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Strategic Minerals Europe Corp. (E:SNTA)

Business Focus: Specialty Mining & Metals (NEC)

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
Executive 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 fiscal year ended 31 December 2023, Strategic Minerals Europe Corp revenues increased 10% to $12.8M. Net loss increased from $1.4M to $16.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Financial Expense - Total - Balancing va increase from $259K to $767K (expense), Employee expenses increase of 14% to $2.8M (expense).
Employees: 64 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $8.86M as of Dec 31, 2023
Annual revenue (TTM): $17.54M as of Dec 31, 2023
EBITDA (TTM): -$3.67M as of Dec 31, 2023
Net annual income (TTM): -$23.21M as of Dec 31, 2023
Free cash flow (TTM): -$4.84M as of Dec 31, 2023
Net Debt Last Fiscal Year: $5.28M as of Dec 31, 2023
Shares outstanding: 238,315,516 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization