Euro Sun Mining Inc. (T:ESM)

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Business Focus: Gold Mining

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Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 65 Queen St W 8th Floor
Tel: N/A
IR: See website
Key People
G. Scott Scott Moore
President, Chief Executive Officer, Director
Paul Bozoki
Chief Financial Officer
Randall K. Ruff
Executive Vice President - Exploration
Lisa Doddridge
Vice President - Investor Relations and Corporate Communications
Michael Kozub
General Counsel, Corporate Secretary
Business Overview
Euro Sun Mining Inc, formerly Carpathian Gold Inc, is a Canada-based mineral exploration and development company. The Company focuses on gold and copper exploration on its property in Romania. The Company, through its subsidiaries, focuses on its exploration and development on Rovina Valley Au-Cu project in Romania. The Company's project is located approximately 20 kilometers from Eldorado Gold's Certej gold project. The Company's Rovina Valley Project consists of approximately three copper-gold porphyry systems, such as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 kilometers (KM) south of the Rovina Deposit and the Ciresata Deposit is approximately four kilometers south of the Colnic Deposit. The Company holds the Rovina Valley Project through an exploration license, which covers a total of approximately 90 square kilometers. The Company, through its subsidiary, Mineracao Riacho dos Machados, holds interest in Riacho dos Machados gold project (RDM).
Financial Overview
For the six months ended 30 June 2018, Euro Sun Mining Inc revenues was not reported. Net loss increased from $2.1M to $5M. Higher net loss reflects Exploration and evaluation expenditures increase of 53% to $1.9M (expense), Loss (gain) on foreign exchange increase from $267K (income) to $292K (expense), Interest Income decrease of 92% to $1K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.04 to -$0.09.
Employees: 422 as of Dec 31, 2014
Reporting Currency: U.S. Dollars
Enterprise value: $26.84M as of Jun 30, 2018
Annual revenue (TTM): $0.00M as of Jun 30, 2018
EBITDA (TTM): -$11.51M as of Jun 30, 2018
Net annual income (TTM): -$11.89M as of Jun 30, 2018
Free cash flow (TTM): -$10.32M as of Jun 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 57,575,461 as of Jun 30, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization