Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 9285 - 203b Street LANGLEY BC V1M 2L9 |
Tel: | N/A |
Website: | https://www.silverfishresources.com |
IR: | See website |
Key People | ||
Joseph Cullen President, Chief Executive Officer, Director | Brandon Schwabe Chief Financial Officer |
Business Overview |
Metalsource Mining Inc., formerly Silverfish Resources Inc., is a Canada-based mineral exploration company engaged in the exploration and discovery on its manganese and nickel projects. The Company is engaged in the exploration and development of its mineral property assets in Botswana and Canada. The Company's focus is to develop economic, precious, and base metal properties of merit and to conduct its exploration program on its Aruba and Old Timer projects. The Aruba Project consists of five prospecting licenses totaling approximately 4,663 square kilometers in South-Central Botswana, approximately 200 kilometers (km) west of the coeval Bushveld Complex in neighboring South Africa. The Old Timer Property is located approximately 17 km southeast of Nelson, in the Nelson Mining Division of southern British Columbia. The Old Timer Property is a 2,020-hectare, road-accessible property. The Old Timer Property has eight zones of mineralization. |
Financial Overview |
For the six months ended 31 December 2023, Metalsource Mining Inc revenues was not reported. Net loss decreased 18% to C$248K. Lower net loss reflects Professional fees decrease of 94% to C$7K (expense), Listing fees decrease of 74% to C$14K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.13M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.50M as of Dec 31, 2023 |
Net annual income (TTM): | -$0.58M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.41M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 29,691,000 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |