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TRU Precious Metals Corp. (V:TRU)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 70 Trius Drive
FREDERICTON NB E3B 5E3
Tel: N/A
Website: https://www.trupreciousmetals.com
IR: See website
Key People
Olga Nikitovic
President, Chief Financial Officer
Joel Freudman
Chief Executive Officer, Director
 
Business Overview
TRU Precious Metals Corp. is a Canada-based company, which is engaged in natural resource property development and transactions. The Company is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt on its 100%-owned Golden Rose Project. Golden Rose is a regional-scale 264.25 square kilometers (km2) land package, including 45 kilometers (km) of strike length along the deposit-bearing Cape Ray-Valentine Lake Shear Zone, between Marathon Gold's Valentine Gold Project and Matador Mining's Cape Ray Gold Project. In addition, the Company has an option to acquire up to an aggregate 65% ownership interest in two claim packages covering 33.25 km2, including a 12 km strike length along the Shear Zone within Golden Rose.
Financial Overview
For the three months ended 31 March 2024, TRU Precious Metals Corp revenues was not reported. Net loss decreased 45% to C$201K. Lower net loss reflects Corporate communications and investor re decrease of 85% to C$10K (expense), Share-based compensation decrease from C$53K (expense) to C$2K (income), Exploration and evaluation expenses decrease of 33% to C$80K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.23M as of Mar 31, 2024
Annual revenue (TTM): $0.00M as of Mar 31, 2024
EBITDA (TTM): -$2.07M as of Mar 31, 2024
Net annual income (TTM): -$1.98M as of Mar 31, 2024
Free cash flow (TTM): -$1.77M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 162,841,322 as of Apr 11, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization