Wealth Minerals Ltd. (V:WML)
Business Focus: Specialty Mining & Metals (NEC)
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
| Company Contact | |
| Address: | 2710 200 Granville Street VANCOUVER BC V6C 1S4 |
| Tel: | N/A |
| Website: | https://wealthminerals.com |
| IR: | See website |
| Key People | ||
| Hendrik Van Alphen Chief Executive Officer, Director | Sead Hamzagic Chief Financial Officer | Marla K. Ritchie Corporate Secretary |
| Business Overview |
| Wealth Minerals Ltd. is a Canada-based mineral resource company. The principal business activity of the Company is the exploration for minerals and the development of exploration and evaluation assets, primarily in Chile, Canada, Peru, and Mexico. Its projects include the Atacama Lithium Project, the Kuska Salar Project, and the Kootenay Project. The Atacama Salar project covers an area of approximately 46,200 hectares (ha) located in the northern part of Atacama Salar, in Region II of Chile. The concessions are adjacent to highway 23, which connects northern Chile with Argentina. The Kuska project consists of 8,000 hectares located in northern Chile, Region II, near the Chile-Bolivia border and approximately 200 kilometers (km) due north from Atacama. It also holds 2,500 ha of license area adjacent to the Kuska Project in the Ollague Salar in Chile. Its Kootenay project comprises two separate claim blocks: Ledgend, totaling 1728 hectares, and Lardeau-Goldsmith, covering 6918 hectares. |
| Financial Overview |
| For the three months ended 29 February 2024, Wealth Minerals Ltd revenues was not reported. Net loss decreased 14% to C$2.3M. Lower net loss reflects Share-based payments decrease of 50% to C$972K (expense), Travel and promotion decrease of 40% to C$59K (expense), Shareholders communications decrease of 19% to C$123K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $56.63M as of Feb 29, 2024 |
| Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
| EBITDA (TTM): | -$10.21M as of Feb 29, 2024 |
| Net annual income (TTM): | -$10.06M as of Feb 29, 2024 |
| Free cash flow (TTM): | -$7.44M as of Feb 29, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 325,855,941 as of Feb 29, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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