Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Unit 5, 1100 Russell Street THUNDER BAY ON P7B 5N2 |
Tel: | N/A |
Website: | https://www.wolfdenresources.com |
IR: | See website |
Key People | ||
Ronald N. Little President, Chief Executive Officer, Director | Lance Dyll Chief Financial Officer | Jeremy Ouellette Vice President - Project Development |
Business Overview |
Wolfden Resources Corporation is a Canada-based exploration and development company. The Company owns a 100% interest in the 7,135 acres Pickett Mountain Project in Maine, United States, which is an undeveloped VMS deposits in North America. The deposit is situated 85 kilometers (km) (53 miles) west of the Canadian (New Brunswick) border. It owns 100% interest in the Rice Island Ni-Cu-Co deposit in Manitoba. The property containing the flagship Rice Island deposit comprises 2,611 hectares and is located in the Snow Lake-Flin Flon greenstone belt, five km from Hudbay's Snow Lake concentrator and associated mining infrastructure. The Nickel Island Property comprises of 6,041 hectares and consists of four mineral claims (MB11932-MB11935) totaling 700 hectares and mineral exploration license (MEL No. 1044A) totaling 5,341 hectares. The Tetagouche property comprises approximately 16,000 hectares in the heart of the Bathurst Mining Camp in northeastern New Brunswick. |
Financial Overview |
For the fiscal year ended 31 December 2023, Wolfden Resources Corp revenues was not reported. Net loss increased 4% to C$2.8M. Higher net loss reflects Other income decrease of 99% to C$15K (income), Exchange loss/(gain) increase from C$201K (income) to C$71K (expense), Professional Fees increase from C$74K to C$177K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02. |
Employees: | 3 as of Dec 31, 2019 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.52M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$2.78M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.81M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2.48M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 164,817,648 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |