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Strategic Metals Ltd. (V:SMD)

Business Focus: Diversified Mining

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