Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
Company Contact | |
Address: | 696 rue Monfette Est THETFORD MINES QC G6G 7G9 |
Tel: | N/A |
Website: | https://mazarin.ca |
IR: | See website |
Key People | ||
John Leboutillier Chairman of the Board | Guy Berard President, Director | Mario Simard Chief Financial Officer, Secretary |
Business Overview |
Mazarin Inc. is a Canada-based natural resource company. The Company is focused on the development of industrial minerals to provide value-added products. The Company's activities are carried out through two subsidiaries, which include Asbestos Corporation Limited (ACL) and 9075-6453 Quebec Inc. (9075). Through its operation, the Company has produced millions of tons of serpentine tailings, which contain several minerals, such as magnesium and nickel, which are included in the list of critical minerals in Canada. The Company is focused on the development of its properties and the restoration of all its mining sites and buildings. It also intends to promote the implementation of various energy sources, such as wind and solar power. Its development plan includes carbon dioxide (CO2) sequestration from the carbonation of its mine tailings. The Company, through its subsidiary ACL, owns approximately eight mining sites located in the MRC des Appalaches. |
Financial Overview |
For the fiscal year ended 31 December 2023, Mazarin Inc revenues increased from C$1.5M to C$5.2M. Net income totaled C$1.9M vs. loss of C$386K. Revenues reflect G/L on Invest. HFS, Maturity & Trading increase from -C$2.2M to C$1.1M, Sale of land increase from C$159K to C$620K, Other revenues from mining properties increase of 74% to C$532K. Net Income reflects Litigation management fees (recovery) increase from C$233K to C$765K (income). |
Employees: | 300 as of Dec 31, 2005 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.58M as of Dec 31, 2023 |
Annual revenue (TTM): | $5.22M as of Dec 31, 2023 |
EBITDA (TTM): | $2.10M as of Dec 31, 2023 |
Net annual income (TTM): | $1.87M as of Dec 31, 2023 |
Free cash flow (TTM): | $1.81M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 49,729,684 as of Feb 22, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |