Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 705 - 543 Granville Street VANCOUVER BC V6C 1X8 |
Tel: | 1-604-6647707 |
Website: | https://impactsilver.com |
IR: | See website |
Key People | ||
Frederick W. Davidson President, Chief Executive Officer, Director | Jerry Huang Chief Financial Officer | George A. Gorzynski Vice President - Exploration, Director |
Business Overview |
IMPACT Silver Corp. is a Canada-based company, which is engaged in silver, zinc and mining and related activities including exploration, development, and mineral processing in Mexico. The Company operates through two geographical segments: Mexico, and Canada. The Mexico segment includes the Company's mining operations and exploration properties. The Canada segment includes head office and group services. The Company operates a series of mines near Zacualpan in the State of Mexico and in Guerrero State as well as in the State of Chihuahua, and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. The Company owns and operates four producing silver mines and two production centers in south-central Mexico. Its current producing mines are the Guadalupe Mine, the Veta Negra Open Pit Mine, the San Ramon Deeps Mine, and the Cuchara Mine. The Veta Negra mine is located four kilometers northwest of the Guadalupe mill. |
Financial Overview |
For the fiscal year ended 31 December 2023, IMPACT Silver Corp revenues increased 27% to C$20.8M. Net loss increased from C$3.2M to C$7.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Accounting, audit and legal increase from C$173K to C$766K (expense), Investor relations, promotion and travel increase from C$111K to C$668K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $54.45M as of Dec 31, 2023 |
Annual revenue (TTM): | $20.76M as of Dec 31, 2023 |
EBITDA (TTM): | -$4.56M as of Dec 31, 2023 |
Net annual income (TTM): | -$7.57M as of Dec 31, 2023 |
Free cash flow (TTM): | -$15.05M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 213,574,696 as of Jan 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |