Multi-Metal Development Ltd. (V:MLY*CA)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 638 Millbank VANCOUVER BC V5Z 4B7 |
| Tel: | N/A |
| Website: | https://cumoco.com |
| IR: | See website |
| Key People | ||
| Shaun M. Dykes President, Chief Executive Officer, Director | Greg Powell Chief Financial Officer | Trevor Burns Vice President - Corporate Communications, Director |
| Business Overview |
| Multi-Metal Development Ltd is a Canada-based mining company. The Company's projects consist of CuMo Project in Idaho and Bleiberg Project in Austria. It operates in three geographical areas, being Canada, the United States and Austria. It owns a 100% of the CuMo Project, which is rich in molybdenum and also contains very significant credits of copper, silver, rhenium and potentially tungsten. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum; the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo Project is situated in south-central Idaho, approximately 15 miles northeast of the town of Idaho City. It consists of 105 unpatented mineral claims. The Company intends to acquire a 100% interest in approximately 116 mining concessions making up the Bleiberg Property, located in Austria. |
| Financial Overview |
| For the nine months ended 31 March 2023, Multi-Metal Development Ltd revenues was not reported. Net income totaled C$1.5M vs. loss of C$1.2M. Net income reflects Gain on sale of investments increase from C$0K to C$3.2M (income), Shareholder communications and regulator decrease of 56% to C$103K (expense), Interest expense and bank charges decrease of 7% to C$248K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $20.76M as of Mar 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Mar 31, 2023 |
| EBITDA (TTM): | -$2.32M as of Mar 31, 2023 |
| Net annual income (TTM): | $1.08M as of Mar 31, 2023 |
| Free cash flow (TTM): | -$2.05M as of Mar 31, 2023 |
| Net Debt Last Fiscal Year: | $11.14M as of Mar 31, 2023 |
| Shares outstanding: | 251,359,690 as of Mar 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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