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Orogen Royalties Inc. (V:OGN)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 1015-789 West Pender Street
VANCOUVER BC V6C 1H2
Tel: N/A
Website: https://www.orogenroyalties.com
IR: See website
Key People
J. Patrick Nicol
President, Chief Executive Officer, Director
Marcus Tran
Chief Financial Officer
Marco Locascio
Vice President - Corporate Development
Laurence Pryer
Vice President - Exploration
Rosana Batista
Corporate Secretary
 
Business Overview
Orogen Royalties Inc. is a royalty and mineral exploration company. The Company is focused on organic royalty creation and royalty acquisition on precious and base metal discoveries in western North America. It has a diverse portfolio of precious metal royalties and copper, gold and silver exploration projects in Canada, the United States, Mexico, Argentina and Kenya. The Company has two business segments: mineral royalties and mineral exploration project generation. It also owns a geological database covering parts of Mexico, central Asia, the South Pacific, western Canada, and the western United States. Its flagship royalties include Ermitano and Silicon. The Ermitano property consists of 167 square kilometers of contiguous mineral tenure located approximately 145 kilometers from Hermosillo and only 3.5 kilometers southeast of First Majestic's Santa Elena gold-silver mine in Sonora, Mexico. The Silicon project is located in the Bare Mountain mining district, Nye County, Nevada.
Financial Overview
For the fiscal year ended 31 December 2023, Orogen Royalties Inc revenues increased 58% to C$6M. Net income increased from C$840K to C$3M. Revenues reflect United States (Country) segment increase from C$0K to C$32K. Net income benefited from Gain from prospect generation activities increase from C$843K to C$1.8M (income), Impairment of mineral properties decrease from C$418K (expense) to C$0K.
Employees: 10 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $192.38M as of Dec 31, 2023
Annual revenue (TTM): $5.98M as of Dec 31, 2023
EBITDA (TTM): $1.37M as of Dec 31, 2023
Net annual income (TTM): $3.04M as of Dec 31, 2023
Free cash flow (TTM): $2.05M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 193,609,148 as of Mar 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization