Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Excelsior Mining Corp. (T:MIN)

Business Focus: Copper Ore Mining

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