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Heliostar Metals Ltd. (V:HSTR)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 1090 West Georgia Street, Suite 700
VANCOUVER BC V6E 3V7
Tel: N/A
Website: https://www.heliostarmetals.com
IR: See website
Key People
Jacques Vaillancourt
Executive Chairman of the Board
Charles Walter Funk
Chief Executive Officer, Director
Mahesh Nalinda Liyanage
Chief Financial Officer
Samuel Anderson
Vice President - Exploration
Stewart Harris
Exploration Manager
Sheryl Dhillon
Corporate Secretary
Business Overview
Heliostar Metals Ltd. is a Canada-based junior mining company. The Company has a portfolio of high-grade gold projects in Mexico and Alaska. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico. Ana Paula gold mine is located in the Guerrero Gold Belt of southwestern Mexico, which is located approximately 15 kilometers (km) from Torex Gold's El-Limon mine. The San Antonio project is located in the southern peninsula of the Baja California Sur state of Mexico, approximately 45 km southeast of the city of La Paz and 160 km north of Cabo San Lucas. The land package is over 46,328 hectares. The Unga gold-silver project covers 250 square kilometers of neighboring Unga and Popof Islands, near the Alaska Peninsula and approximately 900 km southwest of Anchorage, Alaska. It also has the option to acquire a 100% interest in three properties in the northern portion of Mexico's Sonora state: Oso Negro project, La Lola project and Cumaro project.
Financial Overview
For the nine months ended 31 December 2023, Heliostar Metals Ltd revenues was not reported. Net loss applicable to common stockholders increased from C$2.8M to C$14.9M. Higher net loss reflects Exploration expenditures increase from C$797K to C$10.5M (expense), Share-based compensation increase from C$421K to C$1.6M (expense), Investor relations and marketing increase from C$399K to C$1.2M (expense).
Employees: 24 as of Mar 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $47.20M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$16.38M as of Dec 31, 2023
Net annual income (TTM): -$16.65M as of Dec 31, 2023
Free cash flow (TTM): -$14.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 184,292,180 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization