1. France Stocks

  2. •

    Basic Materials

  3. •

    Gold
EURO Ressources S.A.

EURO Ressources S.A.

ERRSF
EURO Ressources S.A.US flagOther OTC
3.30
USD
+0.25
- -
250.91MMarket Cap
EURO Ressources S.A.
ERRSF
(Other OTC)

Recent

price

3.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
FRC
0.16
0.2
0.31
0.46
0.59
0.66
0.47
0.39
0.36
0.42
0.42
0.38
0.39
0.31
0.2
0.35
0.51
Revenue per Share
-0.01
0.08
0.17
0.3
0.37
0.4
0.38
0.21
0.2
0.25
0.3
0.25
0.26
0.22
0.12
0.18
0.33
Basic EPS, GAAP
0.02
0.1
0.24
0.35
0.37
0.35
0.28
0.21
0.25
0.26
0.25
0.3
0.29
0.24
0.05
0.25
0.36
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.29
0.36
0.33
0.15
0.2
0.15
0.15
0.2
0.2
0.25
0.25
0.25
Dividend per Share
- -
0.09
0.18
0.01
0.38
0.41
0.39
0.22
0.21
0.26
0.31
0.26
0.27
0.23
0.13
0.19
0.31
Book Value per Share
-0.05
0.26
0.24
0.29
0.2
0.42
0.43
0.37
0.44
0.54
0.66
0.7
0.76
0.73
0.64
0.6
0.63
Tangible Book Value per Share
52
61
62
62
62
62
62
62
62
62
62
62
62
62
62
62
62
Basic Weighted Avg Shares
8
12
19
29
37
41
29
24
23
26
26
24
24
19
13
22
32
Sales/Revenue/Turnover
68.97
71.42
90.55
96.1
95.78
96.22
94.59
94.43
93.59
95.58
95.04
95.81
95.76
94.89
93.33
95.67
95.86
Operating Margin (%)
1
- -
1
1
1
1
1
- -
1
1
1
1
- -
- -
- -
- -
1
Depreciation Expense
-1
5
11
19
23
25
24
13
13
16
19
16
16
14
8
11
21
Net Income, GAAP
- -
33
34.38
28.76
34.5
37.04
36.53
42.63
40.8
36.61
24.82
33.34
33.21
24.15
34.69
28.96
22.36
Effective Tax Rate (%)
-9.44
37.66
55.39
64.79
62.53
60.53
81.17
53.97
55.02
61.01
71.61
65.83
66.16
72.7
60.33
51.19
65.32
Profit Margin (%)
-3
-2
14
18
13
20
13
8
13
17
25
33
37
36
24
27
30
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
6
24
22
26
19
26
27
23
28
34
41
44
48
46
40
37
40
Total Equity
- -
33.36
46.44
71.69
81.97
93.5
63.69
52.31
49.29
50.34
48.98
35.95
33.72
29.56
17.93
38.55
56.7
Return on Invested Capital (%)
- -
47.41
43.3
116.01
197.24
101.4
94.92
68.59
93.34
107.22
104.13
88.26
96.94
89.57
66.65
112.33
141.78
Return on Capital (%)
- -
- -
128.97
308.07
189.75
101.4
94.92
68.59
93.34
107.22
104.13
88.26
96.94
89.57
66.65
112.33
141.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
62
Market Capitalization
148
- -
194

Working Capital

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
35
25
34
Cash, Cash Equivalents & STI
26
17
25
Accounts Receivable, Net
8
8
9
Inventories
- -
- -
- -
Total Current Liabilities
2
2
3
Payables & Accruals
2
2
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.3%
-1.53%
-6.23%
Free Cash Flow
33.68%
72.97%
445.83%
Net Income, GAAP
-3.32%
-4.62%
49.2%
Sales/Revenue/Turnover
-2.45%
2.75%
75.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
3
2
3
3
13
2022
5
5
5
7
22
2023
8
8
9
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.03
0.02
0.03
- -
0.12
2022
0.05
0.05
0.05
- -
0.18
2023
0.1
0.1
0.1
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
0.25
- -
- -
0.25
2022
- -
0.25
- -
- -
0.25
2023
- -
0.25
- -
- -
- -
Similar Companies
Minnova Corp. (AGRDF)
Hamelin Gold Limited (HMG.AX)
Hycroft Mining Holding Corporation (HYMCL)
Gungnir Resources Inc. (GUG.V)
Stellar AfricaGold Inc. (SPX.V)
Morocco Strategic Minerals Corporation (GNSMF)
Business
EURO Ressources S.A. is a France-based precious metals royalty company primarily engaged in owning and managing royalty interests in gold production. Its main products and services include a 10% royalty interest on gold production from the Rosebel gold mine, located in Suriname and 95% owned by IAMGOLD Corporation, a silver stream agreement with a subsidiary of Orezone Gold Corporation, and royalties on mining concessions such as the Paul Isnard project in French Guiana. The company operates mainly in Suriname, French Guiana, and holds marketable securities related to the mining sector. Founded in 2002 and headquartered in Paris, France, EURO Ressources focuses on acquiring, holding, and monetizing royalties and streaming interests to generate revenue from precious metal mining operations. The latest major change for EURO Ressources is its acquisition by IAMGOLD Corporation, completed in February 2024 via IAMGOLD's wholly owned subsidiary IAMGOLD France S.A.S., resulting in EURO Ressources becoming a fully owned subsidiary of IAMGOLD. This acquisition integrated EURO’s royalties, especially the Rosebel royalty, into IAMGOLD’s portfolio, enhancing IAMGOLD’s exposure to gold production revenues. Prior to the acquisition, IAMGOLD already owned approximately 90% of EURO’s shares, and this transaction resulted in complete ownership. The acquisition also included EURO’s exploration permits and streaming agreements, aligning with IAMGOLD's strategic expansion in gold mining assets and royalties. Overall, EURO Ressources operates within the financial and mining sectors, focusing on royalty and streaming revenue models for precious metals, primarily gold and silver. Its core business model revolves around leveraging royalty rights from significant gold mining assets such as the Rosebel gold mine and generating steady income from mining production without direct involvement in mining operations. The company’s integration into IAMGOLD marks a significant corporate shift, positioning it within the broader operations of a major Canadian mining company with global interests. The company’s headquarters remain in Paris, France, and it maintains a presence in key mining regions including Suriname and French Guiana.

Company News

APIChatGPT

  • seekingalpha.com

    Precious Metals Royalty And Streaming Companies: The January Report

  • globenewswire.com

    EURO Ressources: ESTABLISHMENT OF A SPECIAL COMMITTEE

  • globenewswire.com

    EURO Ressources reports earnings for the third quarter and nine months ended September 30, 2023

  • seekingalpha.com

    Precious Metals Royalty And Streaming Companies: The August Report

  • globenewswire.com

    EURO Ressources reports earnings for the second quarter and six months ended June 30, 2023