Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 66 Wellington Street West,, Suite 4100 TORONTO ON M5K 1B7 |
Tel: | N/A |
Website: | www.nuinsco.ca |
IR: | See website |
Key People | ||
Rene Real Galipeau Chairman of the Board | Paul L. Jones Chief Executive Officer, Director | Kyle Appleby Chief Financial Officer |
Business Overview |
Nuinsco Resources Limited is a Canada-based multi-commodity mineral exploration and development company focused on prospective opportunities in Canada and internationally. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals. It operates three properties in Ontario: the high-grade Sunbeam gold property near Atikokan optioned to First Class Metals PLC; the large multi-commodity (phosphate, rare earth element, niobi-um, tantalum) Prairie Lake project near Marathon-Terrace Bay, and the Zig Zag Lake property (lithium, tantalum) near Armstrong. In addition, it has an agreement for gold exploitation at the El Sid project in the Eastern Desert of Egypt. The Prairie Lake project is located near Marathon, Ontario consisting of nine claims comprising of 46 mining claims (27 single cell and 19 boundary cell mining claims), encompassing 608 ha. The Sunbeam Gold Property is located about 30 km northeast of Atikokan, north-western Ontario. |
Financial Overview |
For the fiscal year ended 31 December 2023, Nuinsco Resources Limited revenues was not reported. Net loss increased 94% to C$1.2M. Higher net loss reflects Purchased R&D Written Off increase from C$161K to C$730K (expense), General and administrative increase of 16% to C$578K (expense), Share-based payments increase from C$0K to C$48K (expense). |
Employees: | 9 as of Dec 31, 2013 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5.93M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.63M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.24M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.62M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $0.00M as of Dec 31, 2023 |
Shares outstanding: | 592,863,512 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |