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Tarku Resources Ltd. (V:TKU)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 602, 224, 4th Avenue S
SASKATOON SK S7K 5M5
Tel: N/A
Website: https://www.tarkuresources.com
IR: See website
Key People
Julien Davy
President, Chief Executive Officer, Director
Kyle Appleby
Chief Financial Officer, Director
Michel Lebeuf
Corporate Secretary
Business Overview
Tarku Resources Ltd is a Canada-based mining exploration company focused on advancing new discoveries in mining jurisdictions, including Quebec and Arizona. The Company holds 100% ownership of nine distinct exploration projects in Quebec, encompassing approximately 19,701 hectares (197 km2) as well as maintaining its full ownership of the Silver Strike project in Arizona, providing exposure to a diverse range of commodities such as gold, silver, copper, zinc, lithium, manganese, and nickel. Its Silver Strike project covers approximately 29 square kilometers (km2) situated within the Tombstone District. Its Calypso project is situated in the north-central part of the Abitibi Greenstone Belt. It is located between NTS Sheets 32F12 and 32F11, a mere 20 km south of Matagami, Quebec, and encompasses 42 claims, totaling 2,346 hectares. In addition, the Company owns the MAX Lithium project, located five km southwest of Sayona Mining's North American Lithium mine.
Financial Overview
For the three months ended 31 December 2023, Tarku Resources Ltd revenues was not reported. Net loss decreased 64% to C$286K. Lower net loss reflects Exploration costs decrease of 67% to C$215K (expense), Interest and accretion decrease of 87% to C$4K (expense), Share-based compensation decrease from C$27K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $3.26M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$1.15M as of Dec 31, 2023
Net annual income (TTM): -$0.85M as of Dec 31, 2023
Free cash flow (TTM): -$0.83M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 126,738,588 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization