Sector: Energy | Industry: Uranium |
Company Contact | |
Address: | 82 Richmond Street E., 4th Floor TORONTO ON M5C 1P1 |
Tel: | N/A |
Website: | https://madisonmetals.ca |
IR: | See website |
Key People | ||
N/A |
Business Overview |
Madison Metals Inc. is a Canada-based upstream mining and exploration company focused on sustainable uranium production in Namibia and Canada. The Company is engaged in the business of exploring and developing mineral properties. The Company's exploration and evaluation assets comprise properties located in Kenora, Ontario (the Kenora Uranium Project) and Erongo Province, Namibia, Africa (the Rossing Project). The Company owns a 100% interest in the Richards Lake Uranium Project located around Kenora, Ontario. The Rossing North Uranium Project is located in the Erongo Province, Namibia, Africa. It owns an 85% undivided interest in Exclusive Prospecting Licenses (EPL) 8531 and 8115. These licenses are located in Erongo Uranium Province of Namibia, Africa, where Madison holds rights to EPL-7011 (85% interest). EPL-8531 is located approximately 50 kilometers (km) west of the Rossing Uranium Mine. EPL-8115 is located about 18 km southwest of the Rossing Uranium Mine. |
Financial Overview |
For the three months ended 29 February 2024, Madison Metals Inc revenues was not reported. Net loss decreased 55% to C$350K. Lower net loss reflects Share-based payments decrease of 81% to C$43K (expense), Investor relations decrease of 52% to C$123K (expense), General office expenses decrease of 75% to C$19K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.04 to -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $8.20M as of Feb 29, 2024 |
Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
EBITDA (TTM): | -$2.56M as of Feb 29, 2024 |
Net annual income (TTM): | -$4.37M as of Feb 29, 2024 |
Free cash flow (TTM): | -$1.58M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 27,869,817 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |