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Brazil Minerals

OverviewSuggest Edit

Brazil Minerals, Inc. mines and sells diamonds, both rough and polished, as well as gold. Additionally, the Company owns majority exploration rights for other minerals including copper, titanium, vanadium and iron.  On average, 97% of the diamonds mined at MDB (Mineração Duas Barras) are of quality for jewelry applications.

TypePublic
Founded2011
HQPasadena, CA, USMap
Websitebrazil-minerals.com

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2019)8(+34%)
Revenue (FY, 2019)$15.4 K(-21%)
Share Price (Jan 2021)$0
Cybersecurity ratingCMore

Key People/Management at Brazil Minerals

Marc Fogassa

Marc Fogassa

Chief Executive Officer & Chairman
Roger Noriega

Roger Noriega

Director
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Brazil Minerals Office Locations

Brazil Minerals has an office in Pasadena
Pasadena, CA, US (HQ)
1443 E Washington Blvd
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Brazil Minerals Financials and Metrics

Brazil Minerals Revenue

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Brazil Minerals's revenue was reported to be $15.39 k in FY, 2019
USD

Revenue (Q2, 2020)

8.9k

Gross profit (Q2, 2020)

(21.7k)

Gross profit margin (Q2, 2020), %

(243.2%)

Net income (Q2, 2020)

(315.7k)

EBIT (Q2, 2020)

(290.1k)

Market capitalization (8-Jan-2021)

3.3m

Closing stock price (8-Jan-2021)

0.0

Cash (30-Jun-2020)

327.4k

EV

4.9m
Brazil Minerals's current market capitalization is $3.3 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

43.3k19.7k15.4k

Revenue growth, %

(54%)

Cost of goods sold

208.8k126.2k182.2k

Gross profit

(165.6k)(106.5k)(166.8k)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

3.4k9.1k17.9k4.9k2.4k21.2k4.8k5.2k6.5k2.6k8.9k

Cost of goods sold

33.2k43.7k36.7k35.9k33.2k27.2k43.2k52.0k29.5k29.2k30.7k

Gross profit

(29.8k)(34.6k)(18.7k)(31.0k)(30.8k)(6.1k)(38.4k)(46.9k)(22.9k)(26.6k)(21.7k)

Gross profit Margin, %

(877%)(382%)(104%)(630%)(1293%)(29%)(802%)(906%)(350%)(1012%)(243%)
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

863.2k104.8k19.8k64.4k7.1k84.1k2.4k151.1k

Accounts Receivable

2.9k256.0

Prepaid Expenses

43.2k45.6k50.1k7.3k23.8k

Inventories

146.2k210.4k145.1k78.9k38.9k33.2k15.1k
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

17.4k2.2k99.0637.2k360.7k321.5k665.5k643.1k141.9k23.5k114.0k3.7k9.0k12.0k51.0k7.9k145.5k26.7k14.5k5.9k5.6k9.5k73.5k193.1k327.4k

Accounts Receivable

5.8k5.8k16.9k4.3k20.8k3.0k2.5k1.4k213.01.8k6.0370.019.2k

Prepaid Expenses

93.3k146.0k203.1k26.0k6.8k49.2k75.3k28.4k8.1k11.5k29.1k27.7k23.9k23.0k23.6k24.0k22.1k

Inventories

512.4k591.9k240.9k277.8k437.2k174.2k180.1k142.9k141.9k157.9k6.5k81.3k77.7k81.2k38.7k33.4k32.1k33.0k33.6k30.9k11.7k11.1k
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(174.5k)(2.2m)(3.4m)(1.9m)(1.7m)(1.9m)(1.8m)(2.1m)

Depreciation and Amortization

433.0216.056.3k87.0k90.0k75.3k63.5k

Inventories

350.8k(64.3k)65.3k15.0k(40.3k)

Accounts Payable

88.7k410.1k75.9k140.3k81.4k146.6k140.6k
Quarterly
USDQ2, 2013Q3, 2013Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(17.2k)(21.8k)(176.8k)(1.4m)(1.5m)(394.4k)(1.4m)(1.7m)343.9k(606.2k)(290.6k)(566.8k)(1.1m)(313.0k)(643.6k)(1.2m)(358.6k)(869.4k)(1.4m)(448.0k)(1.1m)(1.6m)(592.3k)(1.0m)

Depreciation and Amortization

108.0216.0324.0108.0216.0216.017.1k40.2k17.0k17.7k60.6k23.4k40.5k55.5k23.0k44.0k63.4k17.9k37.0k43.7k13.7k25.1k

Inventories

(44.7k)(106.3k)(94.7k)(131.7k)(291.1k)36.2k67.6k3.1k(12.8k)16.6k38.5k

Accounts Payable

(2.7k)(2.7k)(9.9k)3.2k51.8k119.1k113.2k6.1k92.8k40.0k134.3k182.7k10.8k47.2k73.0k19.9k77.6k123.0k59.4k98.3k124.4k77.6k61.6k
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USDQ1, 2013

Financial Leverage

1.1 x
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Brazil Minerals Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

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Brazil Minerals Online and Social Media Presence

Brazil Minerals's Trends

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Brazil Minerals News and Updates

October 30, 2019

Brazil Minerals, Inc. Starts Processing for Recovery of Gold and Diamonds

PASADENA, Calif., Oct. 30, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its main site alluvial diamond and gold mining operation has started recovery of raw diamonds and fine gold. The concentrations obtaine…
September 04, 2019

Brazil Minerals, Inc. Advances Diamond & Gold Mining Operation

PASADENA, Calif., Sept. 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its alluvial diamond and gold mining operation continues to progress very well and as planned. This active project is in the Jequitinh…
February 05, 2019

Brazil Minerals, Inc. Advances Late-stage Gold and Diamond Area

PASADENA, California, Feb. 5, 2019 /PRNewswire/ -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that it is progressing on the regulatory licensing pathway for commercial production from one of its premier areas for gold and diamond. The location...
December 10, 2018

Brazil Minerals, Inc. Engages Noble Capital Markets, Inc.

PASADENA, California, December 10, 2018 /PRNewswire/ -- Brazil Minerals, Inc. (OTC: BMIX) ("Brazil Minerals" or the "Company") announced today that it has engaged Noble Capital Markets, Inc. ("Noble"), an investment bank with offices in New York, Boston, St. Louis and Boca Raton to...
November 20, 2018

Brazil Minerals, Inc. Announces Initiation of Open Market Trading of its Subsidiary Jupiter Gold Corporation (OTC: JUPGF)

PASADENA, California, November 20, 2018 /PRNewswire/ -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that the common stock of its majority-owned subsidiary, Jupiter Gold Corporation (OTC: JUPGF) ("Jupiter Gold"), has begun trading in the U.S....
November 05, 2018

Brazil Minerals, Inc. Advances Gold and Diamond Project

PASADENA, California, November 5, 2018 /PRNewswire/ -- Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that it has advanced on mining licensing requirements for its new gold and diamond project in northern Minas Gerais state in Brazil. On September...
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Brazil Minerals Blogs

July 08, 2020

BRAZIL MINERALS, INC. ADVANCES EVALUATION OF IRON PROJECT

PASADENA, CA–(July 6, 2020) – Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “Brazil Minerals”) is pleased to announce that it has received initial positive results from certain preliminary, but key, dry magnetic separation tests performed by an independent laboratory with respect to iron sampl…
November 11, 2019

BRAZIL MINERALS, INC. RECOVERS INITIAL DIAMONDS FROM NEW AREA

PASADENA, CA–(November 11, 2019) – Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “Brazil Minerals”) announced today that the first run of the production of diamonds from its current mining site was better than expected. Diamondiferous gravel was extracted, transported, and processed through a …
October 31, 2019

BRAZIL MINERALS, INC. STARTS PROCESSING FOR RECOVERY OF GOLD AND DIAMONDS

PASADENA, CA–(October 30, 2019) – Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “Brazil Minerals”) announced today that its main site alluvial diamond and gold mining operation has started recovery of raw diamonds and fine gold. The concentrations obtained in processing of diamondiferous and a…
September 04, 2019

BRAZIL MINERALS, INC. ADVANCES DIAMOND & GOLD MINING OPERATION

PASADENA, CA–(September 4, 2019) – Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “Brazil Minerals”) announced today that its alluvial diamond and gold mining operation continues to progress very well and as planned. This active project is in the Jequitinhonha River Valley in a district known f…
August 21, 2019

BRAZIL MINERALS, INC. UPDATES ON DIAMOND & GOLD MINING OPERATIONS

PASADENA, CA–(August 21, 2019) – Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “Brazil Minerals”) announced today that its alluvial diamond and gold project mining operations are progressing well and within its plans for production in the third quarter of 2019. This project is in the Jequitinh…
August 15, 2019

BRAZIL MINERALS, INC. ADDS RARE EARTHS PROJECT

PASADENA, CA–(August 15, 2019) – Brazil Minerals, Inc. (OTC: BMIX) (the “Company” or “Brazil Minerals”) announced today that it now has rare earths areas comprising three mineral rights totaling 12,528 acres in Brazil. Two mineral rights are in the state of Goiás and one mineral right is in the stat…
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 Brazil Minerals Frequently Asked Questions

  • When was Brazil Minerals founded?

    Brazil Minerals was founded in 2011.

  • Who are Brazil Minerals key executives?

    Brazil Minerals's key executives are Marc Fogassa and Roger Noriega.

  • How many employees does Brazil Minerals have?

    Brazil Minerals has 8 employees.

  • What is Brazil Minerals revenue?

    Latest Brazil Minerals annual revenue is $15.4 k.

  • What is Brazil Minerals revenue per employee?

    Latest Brazil Minerals revenue per employee is $1.9 k.

  • Who are Brazil Minerals competitors?

    Competitors of Brazil Minerals include Wesdome, J Resources and Banro Corp.

  • Where is Brazil Minerals headquarters?

    Brazil Minerals headquarters is located at 1443 E Washington Blvd, Pasadena.

  • Where are Brazil Minerals offices?

    Brazil Minerals has an office in Pasadena.

  • How many offices does Brazil Minerals have?

    Brazil Minerals has 1 office.