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Rainy Mountain Royalty Corp. (V:RMO)

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
Tel: N/A
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 2019, Rainy Mountain Royalty Corp revenues was not reported. Net loss decreased 62% to C$233K. Lower net loss reflects Consulting and director fees decrease of 80% to C$60K (expense), Share-based payments decrease from C$45K (expense) to C$0K, Marketing decrease from C$45K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $1.02M as of Jan 31, 2019
Annual revenue (TTM): $0.00M as of Jan 31, 2019
EBITDA (TTM): -$0.30M as of Jan 31, 2019
Net annual income (TTM): -$0.31M as of Jan 31, 2019
Free cash flow (TTM): -$0.38M as of Jan 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 54,445,963 as of Mar 5, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization