Abitibi region in northwestern Quebec, on provincial highway 117, about halfway between the towns of Rouyn-Noranda and Val-d'Or. Its Douay property is located in the province of Quebec, in Douay and Vezza townships. The project lies about 35 kilometers southwest of the town of Matagami. The Company has a 100% interest in the property, which consists of 36 mining claims covering approximately 1,426.93 ha. The property is located in the north central part of the Abitibi Greenstone Belt. |
Financial Overview |
For the fiscal year ended 31 December 2023, Ressources Minieres Radisson Inc revenues was not reported. Net loss decreased 58% to C$835K. Lower net loss reflects Change in fair value of investments decrease of 90% to C$120K (expense), Salaries and employee benefits decrease of 40% to C$355K (expense), Interest income increase from C$64K to C$148K (income). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $47.57M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.43M as of Dec 31, 2023 |
Net annual income (TTM): | -$0.84M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2.64M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 320,514,956 as of Apr 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |