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

Business Focus: Shell Companies

Sector:  Financials Industry:  Holding Companies
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1810-1111 Georgia St W
VANCOUVER BC V6E 4M3
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 nine months ended 31 December 2018, Aston Bay Holdings Ltd revenues was not reported. Net loss increased from C$367K to C$1.6M. Higher net loss reflects Premiumon flow-through shares decrease of 81% to C$64K (income), Marketing increase of 100% to C$252K (expense), Filing and agency fees increase of 97% to C$37K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $2.98M as of Dec 31, 2018
Annual revenue (TTM): $0.00M as of Dec 31, 2018
EBITDA (TTM): -$1.06M as of Dec 31, 2018
Net annual income (TTM): -$2.05M as of Dec 31, 2018
Free cash flow (TTM): -$6.30M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 117,570,861 as of Mar 11, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization