Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | U 8 245 Churchill Ave SUBIACO WAS 6008 |
Tel: | N/A |
Website: | https://saramaresources.com |
IR: | See website |
Key People | ||
Andrew R. Dinning Chief Executive Officer, Director | Lui Evangelista Chief Financial Officer | Jack Hamilton Vice President - Exploration | Paul Schmiede Vice President - Corporate Development |
Business Overview |
Sarama Resources Ltd. is an Australia-based gold explorer and developer. The Company is focused on establishing a new mining district in Burkina Faso. The Company's projects include Sanutura Project, Karankasso Project and Koumandara Project. The Sanutura Project is located approximately 350 kilometers (km) southwest of Ouagadougou. Its 100% owned Sanutura and Koumandara Projects cover approximately 2,000 km2 of prospective and geologically greenstone terrane. The southern Sanutura Project area covers approximately 1,454 square kilometers of prospective greenstone terrane. The Karankasso Project is situated 130 km southwest of Endeavour Mining's Mana Mine, Fortuna Silver's Yaramoko Mine and approximately 60 km south of Endeavour Mining's Hounde Mine. The Koumandara Project covers approximately 600 km2 and is situated in the northern Banfora Greenstone Belt, approximately 80 km west of Sarama's Sanutura Project. |
Financial Overview |
For the three months ended 31 March 2024, Sarama Resources Ltd revenues was not reported. Net loss decreased 31% to $393K. Lower net loss reflects Exploration expenditure as incurred decrease of 41% to $131K (expense), Marketing and investor relations decrease of 98% to $1K (expense), Office and general decrease of 31% to $53K (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3.31M as of Mar 31, 2024 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
EBITDA (TTM): | -$3.52M as of Mar 31, 2024 |
Net annual income (TTM): | -$3.14M as of Mar 31, 2024 |
Free cash flow (TTM): | -$2.14M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 181,422,169 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |