Applied Minerals Inc (PK:AMNL)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
See Regulatory Filings on SEC
Company Contact
Address: 1200 Silver City Rd
PO Box 432
EUREKA UT 84628
Tel: N/A
Website: appliedminerals.com
IR: See website
<
Key People
Christopher T. Carney
Chief Executive Officer, Chief Financial Officer, Director 		   
Business Overview
Applied Minerals, Inc. owns the Dragon Mine in central Utah. From the mine the Company extract, process or has processed by a third party, halloysite clay and iron oxide for sale to a range of end markets. The Company markets the minerals directly and through distributors. It is also engaged in research and development and frequently works collaboratively with customers, consultants, distributors; and a third-party processor to process and enhance its halloysite clay products to improve the performance of its customers' existing and new products. Its halloysite clay, which the Company markets under the DRAGONITE trade name, is an aluminosilicate mineral with a hollow tubular shape. DRAGONITE can utilize halloysite's shape, high surface area, and reactivity to add significant functionality to a number of applications. The Company's iron oxide, which it markets under the AMIRON trade name, sales for use in cement, as well as an absorbent for hydrogen sulfide gas contained in natural gas.
Financial Overview
For the nine months ended 30 September 2022, Applied Minerals Inc revenues decreased 73% to $296K. Net loss applicable to common stockholders decreased 42% to $1.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General and administrative decrease of 13% to $1.1M (expense).
Employees: 13 as of Mar 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $47.75M as of Sep 30, 2022
Annual revenue (TTM): $0.60M as of Sep 30, 2022
EBITDA (TTM): -$1.95M as of Sep 30, 2022
Net annual income (TTM): -$2.34M as of Sep 30, 2022
Free cash flow (TTM): -$1.58M as of Sep 30, 2022
Net Debt Last Fiscal Year: $47.71M as of Sep 30, 2022
Shares outstanding: 403,209,363 as of Dec 6, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More