Manganese X Energy Corp. (V:MN)
Business Focus: Diversified Mining
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Company News
Sep 28, 2023 07:00 ET
RETRANSMISSION: Manganese X Energy's First High Purity Manganese Samples Ready for EV Compliant Testing
Montreal, Quebec--(Newsfile Corp. - September 28, 2023) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (OTC: MNXXF) ("Manganese X" or the "Company") is pleased to announce that its first high purity 99.95% Manganese Sulphate Monohydrate (HPMSM) samples are now ready for distribution to various Electric Vehicle Original Equipment Manufacturers (EV OEMs) and EV cell manufacturers. These samples are earmarked for comprehensive testing to ensure compliance with EV battery standards.
Sep 28, 2023 00:15 ET
Manganese X Energy's First High Purity Manganese Samples Ready for EV Compliant Testing
Montreal, Quebec--(Newsfile Corp. - September 28, 2023) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (OTC: MNXXF) ("Manganese X" or the "Company") is pleased to announce that its first high purity 99.95% Manganese Sulphate Monohydrate (HPMSM) samples are now ready for distribution to various Electric Vehicle Original Equipment Manufacturers (EV OEMs) and EV cell manufacturers. These samples are earmarked for comprehensive testing to ensure compliance with EV battery standards.
Valuation Ratios
Industry
Sector
Beta
0.60
--
--
Price to Sales - TTM
--
7.36
4.26
Price to Book - most recent quarter
3.97
1.84
1.84
Price to Cash Flow per share - TTM
--
8.85
8.68
Price to Free Cash Flow per share - TTM
--
15.19
16.35
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 20,071 | -82,700 |
| Aug 31, 2023 | 102,771 | -401,176 |
| Aug 15, 2023 | 503,947 | 496,203 |
Business Summary
| Sector: Basic Materials | Industry: Diversified Mining |
Manganese X Energy Corp. is a mining company. The Company is engaged in acquiring and advancing mining prospects located in North America with a focus on supplying value-added materials to the lithium-ion battery and other alternative energy industries. It operates through two segments: the acquisition and exploration of mineral property interests in Canada and technology development through its subsidiary Disruptive Battery Corp. (DBC), which includes a heating, ventilation and air conditioning (HVAC) system to respond to air quality needs. Its Battery Hill manganese property is located in the Canadian province of New Brunswick. The property consists of about 55 claims covering 1,228 hectares (ha) about five kilometers (km) northwest of the town of Woodstock in Carlton County, southwestern New Brunswick. Its Peter Lake property cover approximately 2568 ha located in the Mont-Laurier Terrane, in the Central Grenville Province, Quebec. It also owns Lac Aux Bouleaux property.
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