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StrategX Elements Corp. (C:STGX)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: #514 - 55 Water Street
VANCOUVER BC V6B 1A1
Tel: N/A
Website: https://www.strategxcorp.com
IR: See website
Key People
Darren G. Bahrey
President, Chief Executive Officer, Director
Ke Feng Yuan
Chief Financial Officer, Corporate Secretary
 
Business Overview
StrategX Elements Corp. is a Canada-based exploration company. The Company is focused on the discovery of cobalt and associated energy transition metals in northern Canada. The Company's property portfolio of over five stand-alone projects is situated on the East Arm of the Great Slave Lake, Northwest Territories and on the Melville Peninsula, Nunavut. The Company has a 100% interest in Project 939 and EA South Project located in the Northwest Territory, Canada. Project 939 and EA South Project comprise approximately 12 prospecting permits (93,821 hectares) and over 16 mining claims (12,638 hectares). The Company staked over 13 claims, approximately 9,646 hectares located adjacent and outside of the Mel Project in the Melville Peninsula region of Nunavut, Canada. Its projects also include Project NagVaak, Nunavut, Canada, and Project Mel, Nunavut, Canada.
Financial Overview
For the fiscal year ended 31 December 2023, Strategx Elements Corp revenues was not reported. Net loss increased 19% to C$2.3M. Higher net loss reflects Accounting and auditing increase of 53% to C$43K (expense), Flow-through recovery decrease of 54% to C$10K (income), Foreign exchange (gain) loss increase from C$8K (income) to C$3K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.07.
Reporting Currency: Canadian Dollars
Enterprise value: $4.44M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.60M as of Dec 31, 2023
Net annual income (TTM): -$2.32M as of Dec 31, 2023
Free cash flow (TTM): -$0.70M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.31M as of Dec 31, 2023
Shares outstanding: 37,592,679 as of May 7, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization