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Bullboard - Stock Discussion Forum Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El... see more

TSX:ORV - Post Discussion

Orvana Minerals Corp > Q3 financials estimate revenue
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Post by JUANTOTHESTARS2 on Jul 17, 2024 6:56pm

Q3 financials estimate revenue

1. Gold Equivalent Production Calculation

Gold equivalent ounces (GEO) are provided directly:

  • Q3 FY2024: 13,078 GEO

2. Revenue Estimation

We'll estimate revenue by multiplying the gold equivalent ounces produced by the average market price for each metal.

Prices:

  • Gold: $2,337.99/oz
  • Silver: $28.86/oz
  • Copper: $4.42/lb

Production for Q3 FY2024:

  • Gold: 10,832 oz
  • Silver: 30,872 oz
  • Copper: 986,000 lbs (or 986 tons)

Revenue Calculation:

  1. Gold Revenue:

    Gold Revenue=10,832oz×$2,337.99/oz=$25,311,565.28\text{Gold Revenue} = 10,832 \, \text{oz} \times \$2,337.99/\text{oz} = \$25,311,565.28
  2. Silver Revenue:

    Silver Revenue=30,872oz×$28.86/oz=$892,145.52\text{Silver Revenue} = 30,872 \, \text{oz} \times \$28.86/\text{oz} = \$892,145.52
  3. Copper Revenue:

    Copper Revenue=986,000lbs×$4.42/lb=$4,357,320\text{Copper Revenue} = 986,000 \, \text{lbs} \times \$4.42/\text{lb} = \$4,357,320

Total Revenue:

Total Revenue=$25,311,565.28+$892,145.52+$4,357,320=$30,561,030.80\text{Total Revenue} = \$25,311,565.28 + \$892,145.52 + \$4,357,320 = \$30,561,030.80

These calculations provide a rough estimate of financial performance for Q3 FY2024. For precise forecasting, you should adjust based on exact cost structures, market conditions, and any other financial data available.

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