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Candelaria Mining Corp. (V:CAND)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1012 - 1030 West Georgia Street
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: www.candelariamining.com
IR: See website
Key People
Manuel Gomez
Chairman of the Board
Hector Felix Gonzalez Ramirez
Interim Chief Executive Officer, Director
Omar Garcia Abrego
Interim Chief Financial Officer
Business Overview
Candelaria Mining Corp. is a Canada-based precious metals focused exploration and mining company. The Company is engaged in two gold projects in Mexico: the 100%-owned construction-ready high-grade Pinos gold project located in the state of Zacatecas, and the 100%-owned advanced-exploration stage Caballo Blanco project located in the state of Veracruz. The Pinos Project is situated in the central part of the Mexican Republic, adjacent to the municipality of Pinos, in the south-eastern portion of Zacatecas. The Project is approximately 80 kilometers (kms) west from the city of San Luis Potosi and approximately 140 kms east from Zacatecas, the State capital. It consists of around 3,816 hectares comprising over 29 concessions. The Caballo Blanco Project is situated on the eastern coast of Mexico in the state of Veracruz, around 65 km northwest of the city of Veracruz. It covers over 9,650 hectares (ha) comprising over 14 contiguous mining claims. Its subsidiary is Minera Apolo SA de CV.
Financial Overview
For the nine months ended 31 January 2024, Candelaria Mining Corp revenues was not reported. Net loss decreased 60% to C$1.4M. Lower net loss reflects Exploration expense decrease of 59% to C$558K (expense), Consulting and professional fees decrease of 58% to C$305K (expense), Stock-based compensation decrease of 87% to C$57K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $1.68M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$1.71M as of Jan 31, 2024
Net annual income (TTM): -$2.31M as of Jan 31, 2024
Free cash flow (TTM): -$1.12M as of Jan 31, 2024
Net Debt Last Fiscal Year: $2.23M as of Jan 31, 2024
Shares outstanding: 149,873,000 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization