Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 401 Bay Street - Suite 2704 TORONTO ON M5H 2Y4 |
Tel: | N/A |
Website: | https://www.signatureresources.ca |
IR: | See website |
Key People | ||
Dan Denbow Interim Chief Executive Officer, Director | Donna Mclean Chief Financial Officer | Rickardo Welyhorsky Chief Operating Officer | Walter Hanych Chief Geologist |
Business Overview |
Signature Resources Ltd. is a Canada-based exploration company. The Company's principal business activity is the identification, evaluation and exploration of mineral resource assets in Canada, with a focus on precious metals. The Company is engaged in exploring its Lingman Lake gold property located within the prolific Red Lake district in Northwestern Ontario, Canada. The property is situated in the Lingman Lake Greenstone belt consisting of a complexly folded assemblage, of mafic metavolcanics, felsic metavolcanics and metasedimentary rocks. The project has an approximately 234,000-ounce historical high-grade gold resource estimate that is contained within the first 180 meters of surface and open in all directions. The Company's Lingman Lake gold property consists of approximately 1,300 staked claims, four freehold full patented claims and 14 mineral rights patented claims totaling approximately 24,761 hectares. |
Financial Overview |
For the three months ended 31 January 2024, Signature Resources Ltd revenues was not reported. Net loss decreased 7% to C$249K. Lower net loss reflects Office and general decrease of 12% to C$48K (expense), Depreciation in SGA decrease of 7% to C$85K (expense), Professional Fees decrease of 37% to C$11K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $6.81M as of Jan 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
EBITDA (TTM): | -$0.93M as of Jan 31, 2024 |
Net annual income (TTM): | -$1.12M as of Jan 31, 2024 |
Free cash flow (TTM): | -$1.23M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 106,745,127 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |