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Sirios Resources Inc. (V:SOI)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 1400 Marie-Victorin, bureau 210
SAINT-BRUNO-DE-MONTARVILLE QC J3V 6B9
Tel: N/A
Website: https://sirios.com
IR: See website
Key People
Robert Menard
Chairman of the Board
Dominique Doucet
President, Chief Executive Officer, Director
Frederic Sahyouni
Chief Financial Officer, Secretary
Business Overview
Sirios Resources Inc. is a Canada-based mineral exploration company. The Company is focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada. Its projects include Cheechoo, Aquilon, Maskwa, Li-52, Niska and Tilly 2. The Cheechoo gold project is located in the Eeyou Istchee James Bay region of Quebec, less than 15 kilometers (km) from Newmont's Eleonore gold mine. The property consists of a main block of 121 claims, as well as a secondary block of 35 claims located about 20 km to the west. The Aquilon project covers 68 km2 of the Aquilon greenstone belt, in the La Grande subprovince of Quebec. The Maskwa gold project is located approximately 100 km southwest of Radisson and approximately 120 km east of Wemindji in Eeyou Istchee Baie-James, Quebec. The Li-52 property, located in Eeyou Istchee Baie-James, is made up of 550 claims covering an area of more than 286 square kilometers (km2).
Financial Overview
For the six months ended 31 December 2023, Sirios Resources Inc revenues was not reported. Net loss increased 67% to C$1.1M. Higher net loss reflects Salaries and employee benefits expenses increase of 98% to C$346K (expense), Change in fair value of listed shares increase from C$8K to C$99K (expense), Professional fees increase of 46% to C$121K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $18.53M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$1.18M as of Dec 31, 2023
Net annual income (TTM): -$0.11M as of Dec 31, 2023
Free cash flow (TTM): -$1.58M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 281,083,134 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization