Aton Resources Inc. (V:AAN)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | Suite 1700, 666 Burrard Street VANCOUVER BC V6C 2X8 |
| Tel: | N/A |
| Website: | https://www.atonresources.com |
| IR: | See website |
| Key People | ||
| Tonno Vahk Chief Executive Officer, Director | Bobby S. Dhaliwal Chief Financial Officer | Robert Parr Chief Operating Officer |
| Cherif Barakat General Manager | Paul Angus Exploration Manager | Samy Donkol Operations Manager | Javier Orduna Chief Geologist Officer |
| Business Overview |
| Aton Resources Inc. is a gold exploration and development company. It is focused on its 100% owned Abu Marawat Concession (Abu Marawat), located in Arabian-Nubian Shield, approximately 200 kilometers (km) north of Centamin's Sukari gold mine. It has identified various gold and base metal exploration targets at Abu Marawat, including the Hamama deposit in the west, the Abu Marawat deposit in the northeast, and the advanced Rodruin exploration prospect in the south of the Concession. Through its subsidiary, Aton Mining Inc, it holds the Abu Marawat exploration concession, which covers an area of 448 square kilometers in Egypt. Its Hamama Gold-Silver project is located in the west of the Concession, in a sequence of Neoproterozoic age metavolcanics, consisting of intermediate rock types. Rodruin Advanced Exploration project is located 18 km east of the Hamama West deposit. The Abu Marawat Deposit is a high-grade gold-copper vein deposit located 35km to the northeast of Hamama. |
| Financial Overview |
| For the nine months ended 30 September 2023, Aton Resources Inc revenues was not reported. Net loss increased 38% to C$8.4M. Higher net loss reflects Accretion expense increase from C$354K to C$2.1M (expense), Finance expense increase of 78% to C$1M (expense), Share based payments increase from C$7K to C$302K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.13 to -C$0.15. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $33.15M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$7.05M as of Sep 30, 2023 |
| Net annual income (TTM): | -$10.88M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$6.02M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | $9.18M as of Sep 30, 2023 |
| Shares outstanding: | 127,454,413 as of Apr 12, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.
