OverviewSuggest Edit

New Jersey Mining Company explores for, develops, and operates mineral resources in the Western United States. It primarily explores for gold, as well as for silver and base metal resources. The company holds interests in a portfolio of mineral properties located in the Greater Coeur d'Alene Mining District of North Idaho and Western Montana.
TypePublic
Founded1996
HQCoeur d'Alene, ID, US
Websitenewjerseymining.com

Latest Updates

Employees (est.) (Feb 2019)18
Revenue (FY, 2019)$6.1 M(+69%)
Share Price (Feb 2021)$0.3 (-4%)
Cybersecurity ratingAMore

Key People/Management at New Jersey Mining

John Swallow

John Swallow

CEO, President & Director
Monique Hayes

Monique Hayes

Investor Relations, Corporate Secretary
Grant Brackebusch

Grant Brackebusch

CFO, Vice-President & Director
Rob Morgan

Rob Morgan

VP Exploration
Kevin Shiell

Kevin Shiell

Director
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New Jersey Mining Office Locations

New Jersey Mining has offices in Coeur d'Alene and Kellogg
Coeur d'Alene, ID, US (HQ)
201 N 3rd St
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New Jersey Mining Financials and Metrics

New Jersey Mining Revenue

New Jersey Mining's revenue was reported to be $6.12 m in FY, 2019
USD

Revenue (Q2, 2020)

1.3m

Gross profit (Q2, 2020)

33.4k

Gross profit margin (Q2, 2020), %

2.5%

Net income (Q2, 2020)

(212.5k)

EBIT (Q2, 2020)

(194.8k)

Market capitalization (5-Feb-2021)

39.7m

Closing stock price (5-Feb-2021)

0.3

Cash (30-Jun-2020)

396.2k

EV

40.3m
New Jersey Mining's current market capitalization is $39.7 m.
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.5m904.3k92.5k1.9m544.8k4.3m3.6m6.1m

Cost of goods sold

5.4m

Gross profit

738.5k

Gross profit Margin, %

12%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

278.1k502.1k476.2k403.7k22.2k76.063.06.2k391.1k872.3k603.1k44.0k48.3k52.4k689.3k1.3m1.3m1.1m489.6k1.0m1.1m1.5m1.9m1.4m1.3m

Cost of goods sold

1.1m1.5m1.4m1.3m1.3m

Gross profit

59.9k77.5k447.2k97.9k33.4k

Gross profit Margin, %

5%5%24%7%3%
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

613.0k10.0k336.5k62.3k124.6k248.8k217.8k

Accounts Receivable

33.8k3.1k307.8k74.7k158.8k

Prepaid Expenses

55.4k13.2k22.5k40.4k102.4k103.2k

Inventories

18.4k19.5k245.2k183.1k225.1k
USDQ2, 2011

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.2 x
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New Jersey Mining Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

New Jersey Mining Online and Social Media Presence

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New Jersey Mining News and Updates

New Jersey Mining Company Releases President’s Letter

COEUR D'ALENE, Idaho, Feb. 13, 2019 (GLOBE NEWSWIRE) --  New Jersey Mining Company (CSE/OTCQB:NJMC) (“NJMC” or the “Company”) distributed the following letter to Shareholders from NJMC President & CEO John Swallow:

New Jersey Mining Company intercepts high-grade gold mineralization in the Paymaster Shoot

COEUR D'ALENE, Idaho, Jan. 22, 2019 (GLOBE NEWSWIRE) -- New Jersey Mining Company (CSE/OTCQB:NJMC) (“NJMC” or the “Company”) announced today that recent core drilling intercepted high-grade gold mineralization in the Paymaster Shoot (“Paymaster”). 

New Jersey Mining Company Releases President’s Letter to Employees and Shareholders

COEUR D'ALENE, Idaho, Dec. 31, 2018 (GLOBE NEWSWIRE) -- New Jersey Mining Company (CSE/OTCQB:NJMC) (“NJMC” or the “Company”) distributed the following letter to Shareholders from NJMC President & CEO John Swallow:

New Jersey Mining Company Releases President’s Update to Shareholders

COEUR D'ALENE, Idaho, Oct. 30, 2018 (GLOBE NEWSWIRE) -- New Jersey Mining Company (CSE/OTCQB:NJMC) (“NJMC” or the “Company”) today distributed the following Update to Shareholders from NJMC President & CEO John Swallow:

New Jersey Mining Company Increases Land Position in Central Idaho

COEUR D'ALENE, Idaho, Sept. 28, 2018 (GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB/CSE:NJMC) (“NJMC” or the “Company”) announced today it has increased its overall land position at the Company’s Eastern Star and South Fork project areas in central Idaho.

New Jersey Mining Company Provides Second Quarter Update on Operations and Corporate Activities

COEUR D'ALENE, Idaho, Aug. 15, 2018 (GLOBE NEWSWIRE) -- New Jersey Mining Company (OTCQB:NJMC/CSE:NJMC) (“NJMC” or the “Company”) today announced its consolidated operating and financial results for the second quarter of 2018. The full version of the Company’s interim consolidated financial statem…

New Jersey Mining Blogs

New Jersey Mining Company Intersects High-Grade Gold Veins Down-Dip in Paymaster Shoot

COEUR D'ALENE, Idaho, February 18, 2021 (ACCESSWIRE) -- New Jersey Mining Company (OTCQB:NJMC) (“NJMC” or the “Company”) is pleased to announce further high-grade results from its core drilling program at the Golden Chest. These high-grade gold intercepts are from recent exploration drilling in the …

New Jersey Mining Company Announces Grant of Stock Options 100,000 stock options to each employee – regardless of position

COEUR D'ALENE, Idaho, February 2, 2021 (ACCESSWIRE) -- New Jersey Mining Company (OTCQB: NJMC)(“NJMC” or the “Company”) announces the grant of 4,200,000 stock options to employees and directors of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $…

New Jersey Mining Makes New Discovery at Golden Chest Drills 7.3 Meters of 11.5 grams per tonne (gpt) Gold, Including 2.3 Meters of 19.5 gpt Gold – True Thickness

COEUR D'ALENE, Idaho, January 4, 2021 (ACCESSWIRE) -- New Jersey Mining Company (OTCQB:NJMC) (“NJMC” or the “Company”) is pleased to announce that its current core drilling program at the Golden Chest has intercepted 7.3 meters that assayed 11.5 grams per tonne (gpt) gold (including 2.3 meters of 19…

New Jersey Mining Company Provides Preliminary High-Grade Drill Results and Year-End Exploration Update

The Golden Chest Mine, Murray Gold Belt and the Diamond Creek Rare Earth Element Property . COEUR D'ALENE, Idaho, December 24, 2020 (ACCESSWIRE) -- New Jersey Mining Company (OTCQB:NJMC)(“NJMC” or the “Company”) is pleased to provide drill and sampling highlights, a year-end exploration update for t…

New Jersey Mining Company Closes $2.7 Million Private Placement and additional Warrant Exercise

  COEUR D'ALENE, Idaho, August 31, 2020 (ACCESSWIRE) -- New Jersey Mining Company (OTCQB:NJMC)(“NJMC” or the “Company”) is pleased to announce it has closed a $2.7 million private placement from 18 investors and has also been notified of warrants to be exercised in connection with a private placemen…

New Jersey Mining Company Provides President’s Letter – Including a Q2 Update, Operational Additions and Plans for Increased Production & Resource Delineation

  COEUR D'ALENE, Idaho, August 4, 2020 (ACCESSWIRE) -- New Jersey Mining Company (OTCQB:NJMC)(“NJMC” or the “Company”) is pleased to distribute this President’s Letter to Shareholders, which includes an update on 2nd quarter operations and future plans, from NJMC President & CEO John Swallow: It…
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New Jersey Mining Frequently Asked Questions

  • When was New Jersey Mining founded?

    New Jersey Mining was founded in 1996.

  • Who are New Jersey Mining key executives?

    New Jersey Mining's key executives are John Swallow, Monique Hayes and Grant Brackebusch.

  • How many employees does New Jersey Mining have?

    New Jersey Mining has 18 employees.

  • What is New Jersey Mining revenue?

    Latest New Jersey Mining annual revenue is $6.1 m.

  • What is New Jersey Mining revenue per employee?

    Latest New Jersey Mining revenue per employee is $340 k.

  • Who are New Jersey Mining competitors?

    Competitors of New Jersey Mining include Lundin Gold, Midway Gold and Ireland INC.

  • Where is New Jersey Mining headquarters?

    New Jersey Mining headquarters is located at 201 N 3rd St, Coeur d'Alene.

  • Where are New Jersey Mining offices?

    New Jersey Mining has offices in Coeur d'Alene and Kellogg.

  • How many offices does New Jersey Mining have?

    New Jersey Mining has 2 offices.