Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Minera IRL Ltd

www: www.minera-irl.com   email: minera@irl.com.pe
Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
CNSX:MIRL CAD
OTCMKTS:MRLLF USD

Description

Minera IRL Ltd are a gold focused junior, late stage development company with one producing mine in Peru, one mine in development in Peru and exploration properties. Currently they produce roughly per year. They have approximately 2.4Moz. of gold in the reserves and resources category of which 1.3Moz. are in the measured and indicated category. They have a market capitalisation of ~C$32.44M which is a rise of roughly 212% over the last four months. As of 05/12/2019 they have ~C$83M debt and ~C$2.26M cash. They have 231M shares outstanding and trade on the Canadian Securities Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 05/12/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $10.39M $32.44M 05/12/2019 $22.05M
Total Assets: $166.53M $168.59M 05/12/2019 $2.07M
Total Liabilities: $98.88M $100.10M 05/12/2019 $1.23M
Current Assets: $5.95M $6.02M 05/12/2019 $0.07M
Current Liabilities: $94.42M $95.59M 05/12/2019 $1.17M
Total Debt: $81.78M $82.79M 05/12/2019 $1.01M
Cash: $2.23M $2.26M 05/12/2019 $0.03M
Enterprise Value: $89.94M $112.98M 07/31/1973 $23.04M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: 05/12/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 05/12/2019 0.00%
Misc 05/12/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 231,000,000 231,000,000 05/12/2019 0
Shares (FD): 233,000,000 233,000,000 05/12/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 05/12/2019 n/a
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 05/12/2019 0
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 05/12/2019 0
Initial CapEx (Outstanding): $175.00M
1683.81% of Mkt.Cap		 $175.00M
539.41% of Mkt.Cap 		05/12/2019 $0.00M
Funding Option: n/a n/a 05/12/2019 n/a
Documentation: none PFS 05/12/2019 n/a
Value Adjustment: -25% -25% never 0%

Resource Data

GOLD 05/12/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 1.10M 1.10M 05/12/2019 0.00M
Measured & Indicated: 1.30M 1.30M 05/12/2019 0.00M
Inferred: 1.10M 1.10M 05/12/2019 0.00M
Reserves & Resources: 2.40M 2.40M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.94M 0.94M 05/12/2019 0.00M
Measured & Indicated: 1.07M 1.07M 05/12/2019 0.00M
Inferred: 0.47M 0.47M 05/12/2019 0.00M
Reserves & Resources: 1.54M 1.54M never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/12/2019 $0.00
Extra Operating Cost: n/a n/a 05/12/2019 $0.00
Average Grade: 3.00 g/t 3.00 g/t 05/12/2019 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 05/12/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: 1.50M 1.50M 05/12/2019 0.00M
Annual Production: 100,000oz. 100,000oz. 05/12/2019 0oz.
Cash Cost: $750 $750 05/12/2019 $0
Extra Operating Cost: $400 $400 05/12/2019 $0
SILVER 05/12/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 05/12/2019 0.00M
Measured & Indicated: n/a n/a 05/12/2019 0.00M
Inferred: n/a n/a 05/12/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 05/12/2019 0.00M
Measured & Indicated: n/a n/a 05/12/2019 0.00M
Inferred: n/a n/a 05/12/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/12/2019 $0.00
Extra Operating Cost: n/a n/a 05/12/2019 $0.00
Average Grade: n/a n/a 05/12/2019 n/a
Recovery Rate: n/a n/a 05/12/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 05/12/2019 0.00M
Annual Production: n/a n/a 05/12/2019 n/a
Cash Cost: n/a n/a 05/12/2019 n/a
Extra Operating Cost: n/a n/a 05/12/2019 n/a

Property

Last Analysis Data  (05/12/2019)
Stage Location Name Owned Type Au Ag Cu Notes
Production Lima, Peru Corihuarmi 100% n/a show
Production stops in 2020

20,000 oz annual production

High cash costs.
Development Peru Ollachea 100% Underground show
1 million oz deposit at 3.5 gpt with low cash costs.

Capex $178 million

Aftertax IRR 22% at $1300 gold.

100,000 oz production

Need financing to begin construction.
Exploration Santa Cruz, Argentina Escondido 100% n/a n/a
Exploration Santa Cruz, Argentina Michelle 100% n/a n/a
Exploration Santa Cruz, Argentina Pan de Azucar 100% n/a n/a
Exploration Argentina Patagonia Regional 100% n/a n/a
Exploration Chile Frontera 100% n/a n/a
Exploration Peru Bethania 0% n/a n/a
Exploration Peru Huaquirca 0% n/a n/a
Exploration Peru Quilavira 0% n/a n/a
Current Data
Stage Location Name Owned Type Au Ag Cu Notes
Production Lima, Peru Corihuarmi 100% n/a show
Production stops in 2020

20,000 oz annual production

High cash costs.
Development Peru Ollachea 100% Underground show
1 million oz deposit at 3.5 gpt with low cash costs.

Capex $178 million

Aftertax IRR 22% at $1300 gold.

100,000 oz production

Need financing to begin construction.
Exploration Santa Cruz, Argentina Escondido 100% n/a n/a
Exploration Santa Cruz, Argentina Michelle 100% n/a n/a
Exploration Santa Cruz, Argentina Pan de Azucar 100% n/a n/a
Exploration Argentina Patagonia Regional 100% n/a n/a
Exploration Chile Frontera 100% n/a n/a
Exploration Peru Bethania 0% n/a n/a
Exploration Peru Huaquirca 0% n/a n/a
Exploration Peru Quilavira 0% n/a n/a

Profitability (by resource)

Proven &
Probable		 05/12/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.10M 1.10M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -3.53M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.94M 0.94M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -3.00M
Maximum Profit (Gold): $66.51M $169.60M n/a $103.08M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $66.51M $169.60M n/a $103.08M
Max Profit / Current MCap: 6.400 5.228 n/a -1.172
Max Profit Per Share (Gold): $0.29 $0.73 n/a $0.44
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.29 $0.73 n/a $0.44
Total Free Profit Per Share: $0.23 $0.54 n/a $0.32
FD Mkt. Cap / Gold Eq.: $11.12 $34.70 n/a $23.58
FD Mkt. Cap / Silver Eq.: $0.13 $0.41 n/a $0.29
FD Mkt. Cap / Per Metal
as % Spot Price:		 0.86% 2.32% n/a 1.46%
Measured &
Indicated		 05/12/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.30M 1.30M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -4.17M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.07M 1.07M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -3.43M
Maximum Profit (Gold): $76.19M $194.27M n/a $118.08M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $76.19M $194.27M n/a $118.08M
Max Profit / Current MCap: 7.331 5.988 n/a -1.343
Max Profit Per Share (Gold): $0.33 $0.83 n/a $0.51
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.33 $0.83 n/a $0.51
Total Free Profit Per Share: $0.27 $0.65 n/a $0.38
FD Mkt. Cap / Gold Eq.: $9.70 $30.29 n/a $20.59
FD Mkt. Cap / Silver Eq.: $0.11 $0.36 n/a $0.25
FD Mkt. Cap / Per Metal
as % Spot Price:		 0.75% 2.03% n/a 1.27%

Reserves &
Resources		 05/12/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.40M 2.40M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -7.70M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.54M 1.54M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -4.93M
Maximum Profit (Gold): $109.45M $279.06M n/a $169.62M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $109.45M $279.06M n/a $169.62M
Max Profit / Current MCap: 10.531 8.602 n/a -1.929
Max Profit Per Share (Gold): $0.47 $1.20 n/a $0.73
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.47 $1.20 n/a $0.73
Total Free Profit Per Share: $0.41 $1.01 n/a $0.60
FD Mkt. Cap / Gold Eq.: $6.76 $21.09 n/a $14.33
FD Mkt. Cap / Silver Eq.: $0.08 $0.25 n/a $0.17
FD Mkt. Cap / Per Metal
as % Spot Price:		 0.53% 1.41% n/a 0.88%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.