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 |