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Vertical Exploration Inc. (V:VERT.H)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 789 West Pender Street, Suite 1240
VANCOUVER BC V6C 1H2
Tel: N/A
Website: https://vertxinc.com
IR: See website
Key People
Peter P. Swistak
President, Chief Executive Officer, Company Secretary, Director
Seung Oh
Chief Financial Officer, Director
 
Business Overview
Vertical Exploration Inc. is a junior mining company with exploration and evaluation assets in Canada. The Company is engaged in identifying, acquiring, and advancing mining prospects located in North America for the benefit of its stakeholders. The Company's flagship asset, the St-Onge Wollastonite property, is located 40 kilometers north of the small town of St-Ludger-de-Milot and some 90km northwest of the city of Saguenay, in St-Onge township, in the Saguenay-Lac-St-Jean region of Quebec Province. The two Quebec properties held by the Company are in the region surrounding the Company's St-Onge project are the La Petite Riviere Peribonka and Menard Wollastonite claims located just north of Lac-Saint-Jean, consisting of a total of 35 mining titles; and the Le Grand Etang Block claims, consisting of 11 mining titles. The Company has an option agreement to earn a 100% interest in over four strategic wollastonite properties, including two located near the St-Onge Wollastonite project.
Financial Overview
For the nine months ended 30 November 2023, Vertical Exploration Inc revenues was not reported. Net loss increased 36% to C$653K. Higher net loss reflects Share-based payments increase of 48% to C$163K (expense), Depreciation increase from C$6K to C$42K (expense), Professional fees increase of 21% to C$66K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $7.33M as of Nov 30, 2023
Annual revenue (TTM): $0.00M as of Nov 30, 2023
EBITDA (TTM): -$0.56M as of Nov 30, 2023
Net annual income (TTM): -$0.73M as of Nov 30, 2023
Free cash flow (TTM): -$1.44M as of Nov 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 146,904,053 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization