Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Aurania Resources Ltd. (V:ARU)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 8 King St. E, Suite 1800
TORONTO ON M5C 1B5
Tel: N/A
Website: https://aurania.com
IR: See website
Key People
Keith M. Barron
Executive Chairman of the Board, Chief Executive Officer
Antony Wood
Chief Financial Officer, Corporate Secretary
Carolyn Muir
Vice President - Investor Relations
Jean Paul Pallier
Vice President - Exploration
   
Business Overview
Aurania Resources Ltd. is a Canada-based mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities-Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes-mountain range of southeastern Ecuador. The Company holds a 100% interest in the Lost Cities Project, comprised of certain mineral concessions covering approximately 207,764 hectares (ha) in southeastern Ecuador. The Company's land position in Peru consists of a total of approximately 130 concession applications and concession titles covering 128,700 ha. The Company has no steady source of revenue.
Financial Overview
For the nine months ended 30 September 2023, Aurania Resources Ltd revenues was not reported. Net loss decreased 13% to C$8.7M. Lower net loss reflects Loss (gain) on foreign exchange decrease of 92% to C$40K (expense), Management fees decrease of 64% to C$237K (expense), Stock-based compensation decrease of 42% to C$532K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.18 to -C$0.14.
Employees: 27 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $21.08M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$9.61M as of Sep 30, 2023
Net annual income (TTM): -$11.09M as of Sep 30, 2023
Free cash flow (TTM): -$8.55M as of Sep 30, 2023
Net Debt Last Fiscal Year: $9.35M as of Sep 30, 2023
Shares outstanding: 67,471,747 as of Oct 12, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization