Canuc Resources Corporation (V:CDA*CA)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 607 - 130 Queens Quay East
TORONTO ON M5A 3Y5
Tel: N/A
Website: https://canucresources.ca
IR: See website
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Key People
Christopher J. Berlet
President, Chief Executive Officer, Director
Hao Li
Chief Financial Officer
 
Business Overview
Canuc Resources Corporation is a junior resource company. The Company is focused on the exploration and development of Uranium and nuclear energy prospects. It focuses on its San Javier Silver-Gold Project in Sonora State, Mexico. The Company has interest in eight producing natural gas wells and has rights for further in field developments. The Company's San Javier Silver-Gold Project is comprised of 24 contiguous mineral claims located near the town of San Javier in Sonora State, Mexico. San Javier is located approximately 146 kilometers east of the State Capital, Hermosillo and is accessible by paved road. Its subsidiaries include Full Circle Energy Ltd, Midtex Oil & Gas Corporation, and Minera Stramin S. de R.L. de C.V.
Financial Overview
For the nine months ended 30 September 2023, Canuc Resources Corp revenues decreased 46% to C$125K. Net loss increased 68% to C$2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Investor and shareholder relations increase from C$149K to C$421K (expense), Evaluation costs increase of 28% to C$746K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $14.22M as of Sep 30, 2023
Annual revenue (TTM): $0.19M as of Sep 30, 2023
EBITDA (TTM): -$2.53M as of Sep 30, 2023
Net annual income (TTM): -$2.56M as of Sep 30, 2023
Free cash flow (TTM): -$2.83M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 160,006,150 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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