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.

White Metal Resources Corp. (V:WHM)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 684 Squier St
THUNDER BAY ON P7B 4A8
Tel: N/A
Website: https://www.whitemetalres.com
IR: See website
Key People
Michael R. Stares
interim President and Chief Executive Officer
Nikolaos S. Tsimidis
Chief Financial Officer
Scott Jobin-Bevans
Vice President - Exploration, Director
Roland Russell Martel
Secretary, Director
   
Business Overview
White Metal Resources Corp. is a junior mineral exploration company. The Company is engaged in the acquisition, exploration and if warranted, development of mining properties in Canada. The Company holds interests in resource properties primarily located in Ontario. The Company's properties include Seagull/Disraeli and Manitouwadge PGE (Moshkinabi, Peacock Road and the Fairies Lake collectively the Property). Its Seagull/Disraeli Property consists of over 191 mineral claim units in the Anders Lake and Leckie Lake areas. The Manitouwadge PGE Property is located in northern Ontario approximately 32 kilometers east of Manitouwadge, Ontario. The Company hosts Dorothy-Dobie deposit, which is located along the Pickle Lake Deformation Zone. The Company also retains certain other Ontario mineral property interests, including the Kasagiminnis Lake Property, West Porcupine Project, Vanguard Property, Norton Lake Property, Pickle Lake East Property, Tilly Property, and Nighthawk Joint Venture.
Financial Overview
For the nine months ended 31 January 2020, White Metal Resources Corp revenues was not reported. Net loss increased from C$224K to C$452K. Higher net loss reflects Share-based payments increase from C$0K to C$71K (expense), Consulting increase from C$32K to C$83K (expense), Legal and Accounting increase of 88% to C$77K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $4.69M as of Jan 31, 2020
Annual revenue (TTM): $0.00M as of Jan 31, 2020
EBITDA (TTM): -$0.36M as of Jan 31, 2020
Net annual income (TTM): -$1.16M as of Jan 31, 2020
Free cash flow (TTM): -$0.77M as of Jan 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 73,439,640 as of Mar 9, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization