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 |