OverviewSuggest Edit

Cornerstone Capital Resources is engaged in the evaluation, acquisition and exploration of mineral properties in Ecuador and Chile. The Company operates in the acquisition and exploration, and evaluation activities segment. It focuses on developing the properties and bringing them into production. Cornerstone Capital Resources also options or leases properties to third parties, and sells the properties outright. 

TypePublic
Founded1997
HQOttawa, CA
Websitecornerstoneresources.com

Latest Updates

Revenue (FY, 2017)C$4.9 K(-93%)
Share Price (Nov 2020)C$5.7
Cybersecurity ratingAMore

Key People/Management at Cornerstone Capital Resources

Greg Chamandy

Greg Chamandy

Chairman of the Board
Colin McKenzie

Colin McKenzie

Director
H. Brooke Macdonald

H. Brooke Macdonald

Director, President & CEO
David Loveys

David Loveys

CFO & Director
Beverley A. Evans

Beverley A. Evans

Director
W. John Clarke

W. John Clarke

Director
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Cornerstone Capital Resources Office Locations

Cornerstone Capital Resources has an office in Ottawa
Show all (1)

Cornerstone Capital Resources Financials and Metrics

Cornerstone Capital Resources Revenue

Cornerstone Capital Resources's revenue was reported to be C$4.91 k in FY, 2017 which is a 93.5% decrease from the previous period.
CAD

Revenue (Q2, 2018)

2.3k

Net income (Q2, 2018)

(1.5m)

Market capitalization (24-Nov-2020)

183.5m

Closing stock price (24-Nov-2020)

5.7

Cash (30-Jun-2018)

7.1m
Cornerstone Capital Resources's current market capitalization is C$183.5 m.
Annual
CADFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

669.8k201.5k75.7k4.9k

Revenue growth, %

(70%)(62%)(94%)

General and administrative expense

963.9k1.3m811.7k1.6m

Operating expense total

963.9k1.3m811.7k1.6m
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

52.8k10.3k20.7k28.9k(75.7k)49.7k(27.3k)3.1m215.1k368.02.3k

General and administrative expense

400.9k294.5k449.9k128.2k153.7k314.8k424.8k442.7k401.2k301.9k312.4k

Operating expense total

400.9k294.5k449.9k128.2k153.7k314.8k424.8k442.7k401.2k301.9k312.4k

Depreciation and amortization

9.4k9.5k9.0k2.5k2.5k2.1k8.9k10.9k16.1k16.0k4.6k
Annual
CADFY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.4m175.0k2.6m564.2k

Accounts Receivable

325.2k148.5k121.8k128.1k

Prepaid Expenses

41.8k28.2k37.7k192.6k

Current Assets

3.2m379.1k2.8m1.9m
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

1.5m963.5k544.1k143.7k3.4m3.1m2.7m1.4m2.5m7.7m7.1m

Accounts Receivable

376.7k171.6k151.6k119.4k154.7k114.7k127.8k130.2k144.5k489.9k151.9k

Prepaid Expenses

49.8k64.9k45.6k22.2k31.9k35.3k41.7k54.4k89.2k188.8k203.4k

Current Assets

2.1m1.3m800.7k285.9k3.6m3.2m2.8m53.4m2.8m8.8m7.7m
Annual
CADFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(2.1m)(5.1m)(2.8m)(7.8m)

Depreciation and Amortization

38.2k34.6k9.5k52.2k

Cash From Operating Activities

(1.2m)(1.8m)(2.1m)(5.4m)

Purchases of PP&E

(36.8k)(95.9k)(230.0k)
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(817.2k)(1.4m)(4.3m)(313.7k)(1.1m)(1.7m)(1.2m)26.6k(6.2m)(2.0m)(3.1m)

Depreciation and Amortization

9.4k18.9k27.9k2.5k5.0k7.2k8.9k19.8k35.9k16.0k20.6k

Cash From Operating Activities

(516.7k)(901.6k)(1.3m)(301.0k)(863.1k)(1.2m)(1.0m)(2.3m)(3.3m)(996.2k)(1.6m)

Purchases of PP&E

(725.0)(725.0)(32.9k)(136.5k)(234.7k)(8.7k)(8.7k)
CADFY, 2014

Financial Leverage

1.1 x
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Cornerstone Capital Resources Operating Metrics

Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Sep, 2017Q3, 2017FY, 2017Q1, 2018

Airports

15

Concessions

47 47 47 47 47 48 49 50 22
Show all operating metrics

Cornerstone Capital Resources Acquisitions / Subsidiaries

Company NameDateDeal Size
Cornerstone Ecuador S.A.
Cornerstone Exploration Inc.
Cornerstone Resources
Exploraciones Novomining S.A.
La Plata Minerales S.A.
Minera Cornerstone Chile Limitada

Cornerstone Capital Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Cornerstone Capital Resources Online and Social Media Presence

Embed Graph

Cornerstone Capital Resources Blogs

Cornerstone Capital Resources Frequently Asked Questions

  • When was Cornerstone Capital Resources founded?

    Cornerstone Capital Resources was founded in 1997.

  • Who are Cornerstone Capital Resources key executives?

    Cornerstone Capital Resources's key executives are Greg Chamandy, Colin McKenzie and H. Brooke Macdonald.

  • What is Cornerstone Capital Resources revenue?

    Latest Cornerstone Capital Resources annual revenue is C$4.9 k.

  • Who are Cornerstone Capital Resources competitors?

    Competitors of Cornerstone Capital Resources include Searchlight Minerals, U.S. Lithium and Herencia Resources.

  • Where are Cornerstone Capital Resources offices?

    Cornerstone Capital Resources has an office in Ottawa.

  • How many offices does Cornerstone Capital Resources have?

    Cornerstone Capital Resources has 1 office.