Eloro Resources Ltd. (V:ELO)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 20 Adelaide St E Suite 200 TORONTO ON M5C 2T6 |
| Tel: | 1-416-8689168 |
| Website: | https://elororesources.com |
| IR: | See website |
| Key People | ||
| Thomas G. Larsen Chairman of the Board, President, Chief Executive Officer | Miles A. Nagamatsu Chief Financial Officer | William N. Pearson Executive Vice President - Exploration |
| Jorge Estepa Vice President, Treasurer, Corporate Secretary | Christopher Holden Vice President - Corporate Development | |
| Business Overview |
| Eloro Resources Ltd. is a Canada-based exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. It is focused on developing its potential Iska Iska silver-tin polymetallic property in the Potosi Department of southern Bolivia. The Iska Iska Porvenir Concession is a road accessible, royalty-free property that covers an area of 900 hectares located 48-kilometer (km) north of Tupiza city, in the Sud Chichas Province of the Department of Potosi. It also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of Barrick's Lagunas Norte Gold Mine and Pan American Silver's La Arena Gold Mine. La Victoria consists of eight mining concessions and eight mining claims encompassing over 89 square kilometers. La Victoria has infrastructure with access to road, water and electricity and is located at an altitude that ranges from 3,150 m to 4,400 m above sea level. |
| Financial Overview |
| For the nine months ended 31 December 2023, Eloro Resources Ltd revenues was not reported. Net loss increased 59% to C$9.3M. Higher net loss reflects Stock-based compensation increase of 96% to C$6.8M (expense), FV Adjustments of Financial Investments decrease from C$8K (income) to C$219K (expense), Refundable tax credit notices of assessm decrease from C$143K (income) to C$0K. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $110.29M as of Dec 31, 2023 |
| Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
| EBITDA (TTM): | -$11.07M as of Dec 31, 2023 |
| Net annual income (TTM): | -$11.43M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$17.91M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 79,853,515 as of Apr 3, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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