Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EBITDA | 0.00 | 49.33K | -374.00K | -946.00K | 86.00K |
Net Income | -215.23K | -394.00K | -361.00K | -1.04M | -47.54K |
Balance Sheet | |||||
Total Assets | 11.73M | 11.91M | 11.63M | 12.02M | 9.24M |
Cash, Cash Equivalents and Short-Term Investments | 299.60K | 641.01K | 280.44K | 1.89M | 292.64K |
Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total Liabilities | 1.62M | 1.73M | 1.77M | 1.92M | 1.66M |
Stockholders Equity | 10.11M | 10.18M | 9.86M | 10.10M | 7.58M |
Cash Flow | |||||
Free Cash Flow | -483.95K | -383.75K | -1.77M | -1.46M | -826.21K |
Operating Cash Flow | -300.90K | -291.10K | -405.72K | -446.86K | -131.81K |
Investing Cash Flow | -108.85K | -56.05K | -1.27M | -934.21K | -685.73K |
Financing Cash Flow | 200.00K | 548.61K | 0.00 | 3.05M | -15.41K |
Finlay Minerals Ltd. announced its continued 100% ownership of the PIL Property, located in a key mining district in northern British Columbia. Following the termination of Cascadia Minerals Ltd.’s option on the property, Finlay is assessing previous exploration data to plan a 2025 exploration program, with a renewed focus on areas near the recent high-grade AuRORA discovery on an adjacent property. The PIL Property hosts multiple mineral systems, and Finlay aims to leverage these for future development.
Finlay Minerals recently announced the expiration of over 13 million common share purchase warrants held by John Andrew Barakso, impacting the overall ownership structure. Despite this expiration, Barakso maintains significant influence over the company, holding approximately 43.25% of the total issued and outstanding common shares.
Finlay Minerals has secured $200,000 through the exercise of warrants by key insider Ilona Barakso Lindsay, signaling strong confidence in the company’s potential. Recent exploration successes, including the discovery of the AG Zone in the SAY Project, underscore Finlay’s ongoing commitment to expanding its mineral assets in British Columbia.
Finlay Minerals announced promising assay results from their 2024 exploration at the SAY property, highlighting high-grade copper and silver mineralization in northern British Columbia. The discovery of the AG Zone and the expansion of the property by 44% indicate significant potential for future exploration and resource development. These findings set the stage for an extensive exploration program planned for 2025.
Finlay Minerals has announced the completion of 2024 exploration work on its PIL Property, revealing promising mineralization results. Cascadia Minerals, which conducted the work, discovered multiple high-grade copper, silver, and gold zones, enhancing the potential for a significant porphyry source. The findings keep the PIL Option Agreement in good standing, potentially leading to a joint venture between Finlay and Cascadia.