East coast vulcan mining corporation
PPSE:ECVC0.30
PHP
-0.01
(-3.23%)
ISIN
PH0000059099
CUSIP
000005909
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
-65.91
81.12
5Y
-74.58
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Hilario G. Pagauitan
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- Makati Philippines
- IPO Date
- Aug 31, 1970
- Website
- eastcoastvulcanmining.com
- Similar Companies
- Business
- East Coast Vulcan Mining Corporation (PSE: ECVC) is a Philippine-based natural resources and mining enterprise engaged in the exploration, development, extraction, and commercialization of mineral properties, oil, and gas assets. The company focuses primarily on the exploration and commercial extraction of industrial metallic mineral deposits, notably nickel laterite and chromite ores, alongside tenement stewardship under governmental mineral and petroleum contracts. Its core portfolio of products and services comprises the extraction, grading, and commercial distribution of direct shipping nickel ore across high-, medium-, and low-grade specifications for export to international processing and smelting facilities; the mining and delivery of metallurgical chromite ore; mineral property development and concession management under Mineral Production Sharing Agreements (MPSAs); petroleum and geological exploration under Geophysical Survey and Exploration Contracts (GSECs); and the accrual of mineral royalties and marketing fees generated through long-term operating and royalty agreements with mining partners. The company's principal mining operations and concession areas are concentrated in the Caraga Region of the Philippines, situated predominantly in the Province of Dinagat Islands, encompassing key assets such as the Cagdianao Project (MPSA No. 078-97-XIII SMR), the Libjo Project (MPSA No. 233-2007-XIII SMR), and the Loreto Project. Originally incorporated in 1953 as Vulcan Manufacturing Corporation and later known as Vulcan Industrial & Mining Corporation, the company is headquartered in Makati City, Metro Manila, Philippines. In recent major corporate developments, the company executed a transformative revitalization strategy via an asset-infusion and backdoor listing transaction involving East Coast Mineral Resources Company Incorporated (ECMRCI) and the HGP Group, which transferred operating nickel and chromite concessions into the publicly listed vehicle. Following this business realignment, the company officially amended its corporate identity and changed its name from East Coast Vulcan Corporation to East Coast Vulcan Mining Corporation in April 2024 to emphasize its dedicated mining focus. In addition to ongoing operational collaborations, including commercial and operating arrangements with Cagdianao Mining Corporation, the company has undertaken comprehensive balance-sheet and equity restructuring measures, implementing a reduction in authorized capital stock and a 1-to-8 stock split to enhance market liquidity and position the enterprise for future follow-on equity offerings and expanded exploration financing.