0.41
+5.13%
Close of 9 Nov 2026, in CAD
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About EDM Resources
Its shares trade on TSX Venture under the ticker EDM.V. It has been listed since 20 December 2004.
EDM Resources Inc. engages in the exploration, evaluation, and mining of mineral properties. The company is headquartered in Halifax, Nova Scotia. The company went IPO on 2004-12-20. The firm has ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, the Company also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. Its Scotia Mine is located approximately 60 kilometers (km) from Halifax City Centre, 33 km from the Halifax Stanfield International Airport and 11 km from CN's Milford Station. Its Eastville Prospect is located approximately 50 kilometers from its Scotia Mine. The mineral rights covering the western portion of the Eastville Prospect are held by Scotia Mine Limited, a subsidiary of the Company, which has exploration licenses 50691 and 09674. Its Carrolls Corner-Carrolls Farm Prospects has two highly prospective exploration targets in close proximity to its Scotia Mine. The mineral rights covering both prospects are held by Scotia Mine Limited.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 20 Dec 2004
- Website
- edmresources.com ↗
Leadership
Pay as last reported
- Mr. Ashwath MehraIndependent Chairman of the BoardC$78,000
- Mr. Mark HaywoodPresident, Chief Executive Officer, Director, since 2019C$260,896
- Mr. Arnab DeChief Financial Officer
- Mr. Mark BillingsIndependent DirectorC$45,990
- Mr. Eugene ChenIndependent Director
- Mr. Rajesh SharmaIndependent DirectorC$45,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Scotia Mine is located 60 km from Halifax City Centre with easy access to infrastructure.
- EDM Resources owns the Scotia Mine and related facilities near Halifax, Nova Scotia.
- The company holds exploration licenses 50691 and 09674 for the Eastville Prospect.
Weaknesses
- The Scotia Mine is 33 km from Halifax Stanfield International Airport, limiting transport options.
- EDM Resources has no other mines outside Nova Scotia, restricting geographic diversification.
- The Eastville Prospect is 50 km from the Scotia Mine, increasing operational complexity.
Opportunities
- Carrolls Corner-Carrolls Farm Prospects offer two highly prospective exploration targets near Scotia Mine.
- EDM Resources has exploration licenses covering the western portion of Eastville Prospect.
- The company's subsidiary Scotia Mine Limited holds mineral rights for multiple prospects.
Threats
- The Eastville Prospect's mineral rights are held by Scotia Mine Limited, a subsidiary.
- Carrolls Corner-Carrolls Farm Prospects are located near Scotia Mine, increasing competition risk.
- EDM Resources' operations are concentrated in Nova Scotia, making them vulnerable to regional risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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