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 |