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Vital Battery Metals Inc. (C:VBAM)

Business Focus: Diversified Mining

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