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 |
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 |