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Santacruz Silver Mining Ltd. (V:SCZ)

Business Focus: Silver Mining

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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
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 three months ended 31 March 2019, Santacruz Silver Mining Ltd revenues increased 4% to $3.3M. Net loss increased from $806K to $1.8M. Revenues reflect Total revenues Cost of sales increase from $753K to $2.5M. Higher net loss reflects Foreign Exchange Loss increase from $0K to $496K (expense), Foreign exchange gain decrease from $174K (income) to $0K, Professional fees increase from $92K to $242K (expense).
Employees: 455 as of Dec 31, 2015
Reporting Currency: U.S. Dollars
Enterprise value: $22.30M as of Mar 31, 2019
Annual revenue (TTM): $17.36M as of Mar 31, 2019
EBITDA (TTM): -$5.45M as of Mar 31, 2019
Net annual income (TTM): -$7.43M as of Mar 31, 2019
Free cash flow (TTM): -$3.47M as of Mar 31, 2019
Net Debt Last Fiscal Year: $6.39M as of Mar 31, 2019
Shares outstanding: 174,670,984 as of Mar 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization