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 |
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 |