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Altamira Gold Corp. (V:ALTA)

Business Focus: Integrated Mining

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Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: 409 Granville St Suite 1500
VANCOUVER BC V6C 1T2
Tel: N/A
Website: www.equitasresources.com
IR: See website
Key People
Kyler Hardy
Chairman of the Board
Michael Bennett
President, Chief Executive Officer, Director
Michael C. O'Brien
Chief Financial Officer
Business Overview
Altamira Gold Corp, formerly Equitas Resources Corp, is a Canada-based junior natural resource company. The Company is focused on the exploration and development of gold deposits within western central Brazil. The Company holds 12 projects comprising approximately 200,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold. The Company's advanced Cajueiro project has NI 43-101 compliant resources of 8.64Mt @ 0.77 g/t Au (for 214,000oz) in the Indicated resource category and 9.53Mt @ 0.66 g/t Au (for 282,000oz) in the Inferred Resource category and an additional 1.37Mt @ 1.78 g/t Au in oxides (for 78,400oz in saprolite) in the Inferred resource category.
Financial Overview
For the fiscal year ended 28 February 2019, Altamira Gold Corp revenues was not reported. Net loss decreased 78% to C$1.1M. Lower net loss reflects Impairment of exploration and evaluation decrease from C$3M (expense) to C$0K, Share-based payments decrease of 69% to C$258K (expense), Consulting fees and staff costs decrease of 15% to C$575K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.13 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $5.38M as of May 31, 2019
Annual revenue (TTM): $0.00M as of May 31, 2019
EBITDA (TTM): -$1.21M as of May 31, 2019
Net annual income (TTM): -$1.13M as of May 31, 2019
Free cash flow (TTM): -$1.94M as of May 31, 2019
Net Debt Last Fiscal Year: $0.11M as of May 31, 2019
Shares outstanding: 69,961,603 as of May 24, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization