Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 1600 - 925 West Georgia Street VANCOUVER BC V6C 3L2 |
Tel: | N/A |
Website: | https://afrnuventure.com |
IR: | See website |
Key People | ||
John Frederick O'donnell Chairman of the Board, President, Chief Executive Officer | Errol Farr Chief Financial Officer, Corporate Secretary |
Business Overview |
AFR Nuventure Resources Inc. is a Canada-based mineral exploration company. The Company's principal business activity is the exploration and evaluation of mineral assets. The Company intends to hold a 51% interest in Silver Bell - St. Lawrence Gold Project, in the Virginia City Mining District of Montana, United States. The Company also intends to hold to acquire up to a 100% interest in a group of exploration properties located in southwest New Brunswick (the Edge Properties). The Silver Bell - St. Lawrence Gold Project hosts two past producing gold-silver mines, the Silver Bell Mine in the west and the St. Lawrence Mine on the east. It comprises a 390-acre claim package located about four miles southwest of Virginia City in Madison County, Montana, and about 50 miles southeast of Butte, Montana. It holds mineral exploration license at Mary Anns Lake project, which comprises 14 claims, each claim being 16 hectares (ha) for a total area of 224 ha (560 acres). |
Financial Overview |
For the nine months ended 29 February 2024, AFR Nuventure Resources Inc revenues was not reported. Net loss decreased 36% to C$275K. Lower net loss reflects Exploration and project evaluation decrease from C$146K (expense) to C$0K, Otr SGA decrease of 33% to C$141K (expense), Advertising Expenses decrease of 72% to C$3K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
EBITDA (TTM): | -$0.38M as of Feb 29, 2024 |
Net annual income (TTM): | -$0.39M as of Feb 29, 2024 |
Free cash flow (TTM): | -$0.41M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 18,038,681 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |