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Sun Summit Minerals Corp. (V:SMN)

Business Focus: Diversified Mining

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