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 |