Sector: Basic Materials | Industry: Diversified Mining |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 120 Torbay Road, Suite W240 ST. JOHNS NL A1A 2G8 |
Tel: | N/A |
Website: | https://www.aurionresources.com |
IR: | See website |
Key People | ||
Matti Talikka Chief Executive Officer, Director | Mark Serdan Chief Financial Officer |
Business Overview |
Aurion Resources Ltd. is an exploration company. The Company is focused on exploring its fully owned Risti and Launi projects, as well as advancing joint venture (JV) properties in northern Finland. The Risti Project covers approximately 16197 hectares (ha) in the Central Lapland Greenstone Belt (CLGB) in northern Finland. The Risti Project is located about 10 kilometers (km) NNW of Sodankyla, Finland. Its Launi Property consists of two blocks, Launi East and Launi West with a combined area of approximately 144 square kilometers. It has interest in an approximately 268 square kilometers project area that includes the Kutuvuoma and Ahvenjarvi prospects. The Kutuvuoma prospect is a gold deposit. Its area is located along and adjacent to the major crustal scale Sirkka Shear Zone. The JV area includes discoveries, such Sinerma and Kutuvuoma East and various gold prospects, such as Kutuvuoma, Ahvenjarvi, Kettukuusikko, Hirvilavanmaa, Palovaara, Soretialehto and Soretiavuoma Tuongankuusikko. |
Financial Overview |
For the nine months ended 30 September 2022, Aurion Resources Ltd revenues was not reported. Net loss applicable to common stockholders increased 8% to C$4.3M. Higher net loss reflects Share of losses related to associate increase from C$278K to C$723K (expense), Share-based payments increase of 26% to C$1.2M (expense), Consultant increase from C$28K to C$257K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $50.14M as of Sep 30, 2022 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2022 |
EBITDA (TTM): | -$5.24M as of Sep 30, 2022 |
Net annual income (TTM): | -$7.68M as of Sep 30, 2022 |
Free cash flow (TTM): | -$8.19M as of Sep 30, 2022 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 117,854,678 as of Sep 30, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |