Torrent Capital Ltd. (V:TORR*CA)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
 
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: https://torrentcapital.ca
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 2020, Torrent Capital Ltd revenues was not reported. Net loss totaled C$2.5M vs. income of C$705K. Net loss reflects Unrealized gain (loss) on investments decrease from C$1.2M (income) to C$3.2M (expense), Consulting and wages increase of 30% to C$114K (expense), Professional fees increase of 94% to C$9K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from C$0.03 to -C$0.11.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$0.83M as of Mar 31, 2020
Net annual income (TTM): $0.60M as of Mar 31, 2020
Free cash flow (TTM): $0.02M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 23,981,667 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization