Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 277 Lakeshore Rd E OAKVILLE ON L6J 6J3 |
Tel: | N/A |
Website: | www.canoemining.ca |
IR: | See website |
Key People | ||
Scott M. Kelly Chief Executive Officer, Director | Robert D.B. Suttie Chief Financial Officer |
Business Overview |
Canoe Mining Ventures Corp. is engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in Canada. The Company's primary focus is the exploration of its property in Northern Ontario, Canada, as well as the identification and evaluation of prospective opportunities of merit. The Company has a 100% interest in the Kerrs Gold Property, which consists of over 12 mining leasehold patents located in the Larder Lake Mining Division of Ontario. It also has an option to acquire a 100% interest in 87 mineral exploration claims in Butt Township, District of Nipissing in the Province of Ontario. |
Financial Overview |
For the nine months ended 30 September 2023, Canoe Mining Ventures Corp revenues was not reported. Net loss totaled C$87K vs. income of C$31K. Net loss reflects Gain on write-off of accounts payable decrease from C$131K (income) to C$0K, Office and rent and increase from C$4K to C$22K (expense), Transfer agent and filing fees increase from C$1K to C$15K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $0.83M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$0.12M as of Sep 30, 2023 |
Net annual income (TTM): | -$0.12M as of Sep 30, 2023 |
Free cash flow (TTM): | -$0.19M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 24,140,316 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |