Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | Simpson Tower, 401 Bay Street Suite 2704 TORONTO ON M5H 2Y4 |
Tel: | 44-647-2334348 |
Website: | https://arizonasonoran.com |
IR: | See website |
Key People | ||
George Ogilvie President, Chief Executive Officer, Director | Nick Nikolakakis Chief Financial Officer, Vice President - Finance | Ian Mcmullan Chief Operating Officer |
Rita Adiani Senior Vice President, Strategy & Corporate Development | Doug Bowden Vice President - Exploration |
Business Overview |
Arizona Sonoran Copper Company Inc. is a Canada-based company, which is focused on the assessment, consolidation, exploration, development and eventual mining in the Santa Cruz Copper Mining District in southern Arizona. The Company holds 100% ownership comprised of private land and a state land lease which is referred to as Cactus East and Cactus West (the Cactus Project) and the Parks/Salyer Property (collectively with Cactus Project and Stockpile Project, the Project) in Pinal County, Arizona. The 100%-owned Project is a Porphyry Copper project located on private land, near the city of Casa Grande, Arizona, United States. The Cactus Project is comprised of three deposits and one waste dump within a four kilometer mine trend. The Project covers approximately 5,000 acres (with the remainder of the land package covering additional exploration properties). Its properties include LKY/Copper Mountain Investments Limited Partnership LLP (LKY) Property and Mainspring Property. |
Financial Overview |
For the three months ended 31 March 2024, Arizona Sonoran Copper Company Inc revenues was not reported. Net loss increased from $400K to $1.4M. Higher net loss reflects (Gain)/loss on incentive plan decrease of 85% to $174K (income), Interest Income decrease of 18% to $157K (income), Salaries and wages increase of 16% to $218K (expense). Basic Earnings per Share excluding Extraordinary Items totaled to -$0.01. |
Employees: | 20 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $156.41M as of Mar 31, 2024 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
EBITDA (TTM): | -$8.17M as of Mar 31, 2024 |
Net annual income (TTM): | -$10.90M as of Mar 31, 2024 |
Free cash flow (TTM): | -$48.51M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 109,228,795 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |