Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | 66 Wellington Street West Suite 5300, TD Bank Tower Box 48 TORONTO ON M5K 1E6 |
Tel: | N/A |
Website: | https://eurosunmining.com |
IR: | See website |
Key People | ||
Grant Sboros Chief Executive Officer, Director | Ryan Ptolemy Chief Financial Officer | Kenny Choi Corporate Secretary |
Business Overview |
Euro Sun Mining Inc. is a Canada-based mining company focused on exploration of gold and copper. The Company is focused primarily on its 100% owned Rovina Valley Project (RVP) located in west-central Romania. The Company operates through the development of its Romanian mining permit segment. The Rovina Valley Project consists of three copper-gold porphyry systems, such as Rovina, Colnic and Ciresata. The Company's wholly owned subsidiaries include SAMAX Romania Limited and SAMAX Romania S.R.L. |
Financial Overview |
For the three months ended 31 March 2024, Euro Sun Mining Inc revenues was not reported. Net loss decreased 57% to $640K. Lower net loss reflects Share-based compensation decrease of 98% to $6K (expense), Exploration and evaluation expenditures decrease of 49% to $331K (expense), Loss on Convertible Security decrease from $61K (expense) to $0K. |
Employees: | 57 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $21.74M as of Mar 31, 2024 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
EBITDA (TTM): | -$4.35M as of Mar 31, 2024 |
Net annual income (TTM): | -$4.40M as of Mar 31, 2024 |
Free cash flow (TTM): | -$2.15M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $1.17M as of Mar 31, 2024 |
Shares outstanding: | 320,542,925 as of May 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |