Rainy Mountain Royalty Corp. (V:RMO)

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Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 2489 Bellevue Ave
WEST VANCOUVER BC V7V 1E1
Tel: N/A
Website: www.rmroyalty.com
IR: See website
Key People
Douglas L. Mason
Chairman of the Board, Chief Executive Officer
Ronald Allan Coombes
President, Director
Sead Hamzagic
Chief Financial Officer, Director
Business Overview
Rainy Mountain Royalty Corp. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral resource properties. The Company explores for copper, zinc, nickel and precious metals in northwestern Ontario. The Company focuses on the platinum group metals in association with copper and nickel. Its Clay property consists of approximately 10 claims with an area of approximately 20 kilometers. Its Powell property consists of approximately 10 claims with an area of approximately 15 kilometers. Its Eva Kitto property consists of approximately 15 claims, and is located on the east side of Lake Nipigon near Beardmore, Ontario. Its Hamlin property consists of approximately five claims, and is located approximately 125 kilometers west of Thunder Bay, Ontario. Its Marshall Lake property is located in the Thunder Bay Mining Division, Ontario. Its Seagull property consists of approximately 20 claims. Its Max property consists of approximately 40 claims.
Financial Overview
For the nine months ended 31 January 2018, Rainy Mountain Royalty Corp revenues was not reported. Net loss increased 33% to C$608K. Higher net loss reflects Consulting fees increase from C$127K to C$309K (expense), Professional fees increase of 47% to C$83K (expense), Office and miscellaneous increase of 88% to C$45K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $0.96M as of Jan 31, 2018
Annual revenue (TTM): $0.00M as of Jan 31, 2018
EBITDA (TTM): -$1.14M as of Jan 31, 2018
Net annual income (TTM): -$1.10M as of Jan 31, 2018
Free cash flow (TTM): -$1.83M as of Jan 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 53,921,969 as of Jan 31, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization