Canuc Resources Corporation (V:CDA*CA)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 25 Adelaide St E Suite 1612
Tel: N/A
IR: See website
Key People
Hubert J. Mockler
Executive Chairman of the Board, President
Christopher J. Berlet
Chief Executive Officer, Director
Artie Hao Li
Chief Financial Officer
Khadijah Samnani
Corporate Secretary
Business Overview
Canuc Resources Corporation is an exploration company focused on the acquisition, exploration and development of natural resource projects in the Americas. The Company has oil and gas assets in Texas, the United States. It is pursuing mineral exploration assets in North America. Its oil and gas assets include the Midtex Project, Texas. Its Nambija property is located in the eastern foothills of the Andes close to the Peruvian border and approximately 400 kilometers from Quito, the capital of Ecuador. It has approximately two contiguous mining concessions and over 630 mining rights within those two concessions. The mining concessions are known as Condominios Mineros Norte with an area of approximately 35.4 hectares, and Condominios Mineros Sur with an area of over 33.3 hectares. It has a working interest in approximately 2,000-acre Thompson project located in Stephens County Texas, and in approximately 14,570-acre Walker Buckler lease located in Shackelford County, Texas.
Financial Overview
For the three months ended 31 March 2020, Canuc Resources Corp revenues decreased 47% to C$25K. Net loss increased from C$92K to C$332K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Shareholder and investor relations increase from C$28K to C$163K (expense), Management fees and consulting increase of 96% to C$126K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $11.45M as of Mar 31, 2020
Annual revenue (TTM): $0.12M as of Mar 31, 2020
EBITDA (TTM): -$0.47M as of Mar 31, 2020
Net annual income (TTM): -$0.83M as of Mar 31, 2020
Free cash flow (TTM): -$0.75M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 76,939,150 as of Jul 27, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please subscribe. Our packages start at $1.00 plus tax for the first month.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.