Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 1055 West Georgia Street, Suite 2400 VANCOUVER BC V6E 3P3 |
Tel: | 1-604-3636681 |
Website: | www.excelsiormining.com |
IR: | See website |
Key People | ||
Stephen C. Twyerould President, Chief Executive Officer, Director | Danny Heatherson Interim Chief Financial Officer | Robert Winton Senior Vice President - Operations, General Manager |
Roland Goodgame Senior Vice President - Business Development | Sheila Paine Corporate Secretary |
Business Overview |
Excelsior Mining Corp. is a Canada-based mineral exploration and production company. The Company owns and operates the Gunnison Copper Project in Cochise County, Arizona. The Gunnison Copper Project is an in-situ recovery copper extraction project that is permitted to produce approximately 125 million pounds per year of copper cathode production. The Company also owns the past producing Johnson Camp Mine and a portfolio of exploration projects, including the Peabody Sill and the Strong and Harris deposits. Its 100% owned Johnson Camp Mine is located over one mile from the wellfield. The Strong and Harris copper-zinc-silver deposit is located about 1.3 miles north of its Johnson Camp SX-EW facility. The Company is also evaluating the oxide and sulfide potential of all of its mining assets. |
Financial Overview |
For the fiscal year ended 31 December 2023, Excelsior Mining Corp revenues decreased 30% to $2.9M. Net loss totaled $29M vs. income of $34.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Loss (gain) on derivative at fair value decrease from $50.1M (income) to $14.8M (expense), Financing expense increase of 73% to $3.5M (expense). |
Employees: | 39 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $92.41M as of Dec 31, 2023 |
Annual revenue (TTM): | $3.99M as of Dec 31, 2023 |
EBITDA (TTM): | -$13.26M as of Dec 31, 2023 |
Net annual income (TTM): | -$39.56M as of Dec 31, 2023 |
Free cash flow (TTM): | -$14.56M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $19.91M as of Dec 31, 2023 |
Shares outstanding: | 315,415,858 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |