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 |