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Prime Mining Corp. (T:PRYM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 710 - 1030 West Georgia St.
VANCOUVER BC V6E 2Y3
Tel: N/A
Website: https://epowermetals.com
IR: See website
Key People
Scott Hicks
Chief Executive Officer, Director
Ian Harcus
Chief Financial Officer
Andrew William Bowering
Executive Vice President, Director
Scott Smith
Executive Vice President - Exploration
Alexander Peter Tsakumis
Vice President - Investor Relations
Robert Peterman
Chief Commercial Officer
Business Overview
Prime Mining Corp. is a Canada-based company, which acquires, explores and develops interests in mineral projects in Mexico. The Company is focused on unlocking the full potential of the high-grade Los Reyes Gold-Silver Project in Mexico. The Company's Los Reyes project is located 43 kilometers(km) south-east of the mining-friendly city of Cosala, Sinaloa, with a land package of contiguous claims totaling 13,800 hectares. The project is located in the Guadalupe De Los Reyes mining district. Its Los Reyes property consists of a land package comprised of 37 contiguous concessions, totaling to a property size of 6,273 hectares. The Company has not generated revenue from operations.
Financial Overview
For the fiscal year ended 31 December 2023, Prime Mining Corp revenues was not reported. Net loss decreased 11% to C$24.4M. Lower net loss reflects Stock-based compensation decrease of 42% to C$2.4M (expense), Interest income increase from C$177K to C$1.7M (income), Exploration and evaluation decrease of 3% to C$17.1M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.24 to -C$0.18.
Employees: 70 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $283.20M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$26.48M as of Dec 31, 2023
Net annual income (TTM): -$24.39M as of Dec 31, 2023
Free cash flow (TTM): -$21.86M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 144,357,005 as of Mar 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization