Oroco Resource Corp. (V:OCO*CA)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1201, 1166 Alberni Street
VANCOUVER BC V6E 3Z3
Tel: N/A
Website: https://www.orocoresourcecorp.com
IR: See website
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Key People
Craig J. Dalziel
Executive Chairman of the Board
Ian Graham
President, Director
Richard Lock
Chief Executive Officer, Director
Steven Edward Vanry
Chief Financial Officer, Director
   
Business Overview
Oroco Resource Corp. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties in Mexico. Its projects include Santo Tomas, Xochipala and Salvador. The Company holds a net 85.5% interest in those central concessions which comprise approximately 1,172.9 hectares in the Santo Tomas Project, located in northwestern Mexico. The Company also holds an 80% interest in an additional 7,861.3 hectares of mineral concessions surrounding and adjacent to the Core Concessions (for a total project area of 9,034.2 hectares, or 22,324.4 acres). The Santo Tomas Project is situated within the Santo Tomas District, which extends up to the Jinchuan Groups Bahuerachi Project, approximately 14 kilometers (km) to the northeast. The Xochipala Property, located in Guerrero State, Mexico, comprises the contiguous 100% owned Celia Gene and Celia Generosa concessions. The Salvador Property is a mining concession in Guerero State.
Financial Overview
For the nine months ended 29 February 2024, Oroco Resource Corp. revenues was not reported. Net loss decreased 45% to C$2.5M. Lower net loss reflects Share-based payment decrease of 97% to C$85K (expense), Travel decrease of 75% to C$36K (expense), Shareholder communications and investor decrease of 52% to C$63K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.02 to -C$0.01.
Reporting Currency: Canadian Dollars
Enterprise value: $119.98M as of Feb 29, 2024
Annual revenue (TTM): $0.00M as of Feb 29, 2024
EBITDA (TTM): -$3.37M as of Feb 29, 2024
Net annual income (TTM): -$3.23M as of Feb 29, 2024
Free cash flow (TTM): -$11.95M as of Feb 29, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 229,214,458 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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