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Robex Resources Inc. (V:RBX)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 2875 Laurier Boulevard,, Suite 1000
QUEBEC QC G1V 2M2
Tel: N/A
Website: www.robexgold.com
IR: See website
Key People
Aurelien Bonneviot
Chief Executive Officer, Independent Director
Alain William
Chief Financial Officer
Robert Godbout
Vice - Chief Operation Officer
Daniel Marini
Chief Operating Officer
Augustin Rousselet
Chief Information Officer
Nicolas Ros De Lochounoff
Director of Legal Affairs and Human Resources
Business Overview
Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.
Financial Overview
For the nine months ended 30 September 2023, Robex Resources Inc revenues increased 10% to C$98.5M. Net income decreased 36% to C$17.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Operations segment income decrease of 38% to C$26.8M, Explorations segment loss increase from C$54K to C$2M, Corporate segment loss increase of 24% to C$7.7M.
Reporting Currency: Canadian Dollars
Enterprise value: $169.38M as of Sep 30, 2023
Annual revenue (TTM): $121.31M as of Sep 30, 2023
EBITDA (TTM): $51.32M as of Sep 30, 2023
Net annual income (TTM): $20.60M as of Sep 30, 2023
Free cash flow (TTM): -$1.75M as of Sep 30, 2023
Net Debt Last Fiscal Year: $46.32M as of Sep 30, 2023
Shares outstanding: 844,054,403 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization