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Skeena Resources Limited (V:SKE)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 650, 1021 West Hastings Street
Tel: N/A
IR: See website
Key People
Ronald K. Netolitzky
Independent Chairman of the Board
Walter J. Coles
President, Chief Executive Officer, Director
Andrew MacRitchie
Chief Financial Officer, Corporate Secretary
Paul Geddes
Vice President - Exploration
Justin R. Himmelright
Vice President - Sustainability
Business Overview
Skeena Resources Limited is a mineral exploration-stage company. The Company's principal business activity is the exploration of mineral properties. It owns or controls various properties in northwest British Columbia, including its interest in the Spectrum gold property (Spectrum Property); an option to acquire interest in the GJ copper and gold property (GJ Property), and an option to earn interest in the past-producing Snip gold mine (Snip). Its approximately 3,580-hectare Spectrum Gold property is situated over 40 kilometers west of Imperial Metals' Red Chris Mine. The property contains approximately 10 occurrences of sulfide-gold and gold-copper mineralization. The GJ property consists of approximately 80 mineral claims totaling over 37,510 hectares and is located adjacent to the eastern boundary of its Spectrum project. Its Snip gold mine located in northwest British Columbia consists of a mining lease and over four mineral tenures totaling approximately 1,930 hectares.
Financial Overview
For the nine months ended 30 September 2019, Skeena Resources Ltd revenues was not reported. Net loss increased 25% to C$13.6M. Higher net loss reflects Impairment of Fixed Assets increase from C$1.3M to C$3.3M (expense), Loss (gain) on marketable securities decrease from C$333K (income) to C$358K (expense), Share-based payments increase of 52% to C$1.8M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $127.24M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$13.95M as of Sep 30, 2019
Net annual income (TTM): -$18.20M as of Sep 30, 2019
Free cash flow (TTM): -$11.44M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 123,391,872 as of Dec 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization