Madoro Metals Corp. (V:MDM)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | #1450 - 789 West Pender Street VANCOUVER BC V6C 1H2 |
| Tel: | N/A |
| Website: | https://madorometals.com |
| IR: | See website |
| Key People | ||
| Brian Ostroff Executive Chairman of the Board | Dusan P. Berka President, Chief Executive Officer, Director | Zahara Kanji-Aquino Chief Financial Officer |
| Business Overview |
| Madoro Metals Corp. is a precious metals company engaged in the evaluation, acquisition, and exploration of mineral properties in Mexico and Canada. It is engaged in the exploration of three gold-silver projects in the state of Oaxaca, Mexico. The Yautepec, Magdalena and Rama de Oro projects each consist of epithermal systems that are prospective for precious metals in structural and geologic setting. It also owns a 50% interest in the Ralleau mineral property in the Urban Barry District, Lebel-sur-Quevillon area of Quebec. The Yautepec project comprises over 12,000 hectares of epithermal targets 22 kilometers southeast of Gold Resource Corporation's producing Arista-Switchback mines. The Magdalena project comprises a single 480-hectare property centered on altered volcanic rocks 20 km southeast of Gold Resource Corp's active Arista-Switchback Au-Ag mines. The Rama de Oro project comprises of 1,940 hectares at the northwestern terminus of the Oaxaca Au-Ag polymetallic volcanic belt. |
| Financial Overview |
| For the nine months ended 30 November 2023, Madoro Metals Corp revenues was not reported. Net loss increased 54% to C$422K. Higher net loss reflects Legal fees increase from C$25K to C$82K (expense), Unrealized gain (loss) on marketable sec increase from C$32K to C$80K (expense), Accounting and audit fees increase of 28% to C$61K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1.18M as of Nov 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
| EBITDA (TTM): | -$0.63M as of Nov 30, 2023 |
| Net annual income (TTM): | -$0.74M as of Nov 30, 2023 |
| Free cash flow (TTM): | -$0.54M as of Nov 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 74,296,716 as of Feb 6, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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