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Red Moon Resources Inc. (V:RMK)

Business Focus: Construction Materials

Sector:  Basic Materials Industry:  Construction Materials
 
See Regulatory Filings on SEDAR
Company Contact
Address: 333 Duckworth St
ST. JOHNS NL A1C 1G9
Tel: N/A
Website: https://redmoonresources.com
IR: See website
Key People
Rowland Howe
President
Patrick J. Laracy
Chief Executive Officer, Director
Jennifer Button
Chief Financial Officer, Corporate Secretary
Business Overview
Red Moon Resources Inc is a Canada-based mineral exploration company. It is engaged in the acquisition, evaluation and exploration of mineral properties in Newfoundland and Labrador. The Company focuses on defining and developing a potash/salt deposit and on developing properties as joint ventures, bringing them into production, optioning or leasing properties to third parties, or selling the properties outright. The Company has approximately 20 mineral licenses, which consist of approximately 1,040 claims. The Company holds interests in Bay St. George mineral assets. It has interests in the Captain Cook Salt Project, which covers approximately 920 claims over 23,050 hectares in the Bay St. George Basin of Western Newfoundland, a sub-basin within the regional Maritimes Basin. Its Red Bay Nepheline Project is located in coastal southern Labrador, consisting of approximately 20 claims covering the surface occurrence of nepheline syenite along the southern Labrador highway.
Financial Overview
For the three months ended 31 March 2021, Red MoonResources Inc revenues was not reported. Net loss increasedfrom C$37K to C$232K. Higher net loss reflects Share-basedcompensation increase from C$6K to C$16K (expense),Transfer agent, regulatory and professio increase of 84% toC$12K (expense), Depreciation remaining flat at C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $51.99M as of Mar 31, 2021
Annual revenue (TTM): $0.00M as of Mar 31, 2021
EBITDA (TTM): -$0.38M as of Mar 31, 2021
Net annual income (TTM): -$0.38M as of Mar 31, 2021
Free cash flow (TTM): -$0.33M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 74,672,587 as of Jul 7, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization