Atico Mining Corporation (V:ATY)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 501 - 543 Granville Street VANCOUVER BC V6C 1X8 |
| Tel: | N/A |
| Website: | www.aticomining.com |
| IR: | See website |
| Key People | ||
| Alain Bureau President | Fernando E. Ganoza Chief Executive Officer, Director | Matias Herrero Chief Financial Officer |
| Jorge R. Ganoza Aicardi Vice President - Operations and Projects, Director | Joseph Salas Tamayo Senior Exploration Manager | Kim C. Casswell Corporate Secretary |
| Business Overview |
| Atico Mining Corporation is a Canada-based company, which is engaged in copper-gold mining and related activities, including exploration, development, extraction, and processing in Colombia and the acquisition, exploration and development of copper and gold projects in Latin America. The Company's principal project is the El Roble mine, which is an underground copper, gold and silver mine. The property is located in Carmen de Atrato, Colombia. The El Roble, operating an underground mine, has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide deposit. The Company's La Plata project is located in the district of Toachi, approximately 100 kilometers southwest of Quito, Ecuador. The La Plata project consists of two concessions covering a total area of approximately 2,235 hectares. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Atico Mining Corp revenues decreased 12% to $57.5M. Net loss increased 54% to $5.7M. Revenues reflect Provisional pricing adjustments increase from -$719K to $232K. Higher net loss reflects Salaries and benefits increase of 6% to $2.8M (expense), Fair Value Adjustment on derivative I increase from $0K to $93K (expense), Interest and other expenses increase of 1% to $2.4M (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $49.23M as of Dec 31, 2023 |
| Annual revenue (TTM): | $78.61M as of Dec 31, 2023 |
| EBITDA (TTM): | $18.89M as of Dec 31, 2023 |
| Net annual income (TTM): | -$7.74M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$4.27M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $25.04M as of Dec 31, 2023 |
| Shares outstanding: | 121,286,185 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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