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Euro Sun Mining Inc. (T:ESM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 66 Wellington Street West
Suite 5300, TD Bank Tower Box 48
TORONTO ON M5K 1E6
Tel: N/A
Website: https://eurosunmining.com
IR: See website
Key People
Grant Sboros
Chief Executive Officer, Director
Ryan Ptolemy
Chief Financial Officer
Kenny Choi
Corporate Secretary
Business Overview
Euro Sun Mining Inc. is a Canada-based mining company focused on exploration of gold and copper. The Company is focused primarily on its 100% owned Rovina Valley Project (RVP) located in west-central Romania. The Company operates through the development of its Romanian mining permit segment. The Rovina Valley Project consists of three copper-gold porphyry systems, such as Rovina, Colnic and Ciresata. The Company's wholly owned subsidiaries include SAMAX Romania Limited and SAMAX Romania S.R.L.
Financial Overview
For the nine months ended 30 September 2023, Euro Sun Mining Inc revenues was not reported. Net loss decreased 74% to $1.5M. Lower net loss reflects Exploration and evaluation expenditures decrease of 58% to $1.2M (expense), Financing fees decrease of 90% to $165K (expense), Consulting and management fees decrease of 29% to $535K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.03 to -$0.01.
Employees: 50 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $14.87M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$3.75M as of Sep 30, 2023
Net annual income (TTM): -$4.62M as of Sep 30, 2023
Free cash flow (TTM): -$2.16M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.54M as of Sep 30, 2023
Shares outstanding: 318,146,998 as of Oct 26, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization