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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 2019, Emerita Resources Corp revenues was not reported. Net loss decreased 66% to C$467K. Lower net loss reflects Consulting and management fees decrease of 22% to C$710K (expense), Shareholder communication and filing fee decrease of 59% to C$45K (expense), Travel expenses decrease of 59% to C$40K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.06 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $4.02M as of Jun 30, 2019
Annual revenue (TTM): $0.00M as of Jun 30, 2019
EBITDA (TTM): -$1.87M as of Jun 30, 2019
Net annual income (TTM): -$3.52M as of Jun 30, 2019
Free cash flow (TTM): -$1.64M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 50,614,165 as of Jul 12, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization