RFIVF Resource Finance & Investment Ltd. featured news, full reports, and detailed charts
Resource Finance & Investment Ltd. (RFIVF/RFIVF.PK) Wrap Up:
Resource Finance & Investment, Ltd. engages in the acquisition, exploration, and development of mineral resource properties in the United States and Venezuela. The company explores for chromite sand, zircon sand, garnet sand, zinc, base metals, diamonds, and gold. Its projects include Oregon Mineral Sands Project that covers approximately 2,598 acres near Coos Bay in southwest Oregon; Shawnee Project located at the boundary area between southern Illinois and northwestern Kentucky; and CWE Project, including 282 mineral claims that cover 9,450 hectares, and 77 claims with 2,185 hectares in the Beauchastel and Dasserat Townships. The company was incorporated in 1978 as Coven Resources, Ltd. an...Resource Finance & Investment Ltd. (RFIVF:OTC)
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Market Cap
431.9K
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Total Revenue
--
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EBITDA
3.0M
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DILUTED EPS TTM
0.06
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P/E
0.2x
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P/S
--
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Return On Asset
-26.81
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Return On Equity
55.13
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| K = Thousands M = Millions B = Billions | ||
RFIVF Top Compensated Officers
Executives, Board Directors
Key developments for Resource Finance & Investment Ltd. (RFIVF)
Resource Finance & Investment Ltd. announced results received from the initial drill core on the Hampton property located in Livingston County, Kentucky, USA. The drilling is part of the Shawnee Project zinc and fluorspar exploration program and is being conducted by Dynamex Resources Corporation, a wholly-owned subsidiary. Core hole DXHR-1 encountered thick and high-grade bedded zinc sulfide deposits at depths of 172 meters to 197 meters (25 meters true thickness) that contained an average of 11.2% zinc. There are two higher-grade bedded units within this interval, consisting of 12.1 meters of 12.6% zinc and 8.0 meters of 15.6% zinc. This hole is located within a partly-drilled historic zinc resource that was calculated by a prior operator at 389,225 tons containing 14% zinc. Dynamex controls this resource together with additional acreage which total 3,406.95 acres.
Resource Finance & Investment Ltd. has recently accepted the resignations of three long serving members of its board and appointed two replacements. Cheryl Wilson, Nicholas Plumbridge and Isaac Moss have resigned as Directors. Mr. Henrik Schroder and Mr. Arthur Jones have joined the board, each bringing considerable experience from their respective areas of commerce. Mr. Schroder is a partner at Amerscan Capital Management Limited. Mr. Schroder is the Chairman of the Board and a founding investor of Enovation Resources Ltd. and a serves as a director of StreamServe Inc. and AKJ Group Limited. Mr. Jones is a principal shareholder and CFO of the Consolidated Group of Companies based in Hamilton, Bermuda.
Resource Finance & Investment Limited (RFI) announced on December 24 that it has filed its Form 15 with the Securities and Exchange Commission (SEC) to deregister its common stock and to suspend its reporting obligations under the Securities Exchange Act of 1934. Upon filing of the Form 15, RFI's obligation to file with the SEC certain reports, including Forms 20-F and 6-K, will cease. RFI expects that deregistration will be effective within 90 days. The common stock of RFI will no longer be quoted on the OTC Bulletin Board. The Company will keep shareholders advised as to the status of its application with The Bermuda Stock Exchange and subsequent trading options through press releases.
RFIVF Competitors
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| No competitor information is available for RFIVF. | |||
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Industry Analysis
| Valuation | RFIVF | Industry Range |
| Price/Earnings | 0.2x |
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| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | 0.2x |
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| TEV/Sales | -- | Not Meaningful |
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RFIVF transactions
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| No transactions in the last 6 months. | ||
