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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 six months ended 31 March 2020, Emerita Resources Corp revenues was not reported. Net loss totaled C$889K vs. income of C$127K. Net loss reflects Gain on settlement of liabilities decrease from C$890K (income) to C$0K, Professional fees increase from C$4K to C$74K (expense), Interest expense increase of 55% to C$40K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: $16.90M as of Mar 31, 2020
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$1.31M as of Mar 31, 2020
Net annual income (TTM): -$3.10M as of Mar 31, 2020
Free cash flow (TTM): -$1.38M as of Mar 31, 2020
Net Debt Last Fiscal Year: $0.35M as of Mar 31, 2020
Shares outstanding: 77,614,165 as of Jul 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization