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Patagonia Gold Corp. (V:PGDC)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Del Libertador 498. Piso 26
BUENOS AIRES C1001ABR
Tel: 1-403-6177609
Website: https://patagoniagold.com
IR: See website
Key People
Christopher Van Tienhoven
Chief Executive Officer, Director
Cristian Lopez Saubidet
Chief Financial Officer
 
Business Overview
Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a mineral exploration and production company. The Company's activities include the exploration and production of minerals from properties in Argentina and Chile. It holds, directly or indirectly through its subsidiaries or under option agreements, the mineral rights and interests to over 350 properties in Argentina, Chile, and Uruguay. The Company is present in Santa Cruz province through the Martha mine. The Company also owns the Calcatreu Project in the Rio Negro province, which is a gold and silver project. The Company Management is based mainly in Buenos Aires, Argentina and the Company maintains offices and support facilities in Perito Moreno and Jacobacci and its operation sites.
Financial Overview
For the fiscal year ended 31 December 2023, Patagonia Gold Corp revenues decreased 33% to $8.2M. Net loss increased 49% to $6.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other income decrease of 50% to $5.4M (income), Gain on foreign exchange decrease of 56% to $1.1M (income).
Reporting Currency: U.S. Dollars
Enterprise value: $59.70M as of Dec 31, 2023
Annual revenue (TTM): $11.25M as of Dec 31, 2023
EBITDA (TTM): -$12.11M as of Dec 31, 2023
Net annual income (TTM): -$8.62M as of Dec 31, 2023
Free cash flow (TTM): -$8.47M as of Dec 31, 2023
Net Debt Last Fiscal Year: $50.39M as of Dec 31, 2023
Shares outstanding: 465,051,490 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization