Margaret Lake Diamonds Inc. (V:DIA*CA)

Business Focus: Diamond Mining

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: 1008 550 Burrard St.
VANCOUVER BC V6C 2B5
Tel: N/A
Website: https://margaretlakediamonds.com
IR: See website
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Key People
Neil Foran
President, Chief Executive Officer, Director
George Kovalyov
Chief Financial Officer, Director
Buddy James Doyle
Vice President of Exploration
Business Overview
Margaret Lake Diamonds Inc. is a Canada-based exploration stage company engaged in the acquisition and exploration of mineral resource properties located in Canada and the United States. The Company holds an 18.5-per-cent interest in the Diagras diamond project, Northwest Territories, property. The Diagras Property is located in the north-eastern part of the Lac de Gras kimberlite field, approximately 22 kilometers (km) north-north-east (NNE) of the Diavik diamond mine and 36 km east of the Ekati diamond mine in Northwest Territories (NWT), Canada.
Financial Overview
For the nine months ended 29 February 2024, Margaret Lake Diamonds Inc revenues was not reported. Net loss decreased 20% to C$1.2M. Lower net loss reflects Consulting decrease of 93% to C$35K (expense), Advertising and IR decrease of 94% to C$13K (expense), Professional fees decrease of 80% to C$44K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.65 to -C$0.25.
Reporting Currency: Canadian Dollars
Enterprise value: $0.65M as of Feb 29, 2024
Annual revenue (TTM): $0.00M as of Feb 29, 2024
EBITDA (TTM): -$0.38M as of Feb 29, 2024
Net annual income (TTM): -$1.36M as of Feb 29, 2024
Free cash flow (TTM): -$0.19M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 4,741,230 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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