Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 889 West Pender, Suite 800 VANCOUVER BC V6C 3B2 |
Tel: | N/A |
Website: | https://sunsummitminerals.com |
IR: | See website |
Key People | ||
Sharyn A. Alexander President | Michael F. Provenzano Corporate Secretary |
Business Overview |
Sun Summit Minerals Corp. is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia (BC). The Company's diverse portfolio includes the Buck Project in central BC, and the JD Project in the Toodoggone region of north-central BC. The Buck Project is a 52,000-hectare (ha) tenure package, located approximately 10 kilometers (km) south of the town of Houston, 60 km southeast of the Smithers airport and is located west of the past producing Equity Silver Mine (Newmont) and north of the Huckleberry copper mine (Imperial Metals). The JD Project is located in the Toodoggone gold-copper district in north-central BC., a highly prospective, deposit-rich metallogenic belt. The 15,000 ha/150 square kilometers tenure package is located about 450 km northwest of the City of Prince George, and 25 km north of the Sturdee gravel airstrip. The JD Project is characterized by both high-grade epithermal gold and silver mineralization. |
Financial Overview |
For the fiscal year ended 30 November 2023, Sun Summit Minerals Corp revenues was not reported. Net loss decreased 23% to C$3.7M. Lower net loss reflects Exploration and evaluation decrease of 37% to C$2.8M (expense), Share-based payments decrease of 92% to C$19K (expense), Loss on investment in associate decrease from C$103K (expense) to C$0K. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8.58M as of Nov 30, 2023 |
Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
EBITDA (TTM): | -$3.94M as of Nov 30, 2023 |
Net annual income (TTM): | -$3.72M as of Nov 30, 2023 |
Free cash flow (TTM): | -$3.90M as of Nov 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 40,265,178 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |