xmet inc (XMTTF:OTC US)
xmet inc (XMTTF) Snapshot
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52 Week High
10/17/12 - $0.09
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52 Week Low
04/24/13 - $0.01
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Xmet Inc., an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold deposits. Its principal project includes Duquesne-Ottoman property that comprises 60 claims covering an area of 928.6 hectares located to the north of the city of Rouyn-Noranda within the townships of Duparquet and Destor in the Province of Quebec. The company is headquartered in Toronto, Canada.
xmet inc (XMTTF) Top Compensated Officers
xmet inc (XMTTF) Key Developments
Xmet Inc. announced that Charles Beaudry has resigned as President and Chief Executive Officer to pursue other opportunities and that Alexander Stewart has resumed the position of Chief Executive Officer, effective immediately. Mr. Beaudry will continue to serve as a director of the company and will consult to the Company on its Duquesne-Ottoman, Authier and Grasset projects.
Xmet Inc. announced that it has extended the closing date of its proposed accelerated acquisition of a 75% interest in its Duquesne-Ottoman project from, among others, Globex Mining Enterprises Inc., previously announced on March 3, 2012 and extended on December 17, 2012. The proposed accelerated acquisition is scheduled to close on June 30, 2013, which closing date may be extended to August 30, 2013, in order to obtain any necessary approvals.
Xmet Inc., Special/Extraordinary Shareholders Meeting, Apr 29, 2013.
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Industry Analysis
XMTTF
Industry Average
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| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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