Breaker technology inc bloomberg
Breaker Technology Inc. is a company that specializes in the design, manufacture, and distribution of underground mining equipment and services. Here are some key points about Breaker Technology Inc. from Bloomberg:
Company Overview
Breaker Technology Inc. is a Canadian company that was founded in 1971. The company is headquartered in Sudbury, Ontario, Canada, and has operations in North America, South America, and Australia.
Products and Services
Breaker Technology Inc. designs, manufactures, and distributes a range of underground mining equipment, including:
- Rock breakers: These are used to break up rock and ore in underground mines.
- Crushers: These are used to crush rock and ore into smaller pieces.
- Loaders: These are used to load rock and ore into haulage vehicles.
- Haulage systems: These are used to transport rock and ore from the mine to the surface.
The company also provides maintenance and repair services for its equipment, as well as training and technical support for its customers.
Financials
According to Bloomberg, Breaker Technology Inc. reported the following financial results for its fiscal year 2020:
- Revenue: $143.4 million
- Net income: $14.1 million
- Earnings per share: $0.23
Stock Performance
Breaker Technology Inc. is a publicly traded company listed on the Toronto Stock Exchange (TSX) under the ticker symbol BKT. As of March 2023, the company's stock price was around CAD 12.50 per share.
Industry and Market
Breaker Technology Inc. operates in the mining equipment and services industry, which is a significant sector in the global economy. The company's products and services are used in a variety of mining applications, including coal, copper, gold, and iron ore.
The company competes with other mining equipment and services companies, such as Joy Global, Inc. and Sandvik AB. However, Breaker Technology Inc. has a strong reputation for its high-quality products and services, and has established a significant presence in the global mining industry.
News and Events
Breaker Technology Inc. has been involved in several news and events in recent years, including:
- In 2020, the company announced a major contract with a major mining company to supply rock breakers and crushers for a new mine in Australia.
- In 2019, the company launched a new line of rock breakers designed for use in underground mines.
- In 2018, the company announced a significant expansion of its manufacturing facility in Sudbury, Ontario, Canada.
Overall, Breaker Technology Inc. is a well-established company in the mining equipment and services industry, with a strong reputation for its high-quality products and services.