Mines D'Or Orbec Inc.

Mines D'Or Orbec Inc.

BLTMF
Mines D'Or Orbec Inc.US flagOther OTC
0.09
USD
- -
- -
10.21MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.09
-0.22
-0.11
-0.07
-0.02
-0.03
-0.02
Free Cash Flow per Basic Share
-0.09
-0.17
-0.14
-0.07
-0.01
-0.03
-0.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.04
0.05
-0.02
-0.06
-0.04
-0.03
-0.03
Tangible Book Value per Share
0.05
0.17
0.07
- -
0.01
- -
- -
Basic Weighted Avg Shares
11
14
22
32
38
61
72
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-1
-3
-2
-2
-1
-2
-2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
2
1
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
1
2
1
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
86
86
106
Market Capitalization
3
4
4

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
1
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-70.06%
-69.5%
Free Cash Flow
- -
123.31%
551.13%
Net Income, GAAP
- -
46.88%
121.81%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
-0.01
- -
- -
-0.02
2024
-0.01
-0.01
- -
- -
-0.03
2025
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
John Graham Tait
Sector
Basic Materials
Industry
Gold
Address
2000 rue de l'Éclipse Brossard QC Canada J4Z 0S2
IPO Date
Dec 11, 2020
Website
orbec.ca
Business
Mines D'Or Orbec Inc. operates as a mineral exploration company focused on the acquisition, evaluation, and development of gold and base metal properties in Canada. The company holds a 100% interest in the Muus Project, encompassing approximately 25,250 hectares in the northeastern part of the Abitibi Greenstone Belt near Chibougamau, Quebec. This project is prospective for gold mineralization and volcanogenic massive sulphide (VMS) deposits containing copper-gold and other base and precious metals. Mines D'Or Orbec actively conducts surface exploration programs, including diamond drilling campaigns targeting high-priority anomalies such as Lac Bernard South within the Muus Property, with geological similarities to IAMGOLD's adjacent Nelligan gold deposit. Founded as Blue Thunder Mining Inc., the company rebranded to Mines D'Or Orbec Inc. in July 2024 and is headquartered in Brossard, Quebec. In October 2025, Mines D'Or Orbec entered into a definitive arrangement agreement to be acquired by IAMGOLD Corporation for approximately C$17.2 million in a cash and stock transaction. This strategic acquisition aims to consolidate IAMGOLD's land position in the Chibougamau region by adding Mines D'Or Orbec's highly prospective Muus Project adjacent to IAMGOLD's Nelligan and Monster Lake projects. The deal, expected to close in late 2025 after required approvals, will enable combined resources estimated at over 8 million ounces of gold across the consolidated properties. This transaction also includes advancing exploration efforts through technical collaboration with IAMGOLD, with Orbec shareholders receiving IAMGOLD shares to maintain exposure to existing and future exploration projects. Mines D'Or Orbec's core business segments comprise gold and base metal exploration and development within mining-friendly jurisdictions in Canada, targeting institutional and strategic mining investors. Its operational focus remains on expanding resource delineation and advancing project valuation through exploration. The company’s activities contribute to IAMGOLD’s portfolio expansion, reinforcing its presence in one of Canada’s premier gold mining districts. Mines D'Or Orbec is listed on the TSX Venture Exchange under the symbol BLUE and on the OTCQB as BLTMF.

Company News

APIChatGPT
  • IAMGOLD annonce la clôture de l'acquisition de Mines d'Or Orbec

  • IAMGOLD Announces Closing of Mines D'Or Orbec Acquisition

  • IAMGOLD Corporation Completes Acquisition of Mines D'Or Orbec Inc.

  • Ontario Superior Court of Justice Grants Final Order to Mines D'Or Orbec Inc. Approving Acquisition by IAMGOLD Corporation

  • Mines D'Or Orbec Inc. Securityholders Approve Acquisition by IAMGOLD Corporation

  • Mines D'Or Orbec Inc. (BLUE:CA) Shareholder/Analyst Call Prepared Remarks Transcript

  • Mines d'Or Orbec annonce le dépôt et l'envoi de sa circulaire de sollicitation de procurations dans le cadre de l'assemblée spéciale des porteurs de titres en vue d'approuver l'acquisition par IAMGOLD

  • Mines D'Or Orbec Announces Filing and Mailing of its Management Information Circular in Connection with the Special Meeting of Securityholders to Approve the Acquisition by IAMGOLD

  • Mines d'Or Orbec Signs Agreement to Be Acquired by IAMGOLD Corporation

  • Mines D'Or Orbec Announces First Batch of Assay Results from Summer 2025 Drill Campaign at Lac Bernard Sud Shows Promising Gold-Bearing Mineralization with Geologic Similarities to Adjacent Large Nelligan Discovery

  • Mines d'Or Orbec Inc. Announces Shares for Debt Settlement

  • Mines d'Or Orbec Inc. Announces Results of Annual General Meeting

  • Mines d'Or Orbec Appoints Jean-David Moore to Advisory Role

  • Former Troilus Geologist, Bertrand Brassard, Joins Orbec's Geological Team

  • Mines d'Or Orbec Mobilizes 2025 Surface Exploration on Second Target While Awaiting Drill Results from Lac Bernard

  • Orbec Completes Over 2,000 Meters of Diamond Drilling on Its 100% Owned Muus Gold Property, Chibougamau, Quebec

  • Mines D'Or Orbec Announces Closing of Second and Final Tranche of Private Placement

  • Mines D'Or Orbec/Orbec Gold Mines to Attend 121 Mining Investment Conference in London

  • Blue Thunder Name Change and Muus Project Update

  • Blue Thunder Mining Inc. Appoints Alain Levesque CFO; Announces Board Change