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 |