Auxico Resources Canada Inc. (C:AUAG*CA)
Business Focus: Non-Gold Precious Metals & Minerals (NEC)
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
| Company Contact | |
| Address: | 201 Notre Dame West, Suite 500 MONTREAL QC H2Y 1T4 |
| Tel: | N/A |
| Website: | https://www.auxicoresources.com |
| IR: | See website |
| Key People | ||
| Mark Billings Executive Chairman of the Board | Frederick Kozak President, Chief Executive Officer, Director | Jacques Arsenault Chief Financial Officer | Michel Lebeuf Corporate Secretary |
| Business Overview |
| Auxico Resources Canada Inc. is a mineral exploration company with silver-gold properties in the state of Sinaloa, Mexico. The Company is engaged in exploration mining opportunities in Colombia, the Democratic Republic of the Congo (DRC), Brazil and Bolivia. It holds a 100% interest in the Zamora Property (Mexico), which is host to over 15 historical mines and workings, stretching along a six kilometers northeast-southwest trending structure southeast of the city of Culiacan. Its Massangana tin tailings project has an estimated 30,000,000 tons of tailings averaging 2.83% total rare earth oxide content. It has acquired the surface rights to 1,482 hectares of land between two adjoining properties: Agualinda and the Mynastic property. It holds mineral and surface rights to the Minastyc Property located in the municipality of Puerto Carreno. Its subsidiaries include Auxico Resources S.A. de C.V., C.I. Auxico de Colombia S.A, Sociedad Minera Auxico S.A.S and Minera Auxico Bolivia S.A. |
| Financial Overview |
| For the nine months ended 30 June 2023, Auxico Resources Canada Inc revenues increased from C$82K to C$264K. Net income decreased 60% to C$14.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by FV/Uls Adjust on Derivatives for Hedgin decrease of 58% to C$19.4M (income), Accreted interest increase from C$460K to C$1.5M (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $43.21M as of Jun 30, 2023 |
| Annual revenue (TTM): | $0.63M as of Jun 30, 2023 |
| EBITDA (TTM): | -$5.40M as of Jun 30, 2023 |
| Net annual income (TTM): | $46.44M as of Jun 30, 2023 |
| Free cash flow (TTM): | -$4.38M as of Jun 30, 2023 |
| Net Debt Last Fiscal Year: | $6.26M as of Jun 30, 2023 |
| Shares outstanding: | 102,165,191 as of Dec 27, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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