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Auxico Resources Canada Inc. (C:AUAG)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 230 Notre-Dame St W
Tel: N/A
IR: See website
Key People
Pierre Gauthier
Chairman of the Board, Chief Executive Officer
Mark Billings
President, Director
Jacques Arsenault
Chief Financial Officer
Michel Lebeuf
Corporate Secretary
Business Overview
Auxico Resources Canada Inc is a Canada-based mineral exploration company with silver-gold properties in the state of Sinaloa, Mexico. The Company holds approximately 20 mines per prospects in Zamora, Mexico. The Company, through its subsidiary, Auxico Resources S.A. de C.V. is a owner of the Zamora Silver-Gold Property (Zamora Property), which is located around 85 kilometers southeast of the city of Culiacan and nine kilometers northeast of the village of El Espinal in the state of Sinaloa, Mexico. The Zamora Property is a producer of silver and gold. The Zamora Property consists of over five individual lots measuring a total of approximately 3,376.63 hectares or over 8,343.64 acres. These lots are labeled Zamora, Campanillas, San Felipe, Chio and Gaby. The Zamora Property has a resource of over 35,000 tons at an average grade of approximately 1.37 kilogram per ton (kg/t) silver and over 11.6 gram per ton (g/t) gold.
Financial Overview
For the six months ended 31 March 2021, AuxicoResources Canada Inc revenues increased from C$0K toC$188K. Net loss increased from C$301K to C$6.9M. Revenuesreflect an increase in demand for the Company's productsand services due to favorable market conditions. Higher netloss reflects Exploration expenses increase from C$0K toC$459K (expense), Share-based compensation increase fromC$0K to C$344K (expense), Selling/General/Admin.
Reporting Currency: Canadian Dollars
Enterprise value: $38.10M as of Mar 31, 2021
Annual revenue (TTM): $0.19M as of Mar 31, 2021
EBITDA (TTM): -$2.10M as of Mar 31, 2021
Net annual income (TTM): -$9.76M as of Mar 31, 2021
Free cash flow (TTM): -$5.07M as of Mar 31, 2021
Net Debt Last Fiscal Year: $9.37M as of Mar 31, 2021
Shares outstanding: 57,174,000 as of Mar 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization