Debut Diamonds Inc (C:DDI*CA)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 420-141 Adelaide St W
Tel: N/A
IR: See website
Key People
Christopher W. Meraw
Frank C. Smeenk
Chief Executive Officer, Managing Director
Rolland Russell Martel
Chief Financial Officer, Vice President, Secretary, Director
Business Overview
Debut Diamonds Inc. (Debut) is a junior mineral exploration company engaged in the acquisition, exploration and development of mineral properties in Canada. The Company is focused on exploration for diamond bearing kimberlite deposits in the James Bay Lowlands of Northern Ontario and gold exploration south of Timmins Ontario. The Company's operations consist of the exploration and evaluation of its various properties. The Company has joint ventures and owned properties, which include the MacFadyen Kimberlites and the Pele Mountain, Victor West, and Uniform Surround claim blocks adjoining the De Beers Canada Inc. (De Beers) Victor mine. The Company has an interest in certain contiguous unpatented mining claims in the Victor Area located to the west and north-west of the De Beers Victor mine. The Company's projects include Kyle, Wawa, Diagnos Initiative, Nakina project and Canada Chrome Corporation (CCC) Railway Corridor.
Financial Overview
For the three months ended 31 July 2019, Debut Diamonds Inc revenues was not reported. Net loss increased 73% to C$15K. Higher net loss reflects Insurance increase from C$2K to C$5K (expense), Professional Fees(1) increase of 31% to C$6K (expense), Filling Fees increase of 10% to C$2K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $1.62M as of Jul 31, 2019
Annual revenue (TTM): $0.00M as of Jul 31, 2019
EBITDA (TTM): -$0.06M as of Jul 31, 2019
Net annual income (TTM): -$0.06M as of Jul 31, 2019
Free cash flow (TTM): -$0.07M as of Jul 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 434,259,534 as of Jul 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization