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Bacanora Minerals Ord Npv (di) Fundamentals

Company Name Bacanora Lithium Last Updated 03 Apr 2020
Industry Basic Materials Sector General Mining
Shares in Issue (m) 222.98 Market Cap (£m) 44.15
PE Ratio -6.60 Div per Share () 0.00
Div Yield 0.00 Div Cover 0.00
EPS -3.00 EPS Growth (%) 62.50
PEG -0.11 DPS Growth (%) n/a
Debt Ratio 41.36 Debt Equity Ratio 0.93
Net Gearing 17.23 Gross Gearing 43.12
Asset Equity Ratio 1.76 Cash Equity Ratio 45.51
Quick Ratio 10.14 Current Ratio 10.14
Price To Book Value 1.36 ROCE -19.99

Bacanora Minerals Ord Npv (di) Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Bacanora Minerals Ord Npv (di) Company Financials

Assets (£m) 2019 2019 2018
Tangible Assets 30 30 26
Intangible Assets 1 1 1
Investments 9 9 9
Total Fixed Assets 40 40 36
Stocks 0 0 0
Debtors 2 2 1
Cash & Equivalents 15 15 13
Other Assets 0 0 0
Total Assets 57 57 51
Liabilities (£m) 2019 2019 2018
Creditors within 1 year 2 2 8
Creditors after 1 year 23 23 0
Other Liabilities 0 0 0
Total Liabilities 25 25 8
Net assets 32 32 43
Equity (£m) 2019 2019 2018
Called up share capital 19 19 19
Share Premium 0 0 0
Profit / Loss -11 -11 -13
Other Equity 63 63 63
Preference & Minorities -1 -1 -1
Total Capital Employed 32 32 43
Ratios 2019 2019 2018
Debt Ratio 41.36 41.36 0.00
Debt-to-Equity 0.93 0.93 0.00
Net Gearing 17.23 17.23 -10.33
Gross Gearing 43.12 43.12 15.76
Assets / Equity 1.76 1.76 1.19
Cash / Equity 45.51 45.51 30.97
EPS -8.00 -8.00 -9.00
Cash Flow (£m) 2019 2019 2018
Cash from operating activities -9 -9 -7
Cashflow before financing -19 -19 -18
Increase in Cash 2 2 -17
Income (£m) 2019 2019 2018
Turnover 0 0 0
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit -8 -8 -11
Pre-Tax profit -11 -11 -13
Profit / Loss for the year 19 19 19

Bacanora Minerals Ord Npv (di) Company Background

Sector General Mining
Activities Bacanora Lithium Ltd (formerly Bacanora Minerals Ltd) is a Canadian and London listed lithium exploration and development company. Bacanora owns ten mining concession areas covering approximately 100 thousand hectares in the northeast of Sonora State in Mexico. Seven of these ten mining concessions (the 'Sonora Lithium Project'1) were included in the Feasibility Study announced 12 December 2017. The Company, through drilling and exploration work to date, has established a Measured plus Indicated Mineral Resource estimate of over 5 Mt (comprising 1.9Mt of Measured Resources and 3.1Mt of Indicated Resources) of LCE2 and an additional Inferred Mineral Resource of 3.7 Mt of LCE. The Company's Feasibility Study has established Proven Mineral Reserves (in accordance with NI 43-101) of 1.67 Mt and Probable Mineral Reserves of 2.85 Mt LCE and confirmed the economics associated with becoming a 35,000 tpa lithium carbonate and 30,000 tpa SOP producer in Mexico. In addition to the Sonora Lithium Project, the Company also has a 50% interest in the Zinnwald Lithium Project and the Falkenhain Licence in southern Saxony, Germany.
Latest Interim Date 13 Feb 2019
Latest Fiscal Year End Date 02 Mar 2020

Bacanora Minerals Ord Npv (di) Directors

Appointed Director Position
19 May 2015 Peter Secker Chief Executive Officer
06 Feb 2018 Janet Hernandez Blas Boyce Chief Financial Officer
27 Apr 2016 Mark Ainsworth Hohnen Executive Chairman
09 Jun 2017 Junichi Tomono Non-Executive Director
28 Oct 2016 James Digby Ronald Strauss Non-Executive Director
06 Feb 2018 Eileen Carr Non-Executive Director
09 Jun 2017 Dr Andres Constantin Antonius Non-Executive Director

Bacanora Minerals Ord Npv (di) Contact Details

Company Name Bacanora Lithium
Company Address Ground Floor, 32 Grosvenor Gardens, London SW1W ODH.
Company Telephone +44 (0)203 696 2410
Company Website http://www.bacanoralithium.com/

Bacanora Minerals Ord Npv (di) Advisors

Auditor Name Crowe Clark Whitehill LLP
Auditor Address St Brides House, 10 Salisbury Square, London EC4Y 8EH.
Auditor Website http://www.croweclarkwhitehill.co.uk/
Auditor Telephone +44 (0)20 7842 7100
Registrar Name Link Asset Services
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.linkassetservices.com/
Registrar Telephone 0870 162 3100
Broker Name HD Capital Partners LLP
Broker Address Aldermary House, 10-15 Queen Street, London EC4N 1TX.
Broker Website http://www.hd-capital.com/
Broker Telephone +44 (0)20 3551 4870
Adviser Name Cairn Financial Advisers
Adviser Address 38 Bow Lane, London EC4M 9AY.
Adviser Website http://www.cairnfin.com/
Adviser Telephone +44 (0)20 7148 7901
Solicitor Name Fladgate LLP
Solicitor Address 25 North Row, London W1K 6DJ.
Solicitor Website http://www.fladgate.com/
Solicitor Telephone +44 (0)20 7323 4747
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a