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Royal Road Minerals Limited (V:RYR)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
See Regulatory Filings on SEDAR
Company Contact
Address: Ground Floor
Portman House, 32 Hue Street
SAINT HELIER JE2 3RE
Tel: N/A
Website: https://www.royalroadminerals.com
IR: See website
Key People
Timothy James Coughlin
President, Chief Executive Officer, Director
Cindy Christina Davis
Chief Financial Officer
Ivan Devia Manchola
Chief Operating Officer
Luis Puerto
Vice President - Corporate Administration
Mauricio Valencia
Chief Geologist
 
Business Overview
Royal Road Minerals Limited is a Jersey-based gold and copper exploration and development company. The Company advances its exploration programs either solely or in joint venture relationships with local and international mining companies and it holds exploration licenses in both Colombia and Nicaragua. The Company's projects include Caribe Nicaragua, Oro-Fino Nicaragua, Nueva America Nicaragua, Silvi Nicaragua, Murcielago Nicaragua, Guintar-Niverengo-Margaritas Colombia, Bambanita Nicaragua, Los Andes Nicaragua, La Merced Colombia, Rio Nulpe Colombia, La LLanada Colombia, El Molino Colombia, Piedra Iman Nicaragua and San Pedrito Colombia. The Caribe gold project is located in Nicaragua's North Caribbean Coast Autonomous region, close to the historic mining town of Rosita and 30 kilometers (km) to the southeast of Bonanza. The Oro-Fino Gold and Silver project forms part of the Los Milagros District and is located in Nicaragua's North Caribbean Coast Autonomous region.
Financial Overview
For the nine months ended 30 September 2022, Royal Road Minerals Ltd revenues was not reported. Net loss totaled C$5.4M vs. income of C$19.5M. Net loss reflects Gain for sale of property interest decrease from C$29.7M (income) to C$0K, Loss incurred from joint operation with increase of 50% to C$2M (expense), Professional fees increase from C$354K to C$897K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $6.99M as of Sep 30, 2022
Annual revenue (TTM): $0.00M as of Sep 30, 2022
EBITDA (TTM): -$7.86M as of Sep 30, 2022
Net annual income (TTM): -$9.06M as of Sep 30, 2022
Free cash flow (TTM): -$10.40M as of Sep 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 265,695,801 as of Sep 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization