Balkan Mining and Minerals Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Industrial Metals & Mining
  • Company website

Company description

Balkan Mining and Minerals Limited, a mineral exploration company, engages in the exploration and development of lithium and borates in Canada and the Balkans region of Serbia. The company holds 100% interest in the Gorge Lithium project comprises of 12 claims covering 45.1 square kilometers, the Tango Lithium project consists of 41 contiguous claims covering 8.64 square kilometers, the Arrel Lithium project consists of 6 claims covering 27.13 square kilometers, and the Barbara Project consists of 212 exploration claims covering 45 square kilometers, located in Ontario, Canada. It also holds 100% interest in the Corvette North and Corvette Northwest projects, covering approximately 22 square kilometers and located near the district of James Bay in Quebec, Canada. In addition, the company holds 100% interest in the Rekovac lithium-borate project comprising three separate licenses with an aggregate land area of 273 square kilometers located in Serbia; the Dobrinja exploration project that covers an area of approximately 38 square kilometers located in Serbia; and the Pranjani exploration project that covers an area of approximately 26 square kilometers located in Serbia. Balkan Mining and Minerals Limited was incorporated in 2020 and is based in Perth, Australia.

Financial highlights

Market Capitalization$13.7614 million
P/E Ratio0
P/E Growth Ratio
Book Value0.103
Dividend Per Share0
Earnings Per Share-0.05
EBITDA-2,411.829
Profit Margin0
Operating Margin TTM-2177.5242
Return on Assets TTM-0.5065
Return on Equity TTM-0.9708
Revenue TTM1.114

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-12-31 2.77
2018-12-31 0
2019-12-31 0.86
2020-12-31 0
2021-12-31 0 3,079.457
2022-12-31

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-12-31 99.88 516.8 351.41 0 312.59 100.01
2018-12-31 25.32 649.93 742.73 0 741.53 100.01
2019-12-31 39.98 553.71 1,224.69 0 660.68 100.01
2020-12-31 1.15 1,615.06 618.92 401.48 1,443.557
2021-12-31 3,615.646 5,479.105 132.392 20.32 8,292.437
2022-12-31 2,121.586 4,064.533 467.406

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-12-31 -32.18 99.88
2018-12-31 -385.239 -23.741 -74.559
2019-12-31 -681.609 -39.79 14.659
2020-12-31 -443.581 -224.52 1.152 1.152
2021-12-31 -3,078.739 -1,636.006 3,614.495 1.152 3,615.647
2022-12-31 -4,983.401 -1,569.481 3,615.646 2,121.587