Ad blocking detected

Thank you for visiting 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
$500/ 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

* 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.

Eloro Resources Ltd. (V:ELO)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 20 Adelaide St E Suite 200
Tel: 1-416-8689168
IR: See website
Key People
Thomas G. Larsen
Chairman of the Board, Chief Executive Officer
Miles A. Nagamatsu
Chief Financial Officer
Jorge Estepa
Vice President, Treasurer, Corporate Secretary
Bill Pearson
Vice President - Exploration
Business Overview
Eloro Resources Ltd. is a Canada-based exploration and development company. The Company is focused on the development of a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Its projects include Iska Iska Project, La Victoria Gold/Silver Project and Quebec Projects. It has an option to acquire a 99% interest in the highly prospective Iska Iska Property, which is located approximately 48 kilometers (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 approximately 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 consisting of approximately 89 square kilometers. Its Quebec Projects include Lac Henri Property, Delta Property, Eastmain Property and Lemoyne North Property.
Financial Overview
For the three months ended 30 June 2021, EloroResources Ltd revenues was not reported. Net loss decreased4% to C$528K. Lower net loss reflects Stock-basedcompensation decrease from C$356K (expense) to C$0K,Financing Bonus decrease from C$30K (expense) to C$0K,Financing fee decrease from C$30K (expense) to C$0K. BasicEarnings per Share excluding Extraordinary Items remainedflat at -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $170.68M as of Sep 30, 2021
Annual revenue (TTM): $0.00M as of Sep 30, 2021
EBITDA (TTM): -$4.43M as of Sep 30, 2021
Net annual income (TTM): -$4.64M as of Sep 30, 2021
Free cash flow (TTM): -$7.72M as of Sep 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 62,562,882 as of Nov 25, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization