Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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
Tel: N/A
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