Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 6153 Glendalough Pl VANCOUVER BC V6N 1S5 |
Tel: | N/A |
Website: | https://www.asiabasemetals.com |
IR: | See website |
Key People | ||
Raj Inder Chowdhry President, Chief Executive Officer, Interim Chief Financial Officer, Director | Terrylene Penstock Chief Financial Officer, Director |
Business Overview |
AsiaBaseMetals Inc. is a Canada-based mining company. The Company is focused on the exploration and development of metals, including precious metals, such as gold and silver; base metals, such as zinc, and alkali metals, which include cobalt and lithium. It has projects in North-Central Peru and British Columbia, Canada. The Gnome project comprises over 12 mineral claims in the heart of an area that is home to both the Cirque and the Cardiac Creek Deposits, which is located approximately 35 kilometers (km) southeast along with trend from Teck Resources Limited Cirque deposit and 15 km southeast of the Cardiac Creek deposit. The Company has an option agreement to acquire a 70% interest in the Paisano Gold Project, covering over 2,700 hectares in the prolific La Libertad Mining District, a district hosting several precious metals deposits, in North-Central Peru (the Property). The Property is in immediate proximity to various operating mines, including Lagunas Norte and La Arena. |
Financial Overview |
For the nine months ended 30 June 2023, Asiabasemetals Inc revenues was not reported. Net loss increased from C$196K to C$564K. Higher net loss reflects Share-based payments increase from C$0K to C$360K (expense), Office, administration and miscellaneous increase from C$3K to C$20K (expense), Property investigation increase of 68% to C$8K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.15M as of Jun 30, 2023 |
Annual revenue (TTM): | $0.00M as of Jun 30, 2023 |
EBITDA (TTM): | -$0.66M as of Jun 30, 2023 |
Net annual income (TTM): | -$0.65M as of Jun 30, 2023 |
Free cash flow (TTM): | -$0.01M as of Jun 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 49,402,871 as of Jul 27, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |