Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | Blvd Partizanski Odredi No 42, 4 SKOPJE BC 1000 |
Tel: | N/A |
Website: | www.euromaxresources.com |
IR: | See website |
Key People | ||
Timothy M. Morgan-wynne Executive Chairman of the Board | Ali Vezvaei President, Non-Executive Director | Nikola Gulev Chief Financial Officer |
Patrick William Forward Executive Director | Nicolas Treand Executive Director |
Business Overview |
Euromax Resources Ltd is a Canada-based company that operates in mining industry. The Company is engaged in identifying, acquiring and developing mineral resources in Southeastern Europe. The Company has a development project in Northern Macedonia. The Company is focused on building and operating the gold-copper development asset in Ilovica-Shtuka in South East Macedonia. Ilovica-Shtuka copper/gold project's deposit type is copper gold porphyry. Its average annual production is 83 kilo ounces (Koz) of gold (Au) and 16 kilo tons (Kt) of copper (Cu). It is engaged in the bulk tonnage open pit mining. |
Financial Overview |
For the nine months ended 30 September 2023, Euromax Resources Ltd revenues was not reported. Net loss decreased 42% to C$3.9M. Lower net loss reflects Gain/(loss) on foreign exchange decrease from C$3.6M (expense) to C$12K (income), Salaries, directors and consultant fees decrease of 5% to C$672K (expense), Office and general decrease of 5% to C$149K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01. |
Employees: | 7 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $37.70M as of Sep 30, 2023 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
EBITDA (TTM): | -$3.65M as of Sep 30, 2023 |
Net annual income (TTM): | -$5.13M as of Sep 30, 2023 |
Free cash flow (TTM): | -$2.52M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $25.79M as of Sep 30, 2023 |
Shares outstanding: | 490,013,320 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |