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SRG Mining Inc. (V:SRG)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Mont-Royal, 132-1320 Graham Blvd
MONT-ROYAL QC H3P 3C8
Tel: N/A
Website: https://srggraphite.com
IR: See website
Key People
Benoit La Salle
Executive Chairman of the Board
Matthieu Bos
President, Chief Executive Officer
Ugo Landry-Tolszczuk
Chief Financial Officer
Patrick Moryoussef
Chief Operating Officer
Raphael Beaudoin
Vice President - Operations, Metallurgy and Process Design
Elias J. Elias
Vice President, Legal and Corporate Affairs, Corporate Secretary
Jean-daniel Joly
Corporate Controller
   
Business Overview
SRG Mining Inc. is a Canada-based mining company focused on developing the Lola Graphite Project located in the Republic of Guinea, West Africa. The Company focuses on developing a fully integrated source of battery anode material to supply the European and North American lithium-ion and fuel cell markets. The Lola Graphite Project is located approximately 1,000 kilometers South-East of Conakry, the capital of the Republic of Guinea. The mining permit covers an area of approximately 94.38 square kilometers. The Lola Graphite Project deposit is present at surface over 8.7 kilometers strike length and is an average of 370 meters wide. The Company's mining properties are located in the Republic of Guinea (Guinea), Africa. The Company's subsidiaries include Sama Resources Guinee SARL, SRG Graphite International Inc., SRG Liberia Inc., and SRG Lithium Inc.
Financial Overview
For the nine months ended 30 September 2023, SRG Mining Inc revenues was not reported. Net loss increased 3% to C$4M. Higher net loss reflects Exploration and evaluation increase of 74% to C$1.2M (expense), Consulting fees increase of 61% to C$863K (expense), Travel and representation increase from C$136K to C$431K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $43.90M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$5.90M as of Sep 30, 2023
Net annual income (TTM): -$5.97M as of Sep 30, 2023
Free cash flow (TTM): -$4.71M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 116,735,961 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization