Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 365 Bay Street Suite 800. TORONTO ON M5H 2V1 |
Tel: | N/A |
Website: | https://www.buccaneergold.com |
IR: | See website |
Key People | ||
Miguel De La Campa Chairman of the Board | Jaime Perez Branger Chief Executive Officer, Director | Jose Alfonso Granda Chief Financial Officer |
Business Overview |
Strategic Minerals Europe Corp. is a Canada-based company, which is focused on the production, development, and exploitation of cassiterite, tantalite and columbite concentrate. The Company produces various mineral concentrates, such as tin, tantalum and niobium. The Company, through its wholly owned subsidiary, Strategic Minerals Spain, S.L. (SMS), produces, identifies, explores, and develops mineral resource properties in Spain. SMS holds 100% of the mining rights to the Penuota Project, located in the northwestern Spanish province of Ourense, and a 30% carried joint venture interest in the Alberta II and Carlota Lithium Project. Its Penouta Project is located in the northwestern Spanish province of Ourense, which covers approximately 282 hectares, which operates pen-pit mining of tin, tantalum, and niobium mineral resources. The Alberta II Project covers approximately 1,015 hectares. The Carlota Project covers approximately 2,670 hectares. |
Financial Overview |
For the nine months ended 30 September 2023, Strategic Minerals Europe Corp revenues increased 30% to $12.3M. Net loss increased from $624K to $1.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Employee expenses increase of 39% to $2.5M (expense), Other operating expenses - Balancing val increase of 14% to $5.2M (expense). |
Employees: | 64 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $9.23M as of Sep 30, 2023 |
Annual revenue (TTM): | $19.57M as of Sep 30, 2023 |
EBITDA (TTM): | -$3.60M as of Sep 30, 2023 |
Net annual income (TTM): | -$3.61M as of Sep 30, 2023 |
Free cash flow (TTM): | -$5.40M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $4.83M as of Sep 30, 2023 |
Shares outstanding: | 238,315,516 as of Sep 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |