Andean Precious Metals Corp. (V:APM)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 161 Bay Street, Suite 2700 TORONTO ON M5J 2S1 |
| Tel: | N/A |
| Website: | https://www.andeanpm.com |
| IR: | See website |
| Key People | ||
| Alberto Morales Executive Chairman of the Board, Chief Executive Officer | Juan Carlos Sandoval Chief Financial Officer | Humberto Rada President, Bolivia | Segun Odunuga Executive Vice President - Finance |
| Business Overview |
| Andean Precious Metals Corp. is a Canada-based precious metals producer. The Company is focused on expanding into top-tier jurisdictions in the Americas. It is engaged in the exploration, exploitation, treatment, refining and commercialization of dore containing silver and gold, which it extracts from its own mining rights and through purchased third-party material. The Company's segments include Bolivia and United States of America. The Company owns a 100% interest in, through direct and indirect interests, Empresa Minera Manquiri S.A. (Manquiri) which is the operator of the San Bartolome processing facility, near Potosi, Bolivia. It also holds interest in Golden Queen Mining LLC, which is situated in Kern County, Southern California on 1,100 hectares. Its subsidiaries include Andean PM AB, Andean Metals SA de C.V., and 1295229 B.C Limited. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Andean Precious Metals Corp revenues increased 16% to $125.3M. Net income totaled $38.5M vs. loss of $10.1M. Revenues reflect Bolivia segment increase of 4% to $112M. Net Income reflects Purchase Gain of Golden Queen increase from $0K to $36.5M (income), Foreign exchange gain (loss) increase from $807K (expense) to $4.3M (income). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $104.83M as of Dec 31, 2023 |
| Annual revenue (TTM): | $171.69M as of Dec 31, 2023 |
| EBITDA (TTM): | $14.27M as of Dec 31, 2023 |
| Net annual income (TTM): | $52.80M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$2.54M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 150,470,809 as of Apr 22, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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