Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | SUITE 1050, 400 BURRARD STREET VANCOUVER BC V6C 3A6 |
Tel: | N/A |
Website: | https://grsilvermining.com |
IR: | See website |
Key People | ||
Eric Zaunscherb Chairman of the Board, Chief Executive Officer | Marcio Bastos Fonseca President, Chief Operating Officer, Director | Blaine Y. Bailey Chief Financial Officer, Corporate Secretary |
Business Overview |
GR Silver Mining Ltd. is a Canadian Mexico-focused junior mineral exploration company. The Company is engaged in silver-gold resource expansion on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. The San Marcial Area is a 1,250-hectare property, which is located approximately 98 km southeast of Mazatlan, in the state of Sinaloa, and five km south of the Company's Plomosas Mine Area. The Company controls 100% of two past producer precious metal underground and open pit mines, within the Plomosas Project, which includes the integrated San Marcial Area and Plomosas Mine. The Company holds 734 square kilometers (km2) of concessions containing various structural corridors totaling over 75 kilometers (km) in strike length. The Company owns a 100% interest in the La Trinidad Property located in the Rosario Mining District, Sinaloa, Mexico. |
Financial Overview |
For the nine months ended 30 September 2019, Gr Silver Mining Ltd revenues was not reported. Net loss decreased 37% to C$2.8M. Lower net loss reflects Share-based compensation decrease of 64% to C$189K (expense), Professional fees decrease of 54% to C$130K (expense), Property investigation decrease from C$110K (expense) to C$0K. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.14 to -C$0.06. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $57.73M as of Sep 30, 2019 |
Annual revenue (TTM): | $0.00M as of Sep 30, 2019 |
EBITDA (TTM): | -$4.04M as of Sep 30, 2019 |
Net annual income (TTM): | -$4.10M as of Sep 30, 2019 |
Free cash flow (TTM): | -$3.42M as of Sep 30, 2019 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 311,419,045 as of Apr 16, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |