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Almaden Minerals Ltd. (T:AMM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 210 - 1333 Johnston Street
VANCOUVER BC V6H 3R9
Tel: N/A
Website: https://www.almadenminerals.com
IR: See website
Key People
James Duane Poliquin
Chairman of the Board
Morgan J. Poliquin
President, Chief Executive Officer, Director
Korm Trieu
Chief Financial Officer, Company Secretary
Douglas John Mcdonald
Executive Vice President
John A. Thomas
Vice President - Project Development
 
Business Overview
Almaden Minerals Ltd. is a Canada-based company, which is engaged in the business of exploring and developing mineral projects. The Company's principal asset is the Ixtaca precious metals project located on its Tuligtic claim in Mexico. The Ixtaca precious metals project is located approximately 120 kilometers southeast of the Pachuca Mine, one of the gold and silver deposits in Mexico with a historic production of 1.4 billion ounces of silver and seven million ounces of gold. The Ixtaca deposit is also located in the industrial heart of Puebla State. The Ixtaca deposit hosts a probable reserve containing 1.38 million ounces of gold and 85.1 million ounces of silver, out of which approximately 73.1 million tons grading 0.59 g/t Au and 36.3 g/t Ag. It is also accessible from Mexico City and approximately 95 kilometers north of Puebla city.
Financial Overview
For the fiscal year ended 31 December 2023, Almaden Minerals Ltd. revenues was not reported. Net loss increased from C$11.8M to C$63.6M. Higher net loss reflects Unrealized gain on warrant liability decrease of 80% to C$103K (income), Foreign exchange gain (loss) decrease from C$303K (income) to C$50K (expense), Professional fees increase of 29% to C$1.1M (expense).
Employees: 8 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $17.52M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$3.25M as of Dec 31, 2023
Net annual income (TTM): -$46.54M as of Dec 31, 2023
Free cash flow (TTM): -$1.09M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.37M as of Dec 31, 2023
Shares outstanding: 137,221,408 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization