Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 82 Richmond Street East TORONTO ON M5C 1P1 |
Tel: | 1-416-8681079 |
Website: | https://sokomanmineralscorp.com |
IR: | See website |
Key People | ||
Timothy Froude President, Chief Executive Officer, Director | Eric Myung Chief Financial Officer |
Business Overview |
Sokoman Minerals Corp. is a Canada-based exploration-stage company, which is focused on identifying, acquiring, and exploring mineral interests. The Company's projects include Moosehead, Crippleback, East Alder, Iron Horse, Grey River Gold, Kepenkeck Gold, Golden Hope-Kraken Pegmatite and Fleur de Lys. Moosehead Gold Property consists of 98 claims. The Crippleback is located in north-central Newfoundland. East Alder consists of 30 claims. The Iron Horse project is located approximately 120 km northeast of Labrador City, Labrador. The Fleur de Lys Project comprises over 1,891 claims (47,275 hectares) on the Baie Verte Peninsula of Newfoundland. The Grey River property in southern Newfoundland, consists of 324 claims (8,100 ha) in seven licenses, centered on the community of Grey River. The Golden Hope property is a 3,176-claim (79,400 hectares (ha)) 18 licenses, and is located in southwestern Newfoundland. The Kepenkeck Gold property (595 claims) in east-central Newfoundland. |
Financial Overview |
For the six months ended 31 December 2023, Sokoman Minerals Corp revenues was not reported. Net income totaled C$1.3M vs. loss of C$6.1M. Net income reflects Mineral exploration expenses decrease of 37% to C$3.4M (expense), Share-based payments decrease of 96% to C$11K (expense), Salaries and benefits decrease of 66% to C$18K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $7.91M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$7.61M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.63M as of Dec 31, 2023 |
Free cash flow (TTM): | -$7.91M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 286,506,282 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |