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Recharge Resources Ltd. (C:RR)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Royal Centre
Suite 1500; 1055 West Georgia St.
PO Box 11117
VANCOUVER BC V6E 4N7
Tel: 1-778-5885473
Website: https://recharge-resources.com
IR: See website
Key People
David Greenway
Chairman of the Board, Chief Executive Officer
Natasha Sever
Chief Financial Officer
 
Business Overview
Recharge Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on exploring and developing the production of high-value battery metals to create green, renewable energy. The Company's projects include Murray Ridge, Georgia Lake West and North Lithium, Pocitos 1, and Pocitos 2. The Company has a 100% interest in three mineral claims located in the Omineca Mining Division, British Columbia. The Murray Ridge property of the First Point Minerals, approximately 60 kilometers (km) northwest. Georgia Lake North & West lithium properties are contiguous and on trend with RockTech Lithium (RCK-CSE) Georgia Lake lithium property that is located approximately 160 km northeast of Thunder Bay within the Thunder Bay Mining Division and is host to a number of spodumene-bearing pegmatites. Pocitos 1 is an 800 hectares lithium brine project located in the Salar de Pocitos, in the lithium-rich Puna region of northwestern Argentina.
Financial Overview
For the nine months ended 30 September 2023, Recharge Resources Ltd revenues was not reported. Net loss increased from C$3.7M to C$7.5M. Higher net loss reflects Market awareness increase from C$901K to C$3.8M (expense), Consulting fee increase from C$75K to C$1M (expense), Professional fees increase from C$31K to C$151K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.39 to -C$0.24.
Reporting Currency: Canadian Dollars
Enterprise value: $4.08M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$10.33M as of Sep 30, 2023
Net annual income (TTM): -$10.23M as of Sep 30, 2023
Free cash flow (TTM): -$10.34M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 50,857,441 as of Jan 10, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization