Last $0.44 USD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 8:10 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

orbite aluminae inc (EORBF) Snapshot

Open
$0.45
Previous Close
$0.44
Day High
$0.45
Day Low
$0.44
52 Week High
07/7/14 - $0.64
52 Week Low
03/26/14 - $0.19
Market Cap
132.4M
Average Volume 10 Days
20.7K
EPS TTM
--
Shares Outstanding
301.6M
EX-Date
--
P/E TM
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Dividend
--
Dividend Yield
--
Current Stock Chart for ORBITE ALUMINAE INC (EORBF)

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orbite aluminae inc (EORBF) Details

Orbite Aluminae Inc. operates as a resource development and mineral-processing technology company in Canada. The company produces metallurgical-grade alumina, high-purity alumina, and rare earth and rare metal oxides. It primarily owns 100% mining rights in the Grande Vallée property, an aluminous clay deposit that consists of 115 claims covering an area of approximately 6,441 hectares located to the northeast of Murdochville, Québec. The company was formerly known as Exploration Orbite VSPA Inc. and changed its name to Orbite Aluminae Inc. in October 2011. Orbite Aluminae Inc. is headquartered in Montréal, Canada.

40 Employees
Last Reported Date: 03/17/14

orbite aluminae inc (EORBF) Top Compensated Officers

Chief Executive Officer, President and Non In...
Total Annual Compensation: C$189.5K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$260.6K
Director of Legal Affairs, Secretary and Memb...
Total Annual Compensation: C$150.0K
Vice President of Business Development
Total Annual Compensation: C$210.0K
Compensation as of Fiscal Year 2013.

orbite aluminae inc (EORBF) Key Developments

Orbite Aluminae Inc Announces Earnings Results for Second Quarter and Six Month Ended June 30, 2014

Orbite Aluminae Inc. announced earnings results for second quarter and six month ended June 30, 2014. For the quarter, the company reported, that the corporation is a development stage company and has no revenues. Loss before net finance income and income and mining taxes for the second quarter 2014 decreased by CAD 1,397,202 to CAD 3,568,786, compared to CAD 4,965,988 during the same period in 2013. The decrease is attributable mainly to a reduction in general and administrative charges. Net loss for the amounted to CAD 4,285,455 or CAD 0.02 per share compared to CAD 3,393,289 or CAD 0.02 per share during the same period in 2013. Cash flows used in operating activities increased by CAD 809,889 during the quarter ended June 30, 2014 compared to the same period in 2013. For the six months, the company reported loss before net finance income and income and mining taxes decreased by CAD 825,467 to CAD 6,982,905, compared to CAD 7,808,372 during the same period in 2013. The decrease is due mainly to a reduction in general and administrative charges, which are partially offset by higher HPA plant operation expenses. Net loss was CAD 8,696,622 or CAD 0.03 per share, compared to CAD 3,904,257 or CAD 0.02 per share during the same period in 2013. The increase of CAD 4,792,365 for the six month period compared to the same period in the prior year is mainly due to the non-cash mark-to-market increase in fair value of the convertible debentures presented under net finance expense, which is partially offset by a CAD 825,467 reduction in the operating expenses. Cash flows used in operating activities increased by CAD 5,346,438 for the six months ended June 30, 2014 compared to the same period in 2013.

Orbite Aluminae Inc to Report Q2, 2014 Results on Jul 30, 2014

Orbite Aluminae Inc announced that they will report Q2, 2014 results Pre-Market on Jul 30, 2014

Orbite Aluminae Inc, Q2 2014 Earnings Call, Jul 30, 2014

Orbite Aluminae Inc, Q2 2014 Earnings Call, Jul 30, 2014

 

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