Rio Silver Inc. (V:RYO*CA)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | 595 Burrard St. VANCOUVER BC V7X 1L4 |
| Tel: | N/A |
| Website: | https://www.riosilverinc.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Rio Silver Inc. is a Canada-based resource company engaged in identifying and acquiring precious metal assets. The Company's flagship, the 100% owned Ninobamba Project, hosts 2 discreet precious metal deposits at opposite ends of an 8 kilometers (km) prospective corridor in a prolific precious metals hosting geological belt in central Peru. Ninobamba Project is located in the silver district approximately 330 km southeast of Lima in the Department of Ayacucho, Peru. It consists of over 4490 hectares (ha). Its Gerow Lake Project covers over 5,312 ha and is located in the Archean aged Superior Province, within the Pierce-Ponask-Sachigo greenstone belt in the northwest quadrant of the James Bay Lowlands, Red Lake Mining District, Ontario. The Company's Palta Dorada gold-silver-copper (Au-Ag-Cu) property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 1200 ha. Its subsidiaries include Rio Silver Exploration Ltd. and Minera Rio Plata S.A.C. |
| Financial Overview |
| For the nine months ended 30 September 2023, Rio Silver Inc revenues was not reported. Net loss decreased 18% to C$416K. Lower net loss reflects Exploration and evaluation expenditures decrease of 92% to C$14K (expense), Stock based compensation decrease of 66% to C$70K (expense), Consulting fees decrease of 90% to C$1K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.01. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $3.13M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$0.42M as of Sep 30, 2023 |
| Net annual income (TTM): | -$0.54M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$0.34M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 84,832,844 as of Sep 30, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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