AZUEF Azure Resources Corp featured news, full reports, and detailed charts
Azure Resources Corp (AZUEF/AZUEF.PK) Wrap Up:
Azure Resources Corporation engages in the acquisition, exploration, development, operation, and mining of diamond properties in the Republic of Guinea and Botswana. It has interest in the Aredor alluvial diamond mine located in the Republic of Guinea, West Africa; and the Kokong Project comprising 4 licenses covering an area of 3,745 square kilometer located in the Kgalagali District, Botswana. The company was founded in 1984. It was formerly known as Trivalence Mining Corporation and changed its name to Azure Resources Corporation in February 2008. The company is headquartered in Vancouver, Canada.Azure Resources Corp (AZUEF:OTC)
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Market Cap
5.7M
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Total Revenue
--
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EBITDA
13.9K
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DILUTED EPS TTM
0.00
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P/E
57.9x
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P/S
--
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Return On Asset
-187.99
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Return On Equity
-4.27
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| K = Thousands M = Millions B = Billions | ||
AZUEF Top Compensated Officers
Executives, Board Directors
Key developments for Azure Resources Corp (AZUEF)
Azure Resources Corporation., Annual General Meeting, Nov 24, 2009
Azure Resources Corporation. reported unaudited and consolidated earnings results for the third quarter and nine months ended March 31, 2009. For the third quarter, the company reported a net loss of CAD 86,953, or CAD 0.001 per basic and diluted share on a revenue of CAD 26, as against a net loss of CAD 1,670,157, or CAD 0.037 per basic and diluted share on a revenue of CAD 512, reported for the third quarter ended March 31, 2008. For the nine months ended March 31, 2009, the company reported a net loss of CAD 466,922, or CAD 0.007 per basic and diluted share on a revenue of CAD 598, as against a net loss of CAD 4,275,249, or CAD 0.095 per basic and diluted share on a revenue of CAD 714,979, reported for the third quarter ended March 31, 2008.
Azure Resources Corporation. is planning to commence the Phase 1 work program at its Barit-Hunkui porphyry copper/gold project situated near Gilgit in Northern Pakistan, approximately 120 Km from the Pakistan-China border this summer. The company holds a 90% interest in the concession with a local company holding the remaining 10% on a free carried interest basis. The Barit-Hunkui Project is situated in a highly prospective continental margin magmatic Kohistan arc that is similar to the Grangdese magmatic arc inside the Tibetan Plateau that hosts large Cu (Mo, Au) deposits, namely Jiama, Qulong and Chongjian. MPH Consulting of Toronto has recommended a two-phase work program totaling $1.65 Million designed to focus on the known mineralization. The Phase 1 program is to consist of mapping the property, establishing grids with 100m line spacing and sample points at 100m spacing, rock and/or soil sample collection followed by exploration diamond drilling sufficient to provide an initial assessment for mineralization style, grade, thickness and size potential. The Phase 2 program is contingent on the Phase 1 program results. The company has entered into an agreement with Raven Capital starting May 15, 2009 to provide investor relation services to the company. Raven Capital will assist in the development, implementation and maintenance of a market awareness program. The terms of the agreement are $2,500 per month and the grant of 300,000 share purchase options.
AZUEF Competitors
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Industry Analysis
| Valuation | AZUEF | Industry Range |
| Price/Earnings | 57.9x |
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| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | 40.3x |
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| TEV/Sales | -- | Not Meaningful |
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AZUEF transactions
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| No transactions in the last 6 months. | ||
