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Global Helium Corp. (C:HECO)

Business Focus: Non-Gold Precious Metals & Minerals (NEC)

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: 800,555-4th Ave SW
CALGARY AB T2P 3E7
Tel: N/A
Website: https://globalhelium.com
IR: See website
Key People
Jesse Griffith
President, Chief Executive Officer, Director
Tom Cross
Chief Financial Officer
Nathan Steinke
Chief Financial Officer
Duncan Mackenzie
Vice President - Exploration
Scott Reeves
Corporate Secretary
 
Business Overview
Global Helium Corp. is a Canada-based exploration and development company. The Company is focused on the exploration, acquisition, development and production of helium resources in North America and around the world. It has captured 100%-owned permits encompassing approximately 1.5 million acres prospective for helium in Saskatchewan's well-established helium fairway asset in the State of Montana. Its flagship project Global Helium has acquired a few helium exploration permits located in Saskatchewan's established non-combustible gas fairway. Global Helium's land position is in the heart of the known helium fairway with production, reserves and activity nearby. The permits total approximately 270,000 hectares (ha) 'or 668,000 acres with more exploration rights. Helium rights are issued in mineral leases from the Provincial Government in Saskatchewan & other Canadian Provinces. The Company holds approximately 35 helium exploration permits over certain lands in Saskatchewan.
Financial Overview
For the fiscal year ended 31 December 2023, Global Helium Corp. revenues was not reported. Net loss increased 2% to C$4.8M. Higher net loss reflects Exploration and evaluation expenditures increase from C$0K to C$987K (expense), Professional fees increase of 53% to C$218K (expense), Finance expense increase from C$5K to C$47K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.10.
Reporting Currency: Canadian Dollars
Enterprise value: $1.76M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$2.74M as of Dec 31, 2023
Net annual income (TTM): -$4.78M as of Dec 31, 2023
Free cash flow (TTM): -$5.12M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 47,736,060 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization