ValOre Metals Corp. (V:VO*CA)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 800 Pender St W Suite 1020
Tel: N/A
IR: See website
Key People
James R. Paterson
Chairman of the Board, Chief Executive Officer
Jeff Ward
Robert James Scott
Chief Financial Officer
Andrew Berry
Chief Operating Officer
Jeffrey Dare
Corporate Secretary
Business Overview
ValOre Metals Corp is a Canada-based company that is focused on the exploration and advancement of metals and mining projects. The Company's assets include Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake. The Pedra Branca Project is a Platinum Group Metals (PGM) District located in northeastern Brazil that comprises approximately 38 exploration licenses covering a total area of 38,940 hectares (96,223 acres). Angilak Property is a uranium resource located outside of Saskatchewan and covers approximately 1,05,280 hectares. Baffin Gold Property is comprised of consolidated mineral tenure approximately 230 km southwest of the community of Clyde River on Baffin Island, in the Qikiqtani region of Nunavut. It holds a 50% interest in the 1,31,412 hectares Genesis Property located northeast of Saskatchewan's Athabasca Basin. ValOre holds the Hatchet Lake Uranium Property, which covers approximately 13,711 hectares (33,880 acres).
Financial Overview
For the six months ended 31 March 2020, ValOre Metals Corp revenues was not reported. Net loss increased 73% to C$1.8M. Higher net loss reflects Exploration expenditures increase from C$389K to C$1M (expense), Travel and conference increase from C$31K to C$154K (expense), Professional fees increase from C$45K to C$116K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.02 to -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $24.59M as of Mar 31, 2020
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$4.99M as of Mar 31, 2020
Net annual income (TTM): -$5.02M as of Mar 31, 2020
Free cash flow (TTM): -$5.16M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 90,450,677 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization