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Stelmine Canada Ltd. (V:STH)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Suite 230
QUEBEC QC G1G 4C8
Tel: 1-877-2614466
Website: https://stelmine.com
IR: See website
Key People
Andre Proulx
Chairman of the Board
Isabelle Proulx
President, Chief Executive Officer, Corporate Secretary, Director
Friedrich Speidel
Vice President - Exploration
Business Overview
Stelmine Canada Ltd. is a Canada-based junior mining exploration company. The activities of the Company include the acquisition, exploration, production, development and operation of mining properties. Its properties include Courcy property, Mercator property, Joubert property, Trieste property and Ilnu property. The Courcy property comprises a total of 163 claims covering an area of 85 square kilometers (km2) located less than 100 kilometers (km) west of Fermont, Quebec. The Mercator property is located 76 km north-east from Courcy property. The property consists of a group of 1095 claims and totaling 561 km2. The Joubert property consists of 103 claims and covers an area of 55 km2. It is located 55 km north-east of the Renard diamond mine, which is accessible by Road 167, at the eastern contact of the Opinaca and La Grande sub provinces. The Trieste property consists of 14 claims having an area of 30 km2. The Ilnu property is located 70 km from Courcy property.
Financial Overview
For the six months ended 31 January 2024, Stelmine Canada Ltd revenues was not reported. Net loss decreased 10% to C$416K. Lower net loss reflects Professional fees decrease of 78% to C$41K (expense), Rent decrease from C$11K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $5.60M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$1.11M as of Jan 31, 2024
Net annual income (TTM): -$0.75M as of Jan 31, 2024
Free cash flow (TTM): -$1.48M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 101,909,380 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization