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Pambili Natural Resources Corporation (V:PNN)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 315 - 39th Avenue SE, Second Floor
CALGARY AB T2G 1X5
Tel: N/A
Website: https://www.pambilinrc.com
IR: See website
Key People
Jonathan Harris
Chief Executive Officer, Director
Michal J. Holub
Chief Financial Officer
 
Business Overview
Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company focused on southern Africa's mining sector. The Company operates Happy Valley Mine, which is a producing gold mine. The mine is located 15 kilometers(km) from the city of Bulawayo, Zimbabwe. The mine provides installed capacity to process approximately 40 tonnes of ore per day but processes less than half that amount.
Financial Overview
For the fiscal year ended 31 December 2023, Pambili Natural Resources Corporation revenues was not reported. Net loss increased 45% to C$1.2M. Higher net loss reflects Gain on disposal of assets decrease from C$35K (income) to C$0K, Accretion on decommissioning liabilities increase of 56% to C$14K (expense), Foreign exchange decrease from C$2K (income) to C$2K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.33M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.53M as of Dec 31, 2023
Net annual income (TTM): -$1.18M as of Dec 31, 2023
Free cash flow (TTM): -$0.38M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.77M as of Dec 31, 2023
Shares outstanding: 25,953,448 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization