Ad blocking detected

Thank you for visiting CanadianInsider.com. 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
JOIN THE CLUB

* 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.

ValOre Metals Corp. (V:VO)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 800 Pender St W Suite 1020
VANCOUVER BC V6C 2V6
Tel: N/A
Website: www.valoremetals.com
IR: See website
Key People
James R. Paterson
Chairman of the Board, Chief Executive Officer
Jeff Ward
President
Robert James Scott
Chief Financial Officer
Andrew Berry
Chief Operating Officer
Jeffrey Dare
Corporate Secretary
 
Business Overview
ValOre Metals Corp is a Canada-based company that is focused on the exploration and advancement of metals and mining projects. The Company's assets include Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake. The Pedra Branca Project is a Platinum Group Metals (PGM) District located in northeastern Brazil that comprises approximately 38 exploration licenses covering a total area of 38,940 hectares (96,223 acres). Angilak Property is a uranium resource located outside of Saskatchewan and covers approximately 1,05,280 hectares. Baffin Gold Property is comprised of consolidated mineral tenure approximately 230 km southwest of the community of Clyde River on Baffin Island, in the Qikiqtani region of Nunavut. It holds a 50% interest in the 1,31,412 hectares Genesis Property located northeast of Saskatchewan's Athabasca Basin. ValOre holds the Hatchet Lake Uranium Property, which covers approximately 13,711 hectares (33,880 acres).
Financial Overview
For the fiscal year ended 30 September 2019, ValOre Metals Corp revenues was not reported. Net loss increased 69% to C$3.9M. Higher net loss reflects Share-based compensation increase from C$506K to C$1.6M (expense), Exploration expenditures increase of 61% to C$1.1M (expense), Travel and conference increase from C$16K to C$121K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.09 to -C$0.08.
Reporting Currency: Canadian Dollars
Enterprise value: $27.71M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$3.80M as of Sep 30, 2019
Net annual income (TTM): -$3.86M as of Sep 30, 2019
Free cash flow (TTM): -$2.90M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 90,329,677 as of Feb 14, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization