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Scandium Canada Ltd. (V:SCD)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 410 Saint-Nicolas, Suite 236
MONTREAL QC H2Y 2P5
Tel: 1-416-8226483
Website: https://www.imperialmgp.com
IR: See website
Key People
Pierre Neatby
President, Chief Operating Officer, Director
Guy Bourassa
Chief Executive Officer
Isabelle Gauthier
Chief Financial Officer
Business Overview
Scandium Canada Ltd., formerly Imperial Mining Group Ltd., is a Canadian technology metals company focused on advancing its flagship Crater Lake scandium and rare earth projects in Quebec. It specializes in mining exploration for gold, base metal and technology metal mining sites located in Canada. It is focused on the advancement of its Crater Lake Scandium-REE project in Northeastern Quebec. It also holds gold properties in the Abitibi greenstone belt. Its Crater Lake Project is located about 200 kilometers (km) northeast of Schefferville, Quebec. The property consists of about 96 contiguous claims covering 47 square kilometers. Its Opawica Project is located about 20 km East of Desmaraisville and is accessible via Highway 113 going from Val-d'Or to Chibougamau, Quebec. The property consists of about 42 contiguous claims covering 23.45 square kilometers. Its La Ronciere Project is located about 35 km East of Desmaraisville. The property consists of about 45 contiguous claims.
Financial Overview
For the fiscal year ended 31 August 2023, Scandium Canada Ltd revenues was not reported. Net loss increased 49% to C$1.2M. Higher net loss reflects Professional fees increase of 83% to C$219K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $11.29M as of Aug 31, 2023
Annual revenue (TTM): $0.00M as of Aug 31, 2023
EBITDA (TTM): -$1.22M as of Aug 31, 2023
Net annual income (TTM): -$1.22M as of Aug 31, 2023
Free cash flow (TTM): -$3.54M as of Aug 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 216,372,826 as of Dec 29, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization