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Vanadiumcorp Resource Inc. (V:VRB)

Business Focus: Uranium (NEC)

Sector:  Energy Industry:  Uranium
 
Company Contact
Address: 303-5455 West Boulevard
VANCOUVER BC V6M 3W5
Tel: N/A
Website: https://www.vanadiumcorp.com
IR: See website
Key People
Ian Mallory
Executive Chairman of the Board
Paul McGuigan
Interim Chief Executive Officer, Director
Stephen William Pearce
Chief Financial Officer, Corporate Secretary, Director
Gilles Dupuis
Chief Operating Officer, Director
Gilles Y. Champagne
Chief Technology Officer, Director
 
Business Overview
VanadiumCorp Resource Inc. is a Canada-based integrated mining and technology company. The Company and its subsidiaries are engaged in the acquisition, exploration, and development of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec that are prospective for vanadium, titanium, and iron. The Company is also engaged in research in novel hydrometallurgical processes for recovering vanadium, iron, and titanium products from various feedstocks (principally titanomagnetite) and industrial waste streams. The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada.
Financial Overview
For the fiscal year ended 31 October 2023, Vanadiumcorp Resource Inc revenues was not reported. Net loss increased 90% to C$1.7M. Higher net loss reflects Share-based compensation increase from C$0K to C$221K (expense), Management Fees increase from C$22K to C$208K (expense), Marketing and corporate development increase from C$14K to C$167K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $3.59M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$1.76M as of Oct 31, 2023
Net annual income (TTM): -$1.75M as of Oct 31, 2023
Free cash flow (TTM): -$2.69M as of Oct 31, 2023
Net Debt Last Fiscal Year: $0.26M as of Oct 31, 2023
Shares outstanding: 83,181,843 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization