Aclara Resources Inc. (T:ARA)
Business Focus: Rare Earth Minerals
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
| Company Contact | |
| Address: | Av. Cerro el Plomo 5630, piso 15 LAS CONDES |
| Tel: | N/A |
| Website: | https://www.aclara-re.com |
| IR: | See website |
| Key People | ||
| Eduardo Hochschild Beeck Chairman of the Board | Ramon Barua Chief Executive Officer, Director | Francois Motte Sauter Chief Financial Officer | Barry Murphy Chief Operating Officer |
| Business Overview |
| Aclara Resources Inc, formerly 1303714 BC Ltd, is a Chile-based public company which engages in the Mineral Resources Business Sector. The Company is development-stage rare earth mineral resources company with approximately 450,500 hectares of mining concessions located in the Maule, Nuble, Biobio and Araucania regions of Chile. The Company focuses on the development and on the construction and operation of the Penco Module, which aims to produce a rare earth concentrate through a processing plant that is be fed by clays from nearby deposits. The Company also conducts exploration activities in order to determine if there are deposits within its other mining concessions that can be developed economically and with an adequate environmental footprint. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Aclara Resources Inc revenues was not reported. Net loss increased 36% to $11.4M. Higher net loss reflects Exploration expenses increase of 100% to $7M (expense), Depreciation and amortization increase from $570K to $1.3M (expense), Professional fees increase from $389K to $890K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.05 to -$0.07. |
| Employees: | 71 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $34.72M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$17.23M as of Dec 31, 2023 |
| Net annual income (TTM): | -$15.67M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$46.40M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 163,311,439 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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