Torrent Capital Ltd. (V:TORR*CA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: Purdy's Wharf Tower 2
1969 Upper Water St Suite 2001
HALIFAX NS B3J 3R7
Tel: N/A
Website: www.metallumresourcesinc.com
IR: See website
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Key People
Phillip Armstrong
Chairman of the Board
Wade K. Dawe
Chief Executive Officer, Director
Robert D.B. Suttie
Chief Financial Officer
Business Overview
Torrent Capital Ltd, formerly Metallum Resources Inc, is a Canada-based company engaged in the acquisition, exploration and development of properties for the mining of precious and base metals. The Company's properties are in the exploration-stage. The Company has not generated any revenues.
Financial Overview
For the three months ended 31 March 2019, Torrent Capital Ltd revenues was not reported. Net income totaled C$705K vs. loss of C$1.7M. Net income reflects Unrealized gain (loss) on investments increase from C$1.9M (expense) to C$1.2M (income), Directors fees decrease of 26% to C$19K (expense), Gain on foreign exchange increase from C$0K to C$3K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.07 to C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Mar 31, 2019
EBITDA (TTM): -$1.07M as of Mar 31, 2019
Net annual income (TTM): $5.10M as of Mar 31, 2019
Free cash flow (TTM): $0.10M as of Mar 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 23,848,333 as of Mar 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization