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Aurcana Silver Corporation (V:AUN.H)

Business Focus: Silver Mining

Sector:  Basic Materials Industry:  Non-Gold Precious Metals & Minerals
 
Company Contact
Address: 2751 Graham Street
VICTORIA BC V8T 3Z1
Tel: 1-720-2736224
Website: www.aurcana.com
IR: See website
Key People
Kevin Cameron Drover
President, Chief Executive Officer, Director
Charles Andrews
Chief Financial Officer
 
Business Overview
Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company's development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company's 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.
Financial Overview
For the nine months ended 30 September 2022, Aurcana Silver Corp revenues decreased 77% to $95K. Net loss totaled $20.9M vs. income of $5.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain (loss) in derivatives fair value es decrease from $10.3M (income) to $15M (expense), Site surface cost increase from $182K to $4.9M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $37.32M as of Sep 30, 2022
Annual revenue (TTM): $0.21M as of Sep 30, 2022
EBITDA (TTM): -$24.51M as of Sep 30, 2022
Net annual income (TTM): -$85.78M as of Sep 30, 2022
Free cash flow (TTM): -$30.72M as of Sep 30, 2022
Net Debt Last Fiscal Year: $45.68M as of Sep 30, 2022
Shares outstanding: 309,131,509 as of Sep 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization