Last $0.07 USD
Change Today 0.00 / 0.00%
Volume 0.0
RCCMF On Other Exchanges
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Venture
OTC US
Frankfurt
As of 8:10 PM 11/10/14 All times are local (Market data is delayed by at least 15 minutes).

nippon dragon resources inc (RCCMF) Snapshot

Open
$0.06
Previous Close
$0.07
Day High
$0.07
Day Low
$0.06
52 Week High
01/17/14 - $0.13
52 Week Low
11/10/14 - $0.06
Market Cap
5.5M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
81.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NIPPON DRAGON RESOURCES INC (RCCMF)

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nippon dragon resources inc (RCCMF) Details

Nippon Dragon Resources Inc. acquires, explores, and develops gold properties in Canada and Peru. The company holds interest in the Denain project that consists of 24 mining claims located to the east of Val d'Or, Quebec; the Courville-Maruska project covering 20 mining claims in Courville township, Quebec; and the Rocmec 1 project that is located in Dasserat township, Quebec. It also holds a 50% interest in the Rey Salomon property located in Peru. The company was formerly known as Rocmec Mining Inc and changed its name to Nippon Dragon Resources Inc. in April 2014. Nippon Dragon Resources Inc. was incorporated in 2000 and is headquartered in Brossard, Canada.

Founded in 2000

nippon dragon resources inc (RCCMF) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$80.6K
Vice President of Operations & Technologies, ...
Total Annual Compensation: C$85.0K
Compensation as of Fiscal Year 2013.

nippon dragon resources inc (RCCMF) Key Developments

Nippon Dragon Resources Signs Exclusive Distribution Agreement with NDR Japan

Nippon Dragon Resources Inc. announced that it has signed an exclusive distribution agreement with NDR Japan Co. Ltd. (NDR-J) for its patented Thermal Fragmentation mining method. Highlights of the agreement include the granting of the exclusive rights to NDR-J for the istribution, deployment and usage of the Corporation’s exclusive and patented Thermal Fragmentation mining method in Japan, a 50/50 sharing of net profits from Thermal Fragmentation contracts carried out by NDR-J and a close working relationship for the continued development and promotion of the technology.

Nippon Implements its Thermal Fragmentation Mining Method in South Africa

Nippon Dragon Resources Inc. provided summary information regarding its Thermal Fragmentation activities in Southern Africa with its distributor MaXem Equipment (MaXem). As publicly announced Nippon and MaXem entered into an exclusive Thermal Fragmentation distributorship agreement for various South African countries. In May 2014, a Thermal Fragmentation unit (Dragon) was delivered to MaXem's facilities, followed by Nippon's employees, whose mandate was to train MaXem's employees and also visit the mine site where the first deployment of the technology in South Africa would take place. In early June, Nippon's team returned to South Africa to present the technology to potential clients, including one of the most predominant gold producers in the world. Over the following days a series of performance, security tests and demonstrations were conducted for the benefit of several decision makers and union representatives. The Dragon has since been deployed within the stope (work area) approximately 1,000 meters below surface on a demonstration contract and Thermal Fragmentation operations commenced on July 3, 2014.

Rocmec Mining Inc. has Changed its Name to Nippon Dragon Resources Inc

On April 16, 2014, Rocmec Mining Inc. changed its name to Nippon Dragon Resources Inc.

 

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Valuation RCCMF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 188.0x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 89.4x
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