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Aurania Resources Ltd. (V:ARU)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: 8 King St. E, Suite 1800
TORONTO ON M5C 1B5
Tel: N/A
Website: https://aurania.com
IR: See website
Key People
Keith M. Barron
Executive Chairman of the Board, Chief Executive Officer
Antony Wood
Chief Financial Officer, Corporate Secretary
Carolyn Muir
Vice President - Investor Relations
Jean Paul Pallier
Vice President - Exploration
   
Business Overview
Aurania Resources Ltd. is a Canada-based mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities-Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes-mountain range of southeastern Ecuador. The Company holds a 100% interest in the Lost Cities Project, comprised of certain mineral concessions covering approximately 207,764 hectares (ha) in southeastern Ecuador. The Company's land position in Peru consists of a total of approximately 130 concession applications and concession titles covering 128,700 ha. The Company has no steady source of revenue.
Financial Overview
For the fiscal year ended 31 December 2023, Aurania Resources Ltd revenues was not reported. Net loss decreased 19% to C$10M. Lower net loss reflects Exploration expenditures decrease of 14% to C$5.9M (expense), Management fees decrease of 80% to C$152K (expense), Loss on foreign exchange increase from C$421K (expense) to C$93K (income). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.23 to -C$0.15.
Employees: 27 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $26.67M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$8.30M as of Dec 31, 2023
Net annual income (TTM): -$9.97M as of Dec 31, 2023
Free cash flow (TTM): -$8.26M as of Dec 31, 2023
Net Debt Last Fiscal Year: $9.78M as of Dec 31, 2023
Shares outstanding: 67,471,737 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization