Aston Bay Holdings Ltd. (V:BAY*CA)

Business Focus: Shell Companies

Sector:  Financials Industry:  Holding Companies
 
See Regulatory Filings on SEDAR
Company Contact
Address: 80 Richmond St W Suite 303
TORONTO ON M5H 2A4
Tel: N/A
Website: https://astonbayholdings.com
IR: See website
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Key People
Thomas David Ullrich
Chief Executive Officer, Director
Dwight Walker
Chief Financial Officer, Corporate Secretary
 
Business Overview
Aston Bay Holdings Ltd. is an exploration-stage company. The Company is a mineral exploration and development company involved in the acquisition and exploration of resource properties located in North America. The Company is engaged in copper and zinc exploration, and is focused on advancing its Storm Copper project. The Storm Copper project is located approximately 112 kilometers south of the community of Resolute Bay, Nunavut on northwest Somerset Island, Canada. The Storm Copper project consists of approximately 73 claims, including 16 active prospecting permits and 57 mineral claims, covering an area of approximately 395,000 hectares. The Company has not commenced commercial operations. Aston Bay Ventures Ltd. is the Company's subsidiary.
Financial Overview
For the six months ended 30 September 2018, Aston Bay Holdings Ltd revenues was not reported. Net loss increased from C$40K to C$402K. Higher net loss reflects Premiumon flow-through shares decrease of 81% to C$64K (income), Marketing increase from C$25K to C$113K (expense), Stock-based compensation increase of 68% to C$62K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.15M as of Sep 30, 2018
Annual revenue (TTM): $0.00M as of Sep 30, 2018
EBITDA (TTM): -$1.08M as of Sep 30, 2018
Net annual income (TTM): -$1.16M as of Sep 30, 2018
Free cash flow (TTM): -$5.78M as of Sep 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 117,570,861 as of Sep 30, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization