Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 945 Cobalt Crescent THUNDER BAY ON P7B 5Z4 |
Tel: | N/A |
Website: | https://www.metalscreek.com |
IR: | See website |
Key People | ||
Alexander Stares President, Chief Executive Officer, Director | Nick S. Tsimidis Chief Financial Officer, Director | Michael Macisaac Vice President - Exploration |
Business Overview |
Metals Creek Resources Corp. is a junior exploration company. The Company is engaged in the identification, acquisition, exploration and development of mineral resource properties, and has mining interests in Ontario and Newfoundland and Labrador and in the Yukon. The Company has a 50% interest in the OgdenGold Property from Newmont Corporation, including the former Naybob Gold mine, located six kilometers (km) south of Timmins, Ontario and has an eight km strike length of the prolific Porcupine-Destor Fault (P-DF). The Shabaqua property is located within the Shebandowan Greenstone Belt. The Tillex property is located in Currie Township near the township of Matheson in Northern Ontario with infrastructure. The Company has 148 claim units in two separate blocks in the Dawson Range gold district. The claim blocks are located in the Matson Creek area, 40 km north of Kinross' White Gold property and Kaminak's Coffee Project. |
Financial Overview |
For the fiscal year ended 31 December 2023, Metals Creek Resources Corp revenues was not reported. Net loss decreased 84% to C$922K. Lower net loss reflects Write-down of exploration and evaluation decrease of 100% to C$14K (expense), FV Adjustments of Financial Investments decrease of 50% to C$335K (expense), Business development decrease of 82% to C$26K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $4.94M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.55M as of Dec 31, 2023 |
Net annual income (TTM): | -$0.92M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.90M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 169,191,866 as of Apr 15, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |