Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 300-1455 Bellevue Ave WEST VANCOUVER BC V7T 1C3 |
Tel: | N/A |
Website: | https://www.m3metalscorp.com |
IR: | See website |
Key People | ||
Adrian Smith President, Director | Kosta Tsoutsis Chief Executive Officer, Director | Brian Patrick Morrison Chief Financial Officer, Director |
Business Overview |
M3 Metals Corp. is a Canada-based company, which is focused on the exploration and development of its North American metallic mineral projects. The Company holds interest in the Mohave Mine Gold Project in Arizona, United States, along with a 2% NSR on their portion of the Stars Copper Project in central British Columbia, Canada. It is also advancing new gold projects in British Columbia, Canada and exploring new business opportunities. Its projects include G-South Project Page, Block 103 Iron Ore Project and Stars Project. The G-South Project Page lies within the prolific Quesnel terrane, located approximately 30 kilometers (km) north of Quesnel, British Columbia, Canada. Block 103 Iron Ore Project covers an area of approximately 7,275 hectares, located 30 km northwest of the mining town of Schefferville, Quebec, Canada. The Stars Project is situated 58 km north of Imperials Metals Corp.'s Huckleberry Copper mine and 40 Km southwest of the Resource town of Houston, British Columbia. |
Financial Overview |
For the six months ended 29 February 2024, M3 Metals Corp revenues was not reported. Net income totaled C$959K vs. loss of C$666K. Net income reflects FV Adjustments of Financial Investments increase from C$436K (expense) to C$42K (income), Property investigation costs decrease from C$6K (expense) to C$0K, Travel and related decrease of 32% to C$7K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.19 to C$0.18. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $2.36M as of Feb 29, 2024 |
Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
EBITDA (TTM): | -$1.31M as of Feb 29, 2024 |
Net annual income (TTM): | $0.35M as of Feb 29, 2024 |
Free cash flow (TTM): | -$1.68M as of Feb 29, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 10,274,724 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |