Minera Alamos Inc. (V:MAI*CA)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 55 York Street, Suite 402
Tel: N/A
Website: mineraalamos.com
IR: See website
Key People
Douglas Ramshaw
President, Director
Darren M. Koningen
Chief Executive Officer, Director
Christopher Chadder
Chief Financial Officer
Business Overview
Minera Alamos Inc. is Canada-based gold development company. The Company has a portfolio of Mexican assets, including Santana Project, La Fortuna Project and Cerro De Oro Gold Project. The Santana Project is an open pit mining with heap leach processing, and is located approximately 200 kilometers east-southeast of Hermosillo, Sonora, Mexico. The La Fortuna Project includes the La Fortuna mine together with the surrounding concessions, totaling approximately 994 hectares. The La Fortuna property is located in the northwestern corner of the State of Durango, Mexico, approximately 70 kilometers northeast of the city of Culiacan, Sinaloa. The Cerro De Oro Gold Project is located less than three km from the town of Melchor Ocampo and approximately 30 km from the district's mining hub at Concepcion del Oro. The Company's subsidiaries include Minera Alamos de Sonora S.A. de C.V.; Molibdeno Los Verdes S.A. de C.V.; Cobre 4H S.A. de C.V.; and Virgin Metals USA, Inc.
Financial Overview
For the six months ended 30 June 2021, Minera AlamosInc revenues was not reported. Net loss totaled C$1.5M vs.income of C$6.1M. Net loss reflects Exploration/Dry HoleExp(Incl Write Off) increase from C$3.8M (income) to C$523K(expense), Unrealized gain on marketable securitiesdecrease of 29% to C$2.3M (income), Foreign exchange (gain)loss decrease from C$144K (income) to C$155K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $216.17M as of Jun 30, 2021
Annual revenue (TTM): $0.00M as of Jun 30, 2021
EBITDA (TTM): -$9.88M as of Jun 30, 2021
Net annual income (TTM): -$1.49M as of Jun 30, 2021
Free cash flow (TTM): -$15.69M as of Jun 30, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 443,538,353 as of Jul 23, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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