Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 278 Bay Street, Suite 102 THUNDER BAY ON P7B 1R8 |
Tel: | N/A |
Website: | https://kesselrunresources.com |
IR: | See website |
Key People | ||
Michael Thompson P. Geo President, Chief Executive Officer, Director | Joao Da Costa Chief Financial Officer, Corporate Secretary, Director |
Business Overview |
Kesselrun Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on property acquisitions and discoveries. The Company's projects include Huronian Gold Project and Bluffpoint Gold Project. It holds a 100% interest in the Huronian Gold Project. The property is located in northwestern Ontario and covers approximately 4600 hectares. The Company holds a 100% interest in Bluffpoint Gold Project, which is located approximately 50 kilometers (km) from Rainy River Gold Mine. The property covers approximately 8900 hectares. It also has a 100% interest in four mineral claims adjacent to the Bluffpoint gold project located in Northwestern Ontario from two arm's length parties. |
Financial Overview |
For the three months ended 31 October 2023, Kesselrun Resources Ltd revenues was not reported. Net loss decreased 26% to C$148K. Lower net loss reflects Consulting decrease of 63% to C$20K (expense), Unrealized loss on marketable securities decrease of 38% to C$53K (expense), Office expenses decrease of 60% to C$2K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.22M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
EBITDA (TTM): | -$0.48M as of Jan 31, 2024 |
Net annual income (TTM): | -$0.69M as of Jan 31, 2024 |
Free cash flow (TTM): | -$0.55M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 94,071,837 as of Oct 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |