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Steadright Critical Minerals Inc. (C:SCM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 216 - 1 Crescent Rd
HUNTSVILLE ON P1H 1Z6
Tel: N/A
Website: https://steadright.ca
IR: See website
Key People
John Morgan
President, Chief Executive Officer, Director
James Neville Fairbairn
Chief Financial Officer
Connor Pantaleo
Vice President - Communications
Dwayne Yaretz
Corporate Secretary
   
Business Overview
Steadright Critical Minerals Inc. is a mineral exploration company. The Company is engaged in exploration and evaluation of mineral properties. The Company holds an option on its RAM property near Port Cartier, Quebec within the Gaspe Bay Region, which is accessible by route 138. The RAM project is comprised of 4,201 acres and located on a Anorthositic complex that is in a highly prospective geological unit and has historically been under explored for Ni, Cu, Co and precious metals. The RAM Property is roughly 29 km southwest of Port-Cartier, Quebec. Its B2 Project is located in the core of the Lac-Saint-Jean Anorthosite Massif in the geological Grenville Province. The B2 Project presents typical facies of Anorthosite Complex borders composed of anorthosite in contact with a package of anorthositic leuco-gabbro, gabbronorite, norite an pyroxenite locally associated with dismembered, massive oxide layers (magnetite).
Financial Overview
For the nine months ended 31 December 2023, Steadright Critical Minerals Inc revenues was not reported. Net income totaled C$139K vs. loss of C$384K. Net income reflects Professional fees decrease of 94% to C$7K (expense), Share-based payment decrease from C$103K (expense) to C$0K, Office and general decrease of 8% to C$39K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.07 to C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $0.11M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.70M as of Dec 31, 2023
Net annual income (TTM): -$0.06M as of Dec 31, 2023
Free cash flow (TTM): -$0.39M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 8,326,558 as of Jan 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization