Sector: Energy | Industry: Uranium |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 650- 1021 West Hastings Street VANCOUVER BC V6E 0C3 |
Tel: | N/A |
Website: | www.virginiaenergyresources.com |
IR: | See website |
Key People | ||
Walter Coles Chairman of the Board, President, Chief Executive Officer | Andrew Macritchie Chief Financial Officer | Walter J. Coles Executive Vice President - Corporate Development | Neal Keesee Corporate Secretary, Director |
Business Overview |
Virginia Energy Resources Inc. is a Canada-based uranium development and exploration company. The Company is focused on the exploration and development of uranium deposits located in the southern part of the state of Virginia in the United States of America. The Company through its subsidiary, Virginia Uranium, Inc., owns 100% interest in the Coles Hill uranium development project in Virginia, United States of America. Virginia Uranium, Inc. controls the mineral rights, surface rights, and leasehold development and operating rights on the Coles Hill property. Coles Hill is located on gently rolling hills in Pittsylvania County, southern Virginia, in close proximity to established infrastructure and skilled labor. |
Financial Overview |
For the fiscal year ended 31 December 2021, Virginia Energy Resources Inc revenues was not reported. Net loss decreased 40% to $280K. Lower net loss reflects Professional and legal fees decrease of 60% to $173K (expense), Stock based compensation decrease from $85K (expense) to $0K, Public relations decrease of 15% to $1K (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $26.00M as of Dec 31, 2021 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2021 |
EBITDA (TTM): | -$0.40M as of Dec 31, 2021 |
Net annual income (TTM): | -$0.36M as of Dec 31, 2021 |
Free cash flow (TTM): | -$1.00M as of Dec 31, 2021 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 63,905,614 as of Dec 31, 2021 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |