Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 918-1030 West Georgia St. VANCOUVER BC V6E 2Y3 |
Tel: | N/A |
Website: | https://www.summasilver.com |
IR: | See website |
Key People | ||
Galen Mcnamara Chief Executive Officer, Director | Martin Bajic Chief Financial Officer, Director |
Business Overview |
Summa Silver Corp. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation activities at the Hughes property in Nevada and the Mogollon property in New Mexico. The Company owns a 100% interest in the Hughes project located in central Nevada. The Hughes Property is located in central Nevada and consists of approximately 57 patented mining claims and 103 unpatented mining claims. It covers an area of approximately 5,504 acres. The Company also holds a 100% interest in the Mogollon project located in southwestern New Mexico. The Mogollon project is located approximately 120 kilometers from Silver City in southwestern New Mexico. It covers a silver-gold bearing epithermal vein field. |
Financial Overview |
For the three months ended 30 November 2023, Summa Silver Corp revenues was not reported. Net loss decreased 1% to C$540K. Lower net loss reflects General and administrative costs decrease of 47% to C$69K (expense), Shareholder information and marketing decrease of 51% to C$46K (expense), Stock-based compensation decrease of 14% to C$105K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $40.52M as of Nov 30, 2023 |
Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
EBITDA (TTM): | -$3.04M as of Nov 30, 2023 |
Net annual income (TTM): | -$2.83M as of Nov 30, 2023 |
Free cash flow (TTM): | -$9.46M as of Nov 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 104,867,575 as of Mar 27, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |