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Alderon Iron Ore Ord Shs
Market news
Financials
Income Statement
Revenue
Net income
| (CAD) | 2018info | Y/Y change |
|---|---|---|
Revenue | — | — |
Operating expense | 3.99M | -95.12% |
Net income | -4.63M | 95.24% |
Net profit margin | — | — |
Earnings per share | — | — |
EBITDA | -4.69M | -14.78% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | 2018info | Y/Y change |
|---|---|---|
Cash and short-term investments | 7.04M | -55.56% |
Total assets | 122.33M | -6.56% |
Total liabilities | 27.41M | -15.14% |
Total equity | 94.91M | — |
Shares outstanding | 138.40M | — |
Price to book | 0.00 | — |
Return on assets | -2.31% | — |
Return on capital | -2.51% | — |
Cash Flow
Net change in cash
| (CAD) | 2018info | Y/Y change |
|---|---|---|
Net income | -4.63M | 95.24% |
Cash from operations | -3.43M | 73.59% |
Cash from investing | -546.15K | -102.62% |
Cash from financing | -4.83M | -154.79% |
Net change in cash | -8.81M | -247.13% |
Free cash flow | -4.34M | -118.61% |
About
Alderon Iron Ore Corp. was focused on the exploration, development and mining of an iron ore property in the southern Labrador Trough geological belt in southwestern Newfoundland & Labrador, near the Quebec border.
In 2010, Alderon Iron Ore acquired the rights to the Kamistiatusset property in the Labrador Trough. Alderon Iron Ore was a development-stage company advancing the Kami Project located in the Labrador Trough, Canada's premier iron ore mining district. Alderon had a proven management team with strong relationships and ties to the community and government, as well as a strategic partnership with HBIS Group, China's second largest steel producer. The Kami Project, owned 75% by Alderon and 25% by HBIS through The Kami Mine Limited Partnership. The Kami Project was surrounded by three producing iron ore mines and was in close proximity to Québec NorthShore & Labrador. Kami wanted to produce a premium-quality iron-ore product, ideal for blending and China's clean air requirements. Alderon was developing the high-grade iron ore Kami Project to take advantage of improved iron-ore prices, reduced CAPEX requirements, and available infrastructure. Wikipedia
Founded
1978
Headquarters
Website
Employees
1
