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Santacruz Silver Mining Ltd. (V:SCZ)

Business Focus: Silver Mining

Sector:  Basic Materials Industry:  Precious Metals & Minerals
See Regulatory Filings on SEDAR
Company Contact
Address: 580 Hornby St Suite 880
Tel: 1-604-5691609
IR: See website
Key People
Arturo Prestamo
President, Chief Executive Officer, Director
Robert G. McMorran
Chief Financial Officer
Carlos Alberto Silva Ramos
Chief Operating Officer, Director
Business Overview
Santacruz Silver Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of mineral properties in Mexico, with a primary focus on silver and zinc, including gold and lead. Its segments include Rosario Mine; Veta Grande Mine; Exploration and evaluation properties, and Corporate and other. The Company focuses on a producing property, the Rosario Mine, and a development stage property, the Veta Grande Mine. In addition, it holds approximately four exploration properties in its mineral property portfolio, the San Felipe Project, the Gavilanes Project, the El Gachi Property, and the Minillas Property. The Rosario Mine consists of the Rey David and San Rafael mining concessions, which are located in the Municipality of Charcas in the State of San Luis Potosi, Mexico, approximately 184 kilometers north of the capital city of San Luis Potosi. The Veta Grande milling facility operates at approximately 330 tons per day.
Financial Overview
For the nine months ended 30 September 2020,Santacruz Silver Mining Ltd revenues increased 21% to$23.2M. Net loss decreased 80% to $886K. Revenues reflectMining operations increase of 35% to $23.2M. Lower net lossreflects Foreign exchange gain increase from $45K to $3.4M(income), IVA recovery inflationary gain increase from$160K to $695K (income), Debt forgiveness increase from $0Kto $412K (income).
Employees: 455 as of Dec 31, 2015
Reporting Currency: U.S. Dollars
Enterprise value: $117.91M as of Sep 30, 2020
Annual revenue (TTM): $42.22M as of Sep 30, 2020
EBITDA (TTM): -$7.63M as of Sep 30, 2020
Net annual income (TTM): -$21.57M as of Sep 30, 2020
Free cash flow (TTM): $0.52M as of Sep 30, 2020
Net Debt Last Fiscal Year: $8.31M as of Sep 30, 2020
Shares outstanding: 259,306,664 as of Nov 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization