Sector: Energy | Industry: Uranium |
Company Contact | |
Address: | 700- 1620 Dickson Avenue KELOWNA BC V1Y 9Y2 |
Tel: | N/A |
Website: | https://www.fissionuranium.com |
IR: | See website |
Key People | ||
Ross E. Mcelroy President, Chief Executive Officer, Director | Chris Sammartino Chief Financial Officer | Gary Haywood Vice President - Project Development |
Business Overview |
Fission Uranium Corp. is a Canada-based resource company. The Company's principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan's Athabasca Basin in Western Canada. The Company's primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan's Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan. |
Financial Overview |
For the fiscal year ended 31 December 2023, Fission Uranium Corp revenues was not reported. Net loss increased 2% to C$8.9M. Higher net loss reflects Research & Development Expense increase from C$236K to C$1.7M (expense), Share-based compensation increase of 29% to C$6.4M (expense), Wages, consulting and directors fees increase of 80% to C$2.8M (expense). |
Employees: | 17 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $799.06M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$12.27M as of Dec 31, 2023 |
Net annual income (TTM): | -$8.92M as of Dec 31, 2023 |
Free cash flow (TTM): | -$23.14M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 834,519,294 as of Apr 12, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |