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AbraSilver Resource Corp. (V:ABRA)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 220 Bay Street, Suite 550
TORONTO ON M5J 2W4
Tel: N/A
Website: https://www.abrasilver.com
IR: See website
Key People
John Miniotis
President, Chief Executive Officer
Carlos Pinglo
Chief Financial Officer, Corporate Secretary
 
Business Overview
AbraSilver Resource Corp. is a Canada-based silver and gold exploration company. The Company is focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta province of Argentina. Its project includes Diablillos, La Coipita, Arcas Copper / Gold Project and Aguas Perdidas. The Diablillos is a 7,919 hectares (ha) property located in the Argentine Puna region, which is the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile. The La Coipita project, located in the mining-friendly San Juan province, Argentina. The La Coipita project encompasses over 70,000 hectares in the prolific Miocene porphyry-epithermal belt. The Arcas Copper / Gold Project is approximately 245 kilometers (km) northeast of Antofagasta city. It owns 100% of the 6,300 ha Aguas Perdidas project in Chubut Province, Argentina, approximately 137 km southwest of Pan American's Navidad project.
Financial Overview
For the nine months ended 30 September 2023, AbraSilver Resource Corp revenues was not reported. Net loss decreased 1% to C$16.3M. Lower net loss reflects Gain on sale of marketable securities increase of 37% to C$9.9M (income), Foreign exchange loss (gain) increase from C$276K (expense) to C$256K (income), Loss on net monetary position decrease from C$289K (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $213.13M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$33.86M as of Sep 30, 2023
Net annual income (TTM): -$20.55M as of Sep 30, 2023
Free cash flow (TTM): -$36.52M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 573,902,038 as of Apr 16, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization