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Emerita Resources Corp. (V:EMO)

Business Focus: Precious Metals & Minerals

Sector:  Basic Materials Industry:  Precious Metals & Minerals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 65 Queen St W Suite 800
TORONTO ON M5H 2M5
Tel: N/A
Website: www.emeritaresources.com
IR: See website
Key People
N/A    
Business Overview
Emerita Resources Corp is a Canada-based precious metals and minerals exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain and Brazil. The Company, along with its joint venture (JV) partner, Grupo Aldesa (Aldesa), holds an interest in the Plaza Norte Project located in the famous Reocin mining district in North Spain. The Salobro Project is comprised of two mining applications covering located in the Minas Gerais State of Brazil. The Plaza Norte Project is located in the Reocin Basin which hosts the Reocin mine. The Aznalcollar Project is a past-producing property within the prolific Iberian Pyrite Belt. The Paymogo Project is located in southwestern Spain and geologically is underlain by rocks of the Iberian Pyrite Belt with current and past producers of base metals sulphides.
Financial Overview
For the nine months ended 30 June 2020, EmeritaResources Corp revenues was not reported. Net lossincreased from C$467K to C$1.2M. Higher net loss reflectsGain on settlement of liabilities decrease from C$890K(income) to C$0K, Professional fees increase of 77% toC$87K (expense), Office expenses increase of 4% to C$73K(expense). Basic Earnings per Share excluding ExtraordinaryItems decreased from -C$0.01 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $18.45M as of Jun 30, 2020
Annual revenue (TTM): $0.00M as of Jun 30, 2020
EBITDA (TTM): -$1.17M as of Jun 30, 2020
Net annual income (TTM): -$2.86M as of Jun 30, 2020
Free cash flow (TTM): -$0.34M as of Jun 30, 2020
Net Debt Last Fiscal Year: $0.28M as of Jun 30, 2020
Shares outstanding: 84,794,018 as of Aug 21, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization