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 Ultra Club
$500/ 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.

Vulcan Minerals Inc. (V:VUL)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: 333 Duckworth Street
ST. JOHNS NL A1C 1G9
Tel: N/A
Website: https://vulcanminerals.ca
IR: See website
Key People
Patrick J. Laracy
President, Chief Executive Officer, Director
Gillianm Russell
Chief Financial Officer
 
Business Overview
Vulcan Minerals Inc. is a Canada-based precious and base metals exploration company, which is engaged in mineral exploration on properties in Newfoundland and Labrador. Its projects include Colchester, Gander Belt Gold, Red Cross Lake, South Voisey's Bay, Carbonear and Atlas Salt. The Colchester Copper Gold Project is in north-central Newfoundland. The Gander Belt Gold Project extends approximately 100 kilometers from the north coast of Newfoundland to the south-central part of the island. The Red Cross Lake project is located in central Newfoundland and comprises 102 claims approximately 2,550 hectares. Its South Voisey's Bay nickel-copper-cobalt project located in Labrador. The Project comprises three licenses containing a total of 30 claims. It also holds an interest in Atlas Salt Inc., which is carrying out a feasibility analysis on its Great Atlantic salt deposit in western Newfoundland, strategically located in the robust road de-icing market of eastern North America.
Financial Overview
For the nine months ended 30 September 2023, Vulcan Minerals Inc. revenues was not reported. Net loss decreased 75% to C$919K. Lower net loss reflects Dilution loss decrease of 94% to C$217K (expense), Share-based compensation decrease from C$756K (expense) to C$0K, Interest income increase from C$50K to C$183K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $14.57M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$0.54M as of Sep 30, 2023
Net annual income (TTM): $0.01M as of Sep 30, 2023
Free cash flow (TTM): -$0.95M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 129,309,265 as of Feb 6, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization