Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 510-1100 Melville Street VANCOUVER BC V6E 4A6 |
Tel: | 1-604-6872522 |
Website: | https://strategicmetalsltd.com |
IR: | See website |
Key People | ||
W. Douglas Eaton President, Chief Executive Officer, Director | Quinn Martin Chief Financial Officer | Glenn R. Yeadon Secretary, Director |
Business Overview |
Strategic Metals Ltd. is a Canada-based project generator. The Company's main business activity is the acquisition, exploration and evaluation of mineral properties located in Canada. As a project generator, the Company has assembled over 100 wholly owned mineral properties in Yukon Territory, northern British Columbia and western Northwest Territories. It has over 12 royalty interests, 18 projects under option to others, and a portfolio of more than 80 wholly owned projects. Its portfolio covers a suite of metals, including gold, silver, lead, zinc, copper, tin, tungsten, vanadium and lithium, and deposit types, such as porphyry, skarn, epithermal vein, orogenic gold, sedex, carbonate replacement and others. Its deposits include Casino, Wolverine, Wellgreen, Division Mountain, Klaza, Tiger, Osiris, Golden Revenue, Blende, Carmacks Copper, Logtung, Marg, Ice and others. Its subsidiaries include Rockhaven Resources Ltd. (Rockhaven) and GGL Resources Corp. (GGL). |
Financial Overview |
For the nine months ended 30 September 2023, Strategic Metals Ltd revenues was not reported. Net loss increased 20% to C$2.6M. Higher net loss reflects Equity Earnings -Before Taxes decrease from C$1.1M (income) to C$0K, UNREALIZED GAIN ON MARKETABLE SECUTIRTIE decrease from C$234K (income) to C$111K (expense), Unrealized foreign exchange gain and oth decrease from C$300K (income) to C$0K. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $7.89M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$2.32M as of Sep 30, 2023 |
Net annual income (TTM): | -$3.56M as of Sep 30, 2023 |
Free cash flow (TTM): | -$6.79M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 110,955,967 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |