Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 206 6025 12th Street S.E. CALGARY AB T2H 1K1 |
Tel: | N/A |
Website: | https://teras.ca |
IR: | See website |
Key People | ||
Joseph A. Carrabba President, Chief Executive Officer, Director | Kuldip C. Baid Chief Financial Officer |
Business Overview |
Teras Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in acquisition and exploration of mineral property interests in Montana, Nevada and Cahuilla in California. Its projects include Cahuilla Gold Project, Corral Canyon Gold project, Gold Point property, Superstition Mountain Gold Property, Sunny Slope and Watseca Mill Property. The Cahuilla Gold Project is located in Imperial County, California. The Corral Canyon Gold Project consists of two unpatented claims and is located in Churchill County, Nevada. The Gold Point property consists of eight unpatented claims, which is located in Sierra County, California. The Superstition Mountain Gold Property consists of six unpatented claims, which is located in Imperial County, California. The Sunny Slope gold mine consists of 16 unpatented claims, which is located in Mineral County, Nevada. The Watseca Mill Property is in Rochester Basin, Montana, which includes a mill site and 13 patented mining claims. |
Financial Overview |
For the nine months ended 28 February 2023, Teras Resources Inc revenues was not reported. Net loss decreased 96% to C$524K. Lower net loss reflects Impairments decrease from C$13M (expense) to C$0K, Stock-based compensation decrease of 93% to C$6K (expense), General and administrative decrease of 11% to C$430K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $0.64M as of Feb 28, 2023 |
Annual revenue (TTM): | $0.00M as of Feb 28, 2023 |
EBITDA (TTM): | -$0.77M as of Feb 28, 2023 |
Net annual income (TTM): | -$13.97M as of Feb 28, 2023 |
Free cash flow (TTM): | -$0.52M as of Feb 28, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 250,716,020 as of Feb 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |