American Cumo Mining Corporation (V:MLY)

Ad blocking detected

Thank you for visiting 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 two offers if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
3 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
10-day money back guarantee*
Canadian Insider Ad-Free
$49/ year*
All benefits of basic registration
No 3rd party display ads
10-day money back guarantee*

* Price is subject to applicable taxes. Money back guarantee: For bona fide Ad-Free or Canadian Insider Club subscribers, if you downgrade to Basic or cancel with-in 10 days of first subscribing, we will refund your payment upon request. Immediately after downgrading or cancelling, using the same email that is associated with your account, request a refund via our Contact Us form at the bottom of the page. We will only consider one refund request per household or organization. We cannot accommodate refund requests where an account holder has not provided verifiable address and billing information.

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.

Business Focus: Integrated Mining

Log in or join to add this stock to your watch list.
Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 638 Millbank
Tel: 1-604-6897902
IR: See website
Key People
John Moeller
Independent Chairman of the Board
Shaun M. Dykes
President, Chief Executive Officer, Director
Trevor Burns
Chief Financial Officer, Vice President - Corporate Communications, Director
Brett A. Kagetsu
Corporate Secretary
Business Overview
American CuMo Mining Corporation is a Canada-based exploration and development company with mineral right interests in the United States and Canada. Its segments include Canada and the United States. Its CuMo molybdenum project is located in the mountains of south-central Idaho, approximately 15 miles northeast of the town of Idaho City in the United States. It consists of approximately eight unpatented mineral claims. It has two layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum, and the lower half includes molybdenum, with lower grades of silver and copper. Its Boise property, also located in Idaho, is contiguous to and provides access to the CuMo molybdenum Project. The Spruce Mountain molybdenum-silver porphyry project is located in North Eastern Nevada, the United States, approximately 25 miles north of the town of Currie. It is a prospective property for molybdenum, with copper, silver, gold and rhenium by-products.
Financial Overview
For the three months ended 30 September 2018, American CuMo Mining Corp revenues was not reported. Net loss increased 43% to C$594K. Higher net loss reflects Shareholder communications and regulator increase from C$57K to C$193K (expense), Convertible note expense increase from C$0K to C$93K (expense), Interest expense and bank charges increase of 88% to C$39K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $18.07M as of Sep 30, 2018
Annual revenue (TTM): $0.00M as of Sep 30, 2018
EBITDA (TTM): -$1.78M as of Sep 30, 2018
Net annual income (TTM): -$2.12M as of Sep 30, 2018
Free cash flow (TTM): -$3.67M as of Sep 30, 2018
Net Debt Last Fiscal Year: $7.70M as of Sep 30, 2018
Shares outstanding: 178,987,155 as of Jan 18, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization