Pasinex Resources Ltd.
0.07
CAD
+0.01
(+7.69%)
ISIN
CA70260R1082
CUSIP
70260R108
Return %
Stock
S&P 500
1Y
-17.65
14.20
3Y
27.27
81.12
5Y
40.00
68.34
Capital Structure
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in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
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in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- Larry Edward Seeley
- Full Time Employees
- 8
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 550 Burrard Street Toronto BC Canada BC V6C 0A3
- IPO Date
- May 23, 2007
- Website
- pasinex.com
- Similar Companies
- Business
- Pasinex Resources Limited Pasinex Resources Limited is a Canada-based zinc-focused mining company incorporated in 2006 and headquartered in Toronto, Ontario, that, through its wholly owned subsidiary Pasinex Arama ve Madencilik A.S., owns and operates high-grade zinc mining and exploration properties primarily in Türkiye and the United States; core assets include 100% ownership of Horzum A.S., which operates the producing Pinargozu zinc mine in Adana Province with zinc sulphide concentrates averaging 49.4% zinc grades sold directly to smelters and refiners, the Sarikaya Group IV lead-zinc operating license in Kayseri Province featuring 30%-50% near-surface carbonate-hosted zinc mineralization suitable for direct shipping ore, the Akkaya and Mahyalar exploration licenses in Türkiye, and a 51% interest with an option to increase to 80% in the Gunman high-grade zinc exploration project in Nevada, USA. The company targets carbonate replacement deposit systems along the Anatolian Faults in Türkiye and similar mineralized zones in Nevada, serving zinc smelters, refiners, and commodity brokers with high-grade direct shipping products emphasizing low capital requirements, rapid payback, and strong margins from ore grades economically equivalent to 9%-15% copper. Recent developments include the September 2025 Share Transfer and Settlement Agreement with Kurmel Holding to acquire 100% ownership of Horzum A.S. pending MAPEG approval, thereby consolidating full control of the Pinargozu mine and related licenses; the completion of the Sarikaya project acquisition through the purchase of 100% of Aydin Teknik Madencilik shares with MAPEG approval received in November 2025 and a USD 2 million pledge over shares; an over-subscribed non-brokered private placement closed in October 2025 raising C$2.33 million for project advancement and working capital; a change in financial year-end to March 31 effective for reporting periods starting 2026; and the granting of 2.5 million stock options to directors, officers, and key employees in September 2025.
Company News
Pasinex Completes Sale of High-Grade Zinc Sulphide Material and Provides Pinargozu Operations Update
Pasinex Announces Audited Financial Results for the Fifteen-Month Period Ended March 31, 2026