New Age Metals Inc. (V:NAM*CA)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 101-2148 38th Ave W
VANCOUVER BC V6M 1R9
Tel: N/A
Website: https://newagemetals.com
IR: See website
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Key People
Harry G. Barr
Chairman of the Board, Chief Executive Officer
Robert Guanzon
Chief Financial Officer
 
Business Overview
New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration and development of green metal projects in North America. It has two divisions: Platinum Group Element division and Lithium/Rare Element division. Platinum Group Element division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, which is a North America's undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. In addition to River Valley, the Company owns 100% of the Genesis PGE-Cu-Ni Project in Alaska. Lithium/Rare Element division is a mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements, such as tantalum, rubidium, and cesium. Its Lithium Project includes Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithium East Extension and Cat Lake Lithium Project.
Financial Overview
For the nine months ended 31 January 2024, New Age Metals Inc revenues was not reported. Net loss increased 11% to C$640K. Higher net loss reflects exploraton and development segment loss increase from C$250K to C$729K.
Reporting Currency: Canadian Dollars
Enterprise value: $5.62M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$0.90M as of Jan 31, 2024
Net annual income (TTM): -$0.71M as of Jan 31, 2024
Free cash flow (TTM): -$1.64M as of Jan 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 222,137,002 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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