Heritage Mining Ltd. (C:HML*CA)
Business Focus: Mining Support Services
| Sector: Basic Materials | Industry: Mining Support Services & Equipment |
| Company Contact | |
| Address: | 300-1055 West Hastings Street VANCOUVER BC V6E 2E9 |
| Tel: | N/A |
| Website: | https://heritagemining.ca |
| IR: | See website |
| Key People | ||
| Hermann Peter Schloo President, Chief Executive Officer, Director | Rachel Chae Chief Financial Officer | |
| Business Overview |
| Heritage Mining Ltd. is a Canada-based mineral exploration company. The Company is advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Company's Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. The Drayton-Black Lake project is located in the Kenora District in Northwestern Ontario approximately 25 kilometers (km) east of the town of Sioux Lookout, Ontario and approximately 350 km northwest of the city of Thunder Bay, Ontario. The property is approximately 15,257 hectares (ha). The Contact Bay project covers over 4,700 ha and is located approximately 14.5 km south of Dryden, Ontario and borders KG Exploration. The Company also has an option agreement to acquire a 100% interest in the Zarn Lake property contiguous with the Drayton - Black Lake Project. |
| Financial Overview |
| For the three months ended 31 March 2024, Heritage Mining Ltd revenues was not reported. Net loss increased from C$211K to C$500K. Higher net loss reflects Exploration expenditures increase from C$121K (income) to C$272K (expense), Consulting increase from C$4K to C$35K (expense), Professional fees increase of 74% to C$37K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.80M as of Mar 31, 2024 |
| Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
| EBITDA (TTM): | -$3.00M as of Mar 31, 2024 |
| Net annual income (TTM): | -$2.98M as of Mar 31, 2024 |
| Free cash flow (TTM): | -$1.90M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $0.00M as of Mar 31, 2024 |
| Shares outstanding: | 57,747,503 as of Mar 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.