Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

IMPACT Silver Corp. (V:IPT)

Business Focus: Diversified Mining

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