Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 700-838 W Hastings Street VANCOUVER BC V6C 0A6 |
Tel: | N/A |
Website: | https://vitalbatterymetals.com |
IR: | See website |
Key People | ||
Adrian Lamoureux Chief Executive Officer, Director | Dong H. Shim Chief Financial Officer, Corporate Secretary |
Business Overview |
Vital Battery Metals Inc. is a Canada-based mineral exploration company. The Company is engaged in the development of strategic projects comprising battery, base and precious metals. The Company is working to advance its Sting Copper, Dickson Lake Lithium, Schofield Lithium, and its Vent Copper-Gold Projects. The Vent Copper Property is situated in the Alberni Mining District, located on Vancouver Island in southwest British Columbia, approximately 51 kilometers west of Port Alberni. The Vent Copper-Gold project covers 1,562 hectares in British Columbia. The Dickson Lake Lithium Project consists of 445 single-cell mining claims and 1 multi-cell mining claim totaling 464 units covering approximately 9,780 hectares and is located approximately 50km north of Terrace Bay, Ontario. The Schofield Lithium Project consists of 416 single-cell mining claims covering approximately 8,824 hectares and is located approximately 60km south of Hearst, Ontario. |
Financial Overview |
For the nine months ended 30 November 2023, Vital Battery Metals Inc revenues was not reported. Net loss increased from C$287K to C$836K. Higher net loss reflects Consulting fees increase from C$52K to C$110K (expense), Management fees increase from C$53K to C$108K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.02. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.92M as of Nov 30, 2023 |
Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
EBITDA (TTM): | -$2.16M as of Nov 30, 2023 |
Net annual income (TTM): | -$2.15M as of Nov 30, 2023 |
Free cash flow (TTM): | -$1.60M as of Nov 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 46,089,450 as of Feb 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |