Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 2.31K | 194.35K | 183.45K | 105.23K | 33.85K |
Gross Profit | -198.26K | -244.53K | -754.18K | -627.38K | -593.19K |
EBITDA | -1.96M | -1.55M | -1.43M | -1.20M | -852.02K |
Net Income | -2.00M | -1.68M | -1.75M | -1.46M | -1.24M |
Balance Sheet | |||||
Total Assets | 6.15M | 6.93M | 6.97M | 7.55M | 6.53M |
Cash, Cash Equivalents and Short-Term Investments | 36.04K | 633.09K | 237.30K | 1.23M | 25.69K |
Total Debt | 195.31K | 66.50K | 96.50K | 18.26K | 480.70K |
Total Liabilities | 1.12M | 613.96K | 529.31K | 432.15K | 1.19M |
Stockholders Equity | 5.05M | 6.34M | 6.46M | 7.14M | 5.36M |
Cash Flow | |||||
Free Cash Flow | -1.09M | -1.36M | -1.31M | -1.48M | -902.54K |
Operating Cash Flow | -1.09M | -1.36M | -1.27M | -1.48M | -902.54K |
Investing Cash Flow | 2.35K | 3.26K | -41.24K | 701.00 | 112.00 |
Financing Cash Flow | 492.25K | 1.76M | 316.22K | 2.69M | 887.12K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | $10.28B | 6.36 | 0.65% | 2.93% | 3.32% | -39.60% | |
40 Underperform | £1.84M | ― | -25.13% | ― | ― | ― | |
― | £2.50M | ― | -114.83% | ― | ― | ― | |
53 Neutral | £1.71M | ― | -44.38% | ― | 1.77% | 33.33% | |
39 Underperform | £1.81M | ― | -22.79% | ― | ― | 46.15% | |
32 Underperform | £2.51M | ― | -23.19% | ― | ― | 17.65% | |
24 Underperform | £2.37M | ― | ― | ― | ― |
Shuka Minerals Plc has announced an update on its acquisition of Leopard Exploration and Mining Limited and the Kabwe Zinc Mine in Zambia. The company has secured an increased loan facility from Gathoni Muchai Investments Limited, enabling it to complete the acquisition and commence exploration and development at the Kabwe Mine. This acquisition aims to revitalize the historic Kabwe Mine, previously one of the world’s highest-grade zinc and lead mining operations, and is expected to enhance Shuka’s industry positioning by expanding its mining operations in Africa.
Shuka Minerals Plc announced its annual results for 2024, highlighting a year of strategic refocus and management changes, including the appointment of Richard Lloyd as CEO. The company is making significant financial commitments towards restarting operations at the Rukwa coal mine in Tanzania and pursuing the acquisition of Leopard Exploration and Mining Limited, which holds the Kabwe Mine in Zambia. The Kabwe Mine, historically significant for its zinc and lead production, presents a promising opportunity for Shuka Minerals, with plans for a phased exploration and development program. The company aims to leverage continued shareholder support to drive future growth and operational success.
Shuka Minerals Plc has received final authorization from the Competition and Consumer Protection Commission for its acquisition of Leopard Exploration and Mining Limited, which owns the Kabwe Zinc Mine in Zambia. The company has secured a £1.5 million non-dilutive facility to fund the acquisition and has agreed to issue new shares and warrants as part of the transaction. This acquisition marks a significant milestone for Shuka, enabling it to progress its projects and potentially enhance its market position in the African mining sector.
Shuka Minerals Plc announced the expiration of 15,846,691 warrants, originally issued in May 2021 and August 2023, with an exercise price of 25 pence each. The company, which recently achieved a successful listing on the Alternative Exchange in South Africa and AIM in the UK, has several other warrants outstanding with varying expiration dates. Additionally, Shuka has signed a conditional Share Purchase Agreement to acquire Leopard Exploration and Mining Limited, which holds a large-scale mining license for the historical Kabwe Zinc Mine in Zambia, a site of significant economic importance.
Shuka Minerals has received interim unconditional authorisation from the Competition and Consumer Protection Commission (CCPC) for its proposed acquisition of Leopard Exploration and Mining Limited, which owns the Kabwe Zinc Mine in Zambia. This authorisation allows Shuka to proceed with the acquisition process and secure necessary funding, marking a significant milestone in its expansion efforts in the African mining sector.
Shuka Minerals Plc has announced the planned restart of its Rukwa Coal mine in Western Tanzania, following its recent admission to the Johannesburg Stock Exchange. The company has developed a detailed capital expenditure plan to gradually increase production from 500 tons per calendar month (tpcm) to 5,000 tpcm by the end of 2026, with further expansion potential. The restart aims to generate operational cash flow and leverage existing stockpiles for initial sales. The project is expected to have a net present value of USD12.61 million and an internal rate of return of 80%, although these figures have not been independently verified.