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Anaconda Mining Inc. (T:ANX)

Business Focus: Gold Mining

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Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 150 York St Suite 410
TORONTO ON M5H 3S5
Tel: 1-416-5779927
Website: www.anacondamining.com
IR: See website
Key People
Dustin K. Angelo
President, Director
Kevin Bullock
Chief Executive Officer, Director
Robert J. Dufour
Chief Financial Officer, Secretary
Gordana Slepcev
Chief Operating Officer
   
Business Overview
Anaconda Mining Inc. is a mining and exploration company with gold production, development and exploration properties located in Newfoundland, Canada. The Company's portfolio includes an operating gold mine, various development-stage prospects and exploration properties, grouped in over two project areas. It holds interests in the Point Rousse Project and the Viking Project. The Point Rousse Project covers over 6,316 hectares on the Ming's Bight Peninsula, which is situated within the Baie Verte Peninsula on the north-central part of Newfoundland. The Point Rousse Project consists of approximately five mining leases and over 30 mineral licenses. The five mining leases are Mining Lease 189 (11299M), Mining Lease 149 (2663), Mining Lease 193-A, Mining lease 203 (8014) and Mining lease 226 (10238M). The Viking Project covers approximately 6,225 hectares of property in White Bay, Newfoundland. The Viking Project contains the Thor Gold Deposit and other gold prospects and showings.
Financial Overview
For the fiscal year ended 31 December 2018, Anaconda Mining Inc revenues increased from C$15.4M to C$31.7M. Net loss totaled C$1.7M vs. income of C$905K. Revenues reflect Silver increase of 78% to C$28K. Net loss reflects Corporate administration increase of 46% to C$4M (expense), Research and development increase from C$59K to C$515K (expense), Share-based compensation expense increase from C$132K to C$545K (expense).
Employees: 185 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $36.35M as of Dec 31, 2018
Annual revenue (TTM): $31.73M as of Dec 31, 2018
EBITDA (TTM): $7.86M as of Dec 31, 2018
Net annual income (TTM): -$1.69M as of Dec 31, 2018
Free cash flow (TTM): -$1.15M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 118,766,635 as of Jan 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization