Adriatic Metals PLC

Adriatic Metals PLC

ADMLF
Adriatic Metals PLCUS flagOther OTC
4.20
USD
- -
- -
1.45BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
0.09
- -
Basic EPS, GAAP
- -
-0.03
-0.02
-0.05
-0.06
-0.18
-0.11
-0.2
- -
Free Cash Flow per Basic Share
- -
-0.03
-0.07
-0.06
-0.11
-0.26
-0.44
-0.31
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-0.01
-0.02
-0.06
-0.11
-0.26
-0.34
-0.49
- -
Tangible Book Value per Share
- -
0.1
0.09
0.15
0.69
0.4
0.38
0.38
- -
Basic Weighted Avg Shares
- -
85
143
169
220
268
283
315
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
28
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
-165.15
- -
Depreciation Expense
- -
- -
- -
- -
- -
1
1
3
- -
Net Income, GAAP
- -
-3
-3
-8
-14
-47
-30
-62
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
-226.54
- -
Working Capital
- -
6
7
13
109
70
-22
-70
- -
LT Debt
- -
- -
- -
- -
17
48
100
107
- -
Total Equity
1
8
13
26
152
107
108
118
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'20
Sep'24
Dec'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
178
- -
324
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Dec'20
Sep'24
Dec'24
Total Current Assets
19
- -
- -
Cash, Cash Equivalents & STI
18
- -
- -
Accounts Receivable, Net
1
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
114.28%
9.19%
Free Cash Flow
- -
78.03%
-20.3%
Net Income, GAAP
- -
108.39%
107.53%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
28

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
-0.18
2023
- -
- -
- -
- -
-0.11
2024
- -
- -
- -
- -
-0.2

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Laura Tyler
Full Time Employees
549
Sector
Basic Materials
Industry
Industrial Materials
Address
Regent House Cheltenham United Kingdom GL50 1HX
IPO Date
Jul 16, 2019
Business
Adriatic Metals PLC, a precious and base metals mining company, produces silver-lead and zinc concentrates from its flagship Vareš Silver Operation, an underground mine in Bosnia and Herzegovina that also yields gold, copper and barite; the operation features an offsite processing plant with current capacity of 0.8 million tonnes per annum and ongoing expansion plans to 1.3 million tonnes per annum. Incorporated in 2017 and headquartered in Cheltenham, United Kingdom, the company operates primarily in the Balkans, including the exploration-stage Raška Project in Serbia, targeting high-grade polymetallic deposits for institutional, industrial and smelter customers worldwide. In June 2025, Adriatic agreed to a recommended acquisition by Dundee Precious Metals Inc. for approximately US$1.3 billion in a mix of shares and cash, expected to close in the fourth quarter of 2025 subject to approvals, enhancing production scale and regional synergies; earlier in 2025, it raised A$80 million via institutional placement to accelerate Vareš plant expansion and secured a US$25 million prepayment from Trafigura plus debt facilities to support ramp-up to full commercial production.

Company News

APIChat
  • Dundee Precious Metals Announces UK Court Approval of Acquisition of Adriatic Metals and ASX Listing Approval

  • Dundee Precious Metals Announces Overwhelming Shareholder Approval for Acquisition of Adriatic Metals and Name Change

  • Adriatic Metals lifts output in second quarter but trims full-year forecast

  • Dundee Precious Metals Announces Filing of Management Information Circular for Acquisition of Adriatic Metals & Name Change

  • Adriatic Metals declares the start of commercial production at Vares mine

  • Adriatic Metals to be bought by Dundee Precious Metals in cash+shares deal

  • Canada's Dundee Precious to buy UK's Adriatic Metals in $1.25 billion deal

  • Adriatic Metals confirms takeover talks with Dundee Precious Metals

  • Adriatic Metals Continues To Make Progress Towards Commercial Production

  • Adriatic Metals reports quarter of growth as Vares ramp up continues

  • Adriatic Metals Wants To Join The World's Largest Silver Miners Group (Rating Upgrade)

  • Adriatic Metals: High-Grade Silver Mine, Ready To Go

  • Adriatic Metals sees record quarter of operations at Vares as ramp-up continues

  • Adriatic Metals raises A$80mln to fast-track Vares project

  • Adriatic Metals issues production guidance for 2025 and 2026

  • Adriatic Metals Is On The Verge Of Commercial Production

  • Adriatic Metals looking up again as Vares nears commercial production

  • Adriatic Metals expects to hit commercial production this month

  • Adriatic Metals ramps up production at ares Silver Operation

  • Adriatic Metals approved for new tailings facility