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American Copper Development Corporation (C:ACDX)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 710-1030 W. Georgia St.,
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: https://american-copper.com
IR: See website
Key People
Daniel Schieber
President, Chief Executive Officer, Director
Blaine Y. Bailey
Chief Financial Officer, Company Secretary
 
Business Overview
American Copper Development Corporation is a Canada-based company, which is engaged in the business of mineral exploration and the acquisition of mineral property assets. The Company is focused on locating and developing economic precious and base metal properties of merit and conducting its exploration program on the Lordsburg Property. The Lordsburg project comprises over 1,205 contiguous Federal patented and unpatented lode mining claims, covering 9,462 hectares in an area controlled by the Company. The project is located immediately south of the town of Lordsburg in southwest New Mexico, approximately 250 kilometers east of Tucson, Arizona, and 500 kilometers south of Albuquerque, New Mexico. Lordsburg is the county seat of Hidalgo County and lies on Interstate 10 and the Union Pacific railroad. The northern portion of the project has a long history of underground mining for silver, gold, copper, and lead.
Financial Overview
For the six months ended 30 June 2024, American Copper Development Corp revenues was not reported. Net loss decreased 66% to C$252K. Lower net loss reflects Investor relations decrease of 95% to C$12K (expense), Consulting fees decrease of 41% to C$163K (expense), Foreign exchange decrease of 97% to C$3K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $3.59M as of Jun 30, 2024
Annual revenue (TTM): $0.00M as of Jun 30, 2024
EBITDA (TTM): -$0.65M as of Jun 30, 2024
Net annual income (TTM): -$0.62M as of Jun 30, 2024
Free cash flow (TTM): -$1.95M as of Jun 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 92,902,254 as of Jun 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization