Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 210 1333 Johnston St, Suite 210 VANCOUVER BC V6H 3R9 |
Tel: | N/A |
Website: | https://www.almadexminerals.com |
IR: | See website |
Key People | ||
Duane Poliquin Chairman of the Board | Morgan J. Poliquin President, Chief Executive Officer, Director | Korm Trieu Chief Financial Officer | Douglas John Mcdonald Executive Vice President, Director |
Business Overview |
Almadex Minerals Ltd. is an exploration company that holds a mineral portfolio consisting of projects and NSR royalties in Canada, the United States, and Mexico. Its United States projects include Davis / Paradise Valley, New Hope, Monte Cristo, Veta and Willow. It also has three epithermal gold-silver prospects in Nevada, United States, including Confusion Hills, County Line and Silverton South. Its Canadian projects include Logan, Lac de Gras / ATW, Merit, and Nicoamen River. The Davis/Paradise Valley property comprises 302 claims totaling approximately 2,400 hectares with multiple targets, located approximately eight miles southeast of Gabbs, Nevada and five kilometers northeast of the Paradise Peak gold mine. Its royalty package consists of projects, which include La Bufa, Caballo Blanco, El Cobre, Cerro Colorado, El Encuentro, El Fuego, Ponderosa, Prospect Valley, Skoonka Creek and others. The Company also owns a number of portable diamond drill rigs. |
Financial Overview |
For the fiscal year ended 31 December 2023, Almadex Minerals Ltd revenues decreased 77% to C$1.7M. Net loss totaled C$2.9M vs. income of C$3.2M. Revenues reflect Exploration and drilling services decrease of 91% to C$603K. Net loss reflects Foreign exchange gain (loss) decrease from C$1.1M (income) to C$213K (expense), Share-based payments increase from C$56K to C$788K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | $1.69M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.92M as of Dec 31, 2023 |
Net annual income (TTM): | -$2.94M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2.13M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 61,007,944 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |