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Surge Copper Corp. (V:SURG)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 888-700 West Georgia Street,
PO Box 10351
VANCOUVER BC V7Y 1G5
Tel: N/A
Website: https://www.surgecopper.com
IR: See website
Key People
Shane William Ebert
President, Vice President - Exploration, Director
Leif Nilsson
Chief Executive Officer, Director
Chantelle Collins
Chief Financial Officer
Mark Wheeler
Vice President, Projects
   
Business Overview
Surge Copper Corp. is a Canada-based company, which is advancing critical metals district in a developed region of British Columbia, Canada. The Company is engaged in the acquisition, exploration and development of mineral properties. The Company owns a 100% interest in the Ootsa Property, an advanced-stage exploration project containing the Seel and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa Property contains pit-constrained NI 43-101 compliant resources of copper, gold, molybdenum, and silver in the Measured, Indicated, and Inferred categories. It also has a 70% interest from Centerra Gold. The Company also has a 70% interest in the Berg Property from Centerra Gold. The Berg deposit contains pit constrained 43-101 compliant resources of copper, molybdenum, silver, and gold in the Measured, Indicated, and Inferred categories. Its wholly owned subsidiary is Ootsa Ventures Ltd.
Financial Overview
For the nine months ended 31 December 2023, Surge Copper Corp revenues was not reported. Net loss totaled C$991K vs. income of C$326K. Net loss reflects Share based payments increase from C$303K to C$973K (expense), Other income realization of flow-through decrease of 44% to C$765K (income), Professional fees increase from C$43K to C$97K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $24.21M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$3.96M as of Dec 31, 2023
Net annual income (TTM): -$3.43M as of Dec 31, 2023
Free cash flow (TTM): -$3.63M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 224,449,345 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization