Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 420 - 789 West Pender Street Vancouver BC V6C 1H2 |
Tel: | N/A |
Website: | https://smp.gold |
IR: | See website |
Key People | ||
Dale Wallster President, Chief Executive Officer, Director | Andrew Davidson Chief Financial Officer, Secretary, Director |
Business Overview |
Southern Empire Resources Corp. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and development of metals and minerals deposits in the American southwest and northern Mexico. It is particularly focused on those that are amenable to lower-cost metal extraction methodologies, such as heap leaching. Its exploration and development projects include the Pedro, Centauro and La Loma Gold Projects in Mexico, the VLM Project in Mexico, the Oro Cruz Project in California and the Eastgate Gold Project in Nevada, United States. In the Suaqui Grande area of Sonora, (over 140 kilometers southeast of Hermosillo), it also holds the Suaqui Verde Copper Oxide Project and VLM Property. The Pedro Gold Project is located in the Mapimi mineral district with over 1,788 hectares (ha). The VLM Project has approximately 647 ha, which is in northwestern Mexico. It owns around 85% of the Eastgate Gold Project and comprises 12 unpatented lode mining claims. |
Financial Overview |
For the nine months ended 31 July 2024, Southern Empire Resources Corp revenues was not reported. Net loss decreased 65% to C$510K. Lower net loss reflects FV Adjustments of Financial Investments decrease of 99% to C$10K (expense), Business and investor relations decrease of 57% to C$18K (expense), General and administration decrease of 28% to C$49K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $1.45M as of Jul 31, 2024 |
Annual revenue (TTM): | $0.00M as of Jul 31, 2024 |
EBITDA (TTM): | -$0.90M as of Jul 31, 2024 |
Net annual income (TTM): | -$3.01M as of Jul 31, 2024 |
Free cash flow (TTM): | -$0.40M as of Jul 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 67,597,800 as of Jul 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |