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Torrent Capital Ltd. (V:TORR)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1969 Upper Water Street
Suite 2001, Purdy's Wharf Tower ll
HALIFAX NS B3J 3R7
Tel: N/A
Website: https://torrentcapital.ca
IR: See website
Key People
Wade K. Dawe
Chief Executive Officer, Director
Robert Randall
Chief Financial Officer
Scott Gardner
Chief Investment Officer
Business Overview
Torrent Capital Ltd, formerly Metallum Resources Inc, is a Canada-based company engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. The Company's properties are in the exploration-stage. The Company has not generated any revenues.
Financial Overview
For the nine months ended 30 September 2020, TorrentCapital Ltd revenues was not reported. Net income increasedfrom C$1.8M to C$8M. Net income benefited from Realizedgain (loss) on investments increase from C$584K to C$5.3M(income), Unrealized gain (loss) on investments increasefrom C$1.6M to C$4.9M (income), Travel decrease of 61% toC$5K (expense). Basic Earnings per Share excludingExtraordinary Items increased from C$0.07 to C$0.33.
Reporting Currency: Canadian Dollars
Enterprise value: $12.96M as of Sep 30, 2020
Annual revenue (TTM): $0.00M as of Sep 30, 2020
EBITDA (TTM): -$0.92M as of Sep 30, 2020
Net annual income (TTM): $10.05M as of Sep 30, 2020
Free cash flow (TTM): $1.49M as of Sep 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 24,031,667 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization