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Los Andes Copper Ltd. (V:LA)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 1100-1199 West Hastings Street
VANCOUVER BC V6E 3T5
Tel: N/A
Website: https://www.losandescopper.com
IR: See website
Key People
Eduardo Covarrubias
Executive Chairman of the Board
Harry Nijjar
Chief Financial Officer
Antony Amberg
Chief Geologist
Business Overview
Los Andes Copper Ltd. is a Canada-based exploration and development company, which is focused on developing the Vizcachitas copper-molybdenum porphyry project in Chile. The Company owns 100% of the Vizcachitas project, which is advanced copper deposits in the Americas. The project is a copper-molybdenum porphyry deposit, located approximately 150 kilometers (km) north of Santiago in the Rio Rocin Valley, at a road distance of approximately 46 kilometers from the town of Putaendo. The Vizcachitas Property includes a porphyry copper-molybdenum deposit that offers potential for a low strip, open pit operation. The Company owns approximately 52 exploitation mining concessions covering 10,771 hectares and 183 exploration claims covering a combined total of 51,000 hectares (including the Initial Properties).
Financial Overview
For the three months ended 31 December 2023, Los Andes Copper Ltd revenues was not reported. Net loss increased 5% to C$783K. Higher net loss reflects Change in fair value of derivative liabi decrease of 54% to C$465K (income), Foreign exchange gain (loss) increase from C$17K to C$314K (expense), Change in fair value of DSU liability decrease of 96% to C$7K (income). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $290.62M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$3.08M as of Dec 31, 2023
Net annual income (TTM): -$0.14M as of Dec 31, 2023
Free cash flow (TTM): -$10.09M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 29,501,282 as of Mar 27, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization