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Nevada Clean Magnesium Inc. (V:NVM)

Business Focus: Integrated Mining

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for NVM within the last 6 months
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Company News

May 13, 2019 06:05 ET
Nevada Clean Magnesium Closes Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 13, 2019 – Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTCQB: MLYFF) (the “Company”) today announced that it has closed it non-brokered private placement for gross proceeds of $1,735,750.75 comprised of 34,715,000 Units (the “Unit”) at a price of $0.05 per Unit.
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May 10, 2019 03:05 ET
Nevada Clean Magnesium Announces Increase to Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA / TheNewswire / May 10, 2019 – Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTCQB: MLYFF) (the “Company”) today announced that it has increased its non-brokered private placement (the “Offering”) previously announced April 2nd, 2019 to $1,500,000.  The terms of the Offering will remain the same and is subject to the final approval of the TSX Venture Exchange.
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Valuation Ratios

Industry
Sector
Beta
-0.79
--
--
Price to Sales - TTM
--
12.51
6.89
Price to Book - most recent quarter
42.46
1.92
1.90
Price to Cash Flow per share - TTM
--
7.86
8.37
Price to Free Cash Flow per share - TTM
--
23.26
19.72
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Apr 30, 2019163,14020,443
Apr 15, 2019142,697125,011
Mar 31, 201917,686-42,878
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Integrated Mining

Western Magnesium Corp., formerly Nevada Clean Magnesium Inc., is a Canada-based company, which is engaged in the acquisition, exploration and development of mineral resource projects. The Company is engaged in the segment of exploration for and development of mineral property interests. Its properties include Silverado Property and Tami-Mosi Property. The Silverado property is situated at the southern end of the gold-rich Battle Mountain-Eureka Trend in Nevada. The Tami-Mosi property is located approximately eight miles southeast of Ely, in the Tamberlaine district, 9.2 miles north of the Taylor silver mine Nevada.

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