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Pacific Bay Minerals Ltd. (V:PBM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1507 - 1030 West Georgia St.
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: https://www.pacificbayminerals.com
IR: See website
Key People
Guilford H. Brett
Chairman of the Board
David H. Brett
President, Chief Executive Officer, Director
Leanora Brett
Chief Financial Officer
Business Overview
Pacific Bay Minerals Ltd is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Canada. It has a portfolio of properties in British Columbia's Golden Triangle, including the Haskins Reed, 30 kilometers (km) East of the Cassiar townsite, and Wheaton Creek projects. It focuses on exploring the two projects and identifying new targets within the prospective regions for both precious and transitional metals. Its projects include Wheaton Creek property, Weaver Lake property, and Haskins-Reed property. It owns 100% of the Wheaton Creek Gold property located in the Skeena Mining Division of northern British Columbia. The Weaver Lake property claims is located in the New Westminster Mining Division of British Columbia. The Haskins-Reed Property is a Zinc, Silver, Lead, Copper and Bismuth prospect with multiple mineralized zones outlined with approximately 200 drill holes substantial underground development completed.
Financial Overview
For the fiscal year ended 31 December 2023, Pacific Bay Minerals Ltd revenues was not reported. Net loss increased from C$30K to C$1.1M. Higher net loss reflects Impairment of Fixed Asse increase from C$233K to C$850K (expense), (Loss) gain on settlement of amounts due decrease from C$350K (income) to C$70K (expense), Settlement of flow-through shares liabil decrease from C$66K (income) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $1.14M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.14M as of Dec 31, 2023
Net annual income (TTM): -$1.05M as of Dec 31, 2023
Free cash flow (TTM): -$0.06M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.06M as of Dec 31, 2023
Shares outstanding: 30,971,584 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization