Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 1240 789 W Pender St VANCOUVER BC V6C 1H2 |
Tel: | N/A |
Website: | https://www.btumetals.com |
IR: | See website |
Key People | ||
Paul Wood Chief Executive Officer, Director | Dennis Logan Chief Financial Officer | Bruce Durham Vice President - Exploration |
Business Overview |
BTU Metals Corp. is a Canada-based junior mining exploration company. The Company is focused on the Dixie Halo Project located in Red Lake, Ontario, immediately adjacent to the Great Bear Project. It is primarily engaged in the acquisition and development of exploration and evaluation assets in Canada and Ireland. The Company also has an option agreement with Kinross Gold Corporation to acquire an undivided 70% interest in over 757 (12 boundary cell mining claims, three multi-cell mining claims, and 742 single cell mining claims) mining claims covering approximately 16,410 hectares of land, located in the Kenora District of Ontario. |
Financial Overview |
For the nine months ended 31 January 2024, Btu Metals Corp revenues was not reported. Net loss decreased 5% to C$354K. Lower net loss reflects Management and Director Fees decrease of 2% to C$266K (expense), Recovery of flow-through premium increase of 35% to C$20K (income), Investor Relations decrease of 30% to C$11K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1.39M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
EBITDA (TTM): | -$0.60M as of Jan 31, 2024 |
Net annual income (TTM): | -$3.65M as of Jan 31, 2024 |
Free cash flow (TTM): | -$1.31M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 143,121,014 as of Jan 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |