Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | Suite 1020, 800 Pender Street VANCOUVER BC V6C 2V6 |
Tel: | N/A |
Website: | https://fireweedmetals.com |
IR: | See website |
Key People | ||
Brandon Macdonald Chief Executive Officer, Director | Cindy Chiang Chief Financial Officer | Pamela O'hara Vice President - Sustainability | Penny Johnson Company Secretary |
Business Overview |
Fireweed Metals Corp. is a Canada-based mining exploration company. The Company is engaged in the acquisition and exploration of mineral assets. The Company operates three projects located in northern Canada, namely Macpass Zinc-Lead-Silver Project, Mactung Tungsten Project, and Gayna River Zinc-Gallium-Germanium Project. The Company owns 100% of the district-scale 940 square kilometer (km2) Macmillan Pass (Macpass) Project in Yukon, Canada. The Company owns a 100% interest in the 37.6 km2 Mactung Tungsten Project located adjacent to the Macmillan Pass Project. It owns 100% of the 128.75 km2 Gayna River Project located 180 kilometers (kms) north of the Macmillan Pass project. This Project is host to various mineralization, including critical minerals zinc, gallium, and germanium as well as lead and silver. |
Financial Overview |
For the nine months ended 30 September 2023, Fireweed Metals Corp revenues was not reported. Net loss increased from C$10.4M to C$26.1M. Higher net loss reflects Exploration and evaluation increase from C$10.6M to C$26.4M (expense), Share-based compensation increase from C$353K to C$1.5M (expense), Consulting and management increase of 69% to C$1.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.12 to -C$0.19. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $122.35M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$35.75M as of Sep 30, 2023 |
Net annual income (TTM): | -$29.24M as of Sep 30, 2023 |
Free cash flow (TTM): | -$31.95M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 148,382,269 as of Apr 19, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |