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Almonty Industries Inc. (T:AII)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: 100 King Street West, Suite 5700
Tel: N/A
IR: See website
Key People
Lewis Black
Chairman of the Board, President, Chief Executive Officer
Mark N. Gelmon
Chief Financial Officer, Director
Marion McGrath
Corporate Secretary
Business Overview
Almonty Industries Inc. is engaged in mining, processing and shipping of tungsten concentrate. The Company operates through five segments, including Los Santos Mine, Wolfram Camp Mine, Valtreixal Mine, Woulfe Mine and Panasqueira Mine. The Los Santos Mine is located in Spain and includes exploration and mining of tungsten, which it sells as tungsten concentrate. The Wolfram Camp is located in Queensland, Australia and includes exploration and mining of tungsten and molybdenum, which it sells as tungsten concentrate and molybdenum concentrate. The Valtreixal mine is located in Spain and includes exploration and evaluation activities related to Valtreixal tin/tungsten project. Its Woulfe segment is engaged in evaluating Sangdong tungsten mine located in Gangwon Province, Republic of Korea. Its Panasqueira tungsten mine is located in Covilha, Castelo Branco, Portugal and includes exploration and mining of tungsten, as well as production of copper and tin concentrate by products.
Financial Overview
For the twelve months ended 30 September 2019, Almonty Industries Inc revenues decreased 42% to C$31.6M. Net income totaled C$1.8M vs. loss of C$8.5M. Revenues reflect Los santos segment decrease of 54% to C$10.8M, Panasquiera segment decrease of 34% to C$20.8M, Spain segment decrease of 54% to C$10.8M, Portugal segment decrease of 33% to C$20.8M. Net Income reflects Reversal of impairment loss decrease from C$15.6M (expense) to C$0K.
Reporting Currency: Canadian Dollars
Enterprise value: $107.66M as of Sep 30, 2019
Annual revenue (TTM): $48.03M as of Sep 30, 2019
EBITDA (TTM): $11.97M as of Sep 30, 2019
Net annual income (TTM): $9.06M as of Sep 30, 2019
Free cash flow (TTM): -$5.90M as of Sep 30, 2019
Net Debt Last Fiscal Year: $47.09M as of Sep 30, 2019
Shares outstanding: 183,464,470 as of Feb 21, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization