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Lara Exploration Ltd. (V:LRA)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Suite 501, 543 Granville Street
VANCOUVER BC V6C 1X8
Tel: 1-416-7030010
Website: https://www.laraexploration.com
IR: See website
Key People
Miles F. Thompson
Chairman of the Board, President, Chief Executive Officer
William Tsang
Chief Financial Officer
Michael R. Bennell
Vice President - Exploration
Kim C. Casswell
Secretary
   
Business Overview
Lara Exploration Ltd. is an exploration company. The Company holds a diverse portfolio of prospects, deposits and royalties in Brazil, Peru and Chile. Its projects in Brazil include Planalto Copper Project, Liberdade Copper Project, and Celesta Copper Project. Its projects in Peru include Corina Gold Project, Kenita Polymetallic Project, Lara Copper Project, and Picha Copper-Silver Project. Its projects in Chile include the Bahia Inglesa Phosphate Project. The Planalto Project comprises a about 3,866-hectare (ha) block of exploration licenses. The Liberdade Copper Project comprises an exploration license of about 8,491 ha. The Celesta Copper Project comprises multiple high-grade iron oxide copper gold (IOCG) breccias. The Corina Gold Project comprises a block of licenses totaling about 8,300 ha. The Lara Property consists of three mineral concessions, covering an area of about 1,800 ha. The Kenita Polymetallic Project is located in the Huancavelica Department of Central Peru.
Financial Overview
For the six months ended 30 June 2024, Lara Exploration Ltd revenues was not reported. Net income totaled C$149K vs. loss of C$2.2M. Net income reflects Exploration and evaluation of assets segment loss remaining flat at C$1.5M.
Reporting Currency: Canadian Dollars
Enterprise value: $70.64M as of Sep 30, 2024
Annual revenue (TTM): $0.00M as of Sep 30, 2024
EBITDA (TTM): -$2.61M as of Sep 30, 2024
Net annual income (TTM): -$0.16M as of Sep 30, 2024
Free cash flow (TTM): -$1.70M as of Sep 30, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 49,427,272 as of Nov 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization