1844 Resources Inc. (V:EFF*CA)

Business Focus: Copper Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Suite 602 - 224 4th Avenue S.
SASKATOON SK S7K 5M5
Tel: N/A
Website: https://www.1844resources.com
IR: See website
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Key People
Sylvain Laberge
President, Chief Executive Officer, Director
Andrew Davidson
Chief Financial Officer, Corporate Secretary, Director
 
Business Overview
1844 Resources Inc. is a Canada-based exploration company with a focus on the metals and underexplored regions Gaspe, Nunavik, Quebec. The principal business of the Company is the identification, exploration, and development of mineral properties. Its projects include Vortex, Davidson, Native Copper, Lac Arsenault, and Lac Crystal. The Vortex project is a copper molybdenum exploration opportunity in the Gaspe region of Quebec and is the site of the former Gaspe Copper mine and smelter. The Davidson project is situated in the Chibougamau Region and is part of a 50/50% Joint Venture with J.A MacLeod Exploration. The Native Copper Project, situated west of the Municipality of Chandler, Quebec, is composed of 4 sectors Native Copper South, North-West, North-East and Central and has nine known indicators: Ruisseau Bleu, T.Nelson 1 and 2, Riviere St-Jean South, Route 102 S-W, Jean-Baptiste Beaudin, Ruisseau Cantin, Fer a Cheval 1 and 2, and Triangle d'Argent.
Financial Overview
For the three months ended 31 July 2024, 1844 Resources Inc revenues was not reported. Net loss decreased 15% to C$102K. Lower net loss reflects General and administrative decrease of 29% to C$30K (expense), Share-based compensation decrease from C$12K (expense) to C$0K, Property investigation costs decrease from C$1K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $1.76M as of Jul 31, 2024
Annual revenue (TTM): $0.00M as of Jul 31, 2024
EBITDA (TTM): -$0.66M as of Jul 31, 2024
Net annual income (TTM): -$0.76M as of Jul 31, 2024
Free cash flow (TTM): -$0.44M as of Jul 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 97,388,258 as of Jul 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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