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.

Cerro de Pasco Resources Inc. (C:CDPR)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 203-22 Lafleur Ave.
ST-SAUVEUR QC J0R 1R0
Tel: N/A
Website: https://geniusproperties.ca
IR: See website
Key People
N/A    
Business Overview
Cerro de Pasco Resources Inc. is a Canada-based mining and resource management company. The Company is engaged in mining, developing and exploring its wholly owned 6,000-hectare (ha) Santander Mine in the highly prospective Antamina-Yauricocha Skarn Corridor, located approximately 215 kilometers (km) from Lima. It is also focused on the development of its principal 100% owned asset, the El Metalurgista mining concession comprising mineral tailings and stockpiles extracted from the Cerro de Pasco open pit mine in Central Peru. Its Quiulacocha tailings deposit covers approximately 115 ha with tailings deposited in the Quiulacocha Tailings Storage Facility (TSF). The Excelsior Stockpile is located over 175 km north-northeast of the city of Lima in the Region of Pasco, Peru and covers a surface area of 67.92 ha and contains approximately 70 metric tons (Mt) of broken rock. The surface area of the Excelsior stockpile lying within the El Metalurgista mining concession is approximately 35 ha.
Financial Overview
For the twelve months ended 31 December 2023, Cerro De Pasco Resources Inc revenues decreased 52% to $19.6M. Net loss before extraordinary items increased 50% to $27.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Care and maintenance increase from $0K to $5.3M (expense), Financial expenses increase of 57% to $2M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $38.61M as of Dec 31, 2023
Annual revenue (TTM): $26.75M as of Dec 31, 2023
EBITDA (TTM): -$28.90M as of Dec 31, 2023
Net annual income (TTM): -$37.63M as of Dec 31, 2023
Free cash flow (TTM): -$8.71M as of Dec 31, 2023
Net Debt Last Fiscal Year: $6.58M as of Dec 31, 2023
Shares outstanding: 347,813,434 as of Apr 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization