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Radisson Mining Resources Inc. (V:RDS)

Business Focus: Gold Mining

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