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Arizona Sonoran Copper Company Inc. (T:ASCU)

Business Focus: Specialty Mining & Metals (NEC)

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