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 |