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Scandium International Mining Corp. (T:SCY)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 2011 PHAETHON LN
RENO NV 89521
Tel: N/A
Website: https://scandiummining.com
IR: See website
Key People
Peter B. Evensen
President, Chief Executive Officer, Director
R. Christian B. Evensen
Chief Financial Officer, Director
John Thompson
Vice President, General Manager, Australia
Business Overview
Scandium International Mining Corp. is a mineral exploration and development company. The Company's advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km) northwest of Sydney, New South Wales (NSW), Australia and approximately 20 km due west from the town of Nyngan. The Company has a 100% interest in an exploration license (EL 7977) covering the Honeybugle Scandium property. The Honeybugle Scandium property covers over 34.7 square kilometers and is located 24 km from the Nyngan Scandium Project. The property includes four distinct magnetic anomalies: Seaford, Woodlong, Yarran Park and Mallee Valley. The Company's subsidiaries include EMC Metals Australia Pty. Ltd., EMC Metals USA Inc., Scandium International Mining Corp. Norway AS and others.
Financial Overview
For the fiscal year ended 31 December 2023, Scandium International Mining Corp revenues was not reported. Net income decreased 94% to $47K. Net income was partially offset by Exploration (recovery) increase from $1K (income) to $244K (expense), Salaries and benefits increase from $222K to $452K (expense), Foreign exchange gain (loss) decrease from $14K (income) to $3K (expense).
Employees: 5 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $5.72M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$1.24M as of Dec 31, 2023
Net annual income (TTM): $0.06M as of Dec 31, 2023
Free cash flow (TTM): -$1.14M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 355,860,813 as of Mar 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization