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Rochester Resources Ltd. (V:RCT)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 1305-1090 Georgia St W
VANCOUVER BC V6E 3V7
Tel: N/A
Website: www.rochesterresources.com
IR: See website
Key People
Eduardo Luna
Chairman of the Board
Nick Demare
Chief Executive Officer, Director
Jose Manual Silva
Chief Financial Officer
Business Overview
Rochester Resources Ltd. is a Canada-based company engaged in the exploration and development of its mineral property interests in Mexico. The Company holds a 100% interest in the Mina Real and San Francisco Properties, which are located in the state of Nayarit, Mexico, east of the state capital city of Tepic. In addition, the Company has an agreement to acquire a 70% interest in the Santa Fe Property. The Mina Real Property consists of 11 mining concessions and one mineral claim encompassing a total area of over 21,367.42 hectares (ha). The contiguous Santa Fe Property consists of one mining concession totaling approximately 3,852.66 ha. The San Francisco Property consists of 12 mining concessions encompassing over 18,125.05 ha. Its subsidiaries include ALB Holdings Ltd., Mina Real Mexico S.A. de C.V. and Compania Minera Santa Fe S.A. de C.V.
Financial Overview
For the nine months ended 29 February 2024, Rochester Resources Ltd revenues decreased 5% to C$9.4M. Net loss decreased 9% to C$3.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Foreign exchange decrease of 50% to C$598K (expense), Depreciation decrease of 21% to C$242K (expense).
Employees: 2 as of May 31, 2003
Reporting Currency: Canadian Dollars
Enterprise value: $19.66M as of Feb 29, 2024
Annual revenue (TTM): $13.18M as of Feb 29, 2024
EBITDA (TTM): -$2.30M as of Feb 29, 2024
Net annual income (TTM): -$5.54M as of Feb 29, 2024
Free cash flow (TTM): $0.46M as of Feb 29, 2024
Net Debt Last Fiscal Year: $18.89M as of Feb 29, 2024
Shares outstanding: 47,144,125 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization