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 |
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 |