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Val-d'Or Mining Corporation (V:VZZ)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 2864 Ch Sullivan
VAL-DOR QC J9P 0B9
Tel: N/A
Website: https://www.valdormining.com
IR: See website
Key People
Glenn J. Mullan
Chairman of the Board, President, Chief Executive Officer
Rico De Vega
Chief Financial Officer, Corporate Secretary
Christian Jens Zinke
Chief Operating Officer, Director
Business Overview
Val-d'Or Mining Corporation is a Canada-based junior natural resource issuer involved in the process of exploring and evaluating its mineral property assets. The Company focuses on the generation of new projects (project generator) and early-stage exploration. Its mineral interests range from precious and base metals to industrial and energy minerals. The Company holds a 100% interest in a group of grassroots properties located in Ontario and Quebec. Its Shoot-Out Prospect is the combination of two properties, Shoot-Out East and Shoot-Out West, and consists of about 62 claims located in the Raglan Belt of northern Quebec. Its Fortin Prospect is located in the central part of Ducros Township, approximately 80 kilometers (km) northeast of the City of Val-d'Or, Quebec, and consists of about five contiguous mining claims. It holds a 100% interest in a group of properties located in the Abitibi Greenstone Belt, which includes the Baden Prospect, Oregon Prospect, and Magoma Prospect.
Financial Overview
For the nine months ended 30 September 2023, Val-d'Or Mining Corp revenues increased from C$80K to C$191K. Net income totaled C$691K vs. loss of C$290K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Unrealized gains on investments increase from C$193K to C$1.1M (income), Share-based compensation decrease from C$131K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $3.57M as of Sep 30, 2023
Annual revenue (TTM): $0.28M as of Sep 30, 2023
EBITDA (TTM): -$0.65M as of Sep 30, 2023
Net annual income (TTM): $0.44M as of Sep 30, 2023
Free cash flow (TTM): -$1.04M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 84,757,681 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization