OverviewSuggest Edit

We explore for rare minerals, like Tantalum, through holding majority stakes in junior mining companies or joint ventures. Our team controls and manages all of our projects direct. We operate in a social responsible way.
Our Company acquires and holds majority shareholdings in junior mining and mineral trading businesses in under developed geographical areas, mainly in Africa. The focus is on rarer minerals like Tantalum, precious metals like Gold and high value gem stones like Diamonds that can be extracted with low cost mining operations.
We believe that the long-term global macroeconomic outlook is positive for the global metals, mining and resources sector. We further believe that the underlying supply and demand fundamentals of the minerals that the Company focus on are compelling, given limited new supply coming on-line and production cutbacks by high cost mining operations against the background of demand from the industrialisation of emerging economies.

TypePublic
Founded2012
HQLondon, GB
Websitesumoresources.com

Locations

SUMO RESOURCES is headquartered in
London, United Kingdom

Location Map

Latest Updates

Employees (est.) (Aug 2020)5(-50%)
Revenue (FY, 2018)£166.3 K(-12%)
Share Price (Aug 2020)€0
Cybersecurity ratingAMore

Key People/Management at SUMO RESOURCES

Herman Claassen

Herman Claassen

Chief Technology Officer
André Odendaal

André Odendaal

Chief Executive Officer
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SUMO RESOURCES Office Locations

SUMO RESOURCES has offices in London, Reading, Düsseldorf and Umm Al Quwain
London, GB (HQ)
62 Peerless St
Reading, GB
Jupiter House, Calleva Park, 5 5
Düsseldorf, DE
75 Charlottenstraße
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SUMO RESOURCES Financials and Metrics

SUMO RESOURCES Revenue

SUMO RESOURCES's revenue was reported to be £166.27 k in FY, 2018
GBP

Revenue (FY, 2018)

166.3k

Gross profit (FY, 2018)

143.8k

Gross profit margin (FY, 2018), %

86.5%

Net income (FY, 2018)

(214.6k)

EBITDA (FY, 2018)

(57.6k)

EBIT (FY, 2018)

(213.1k)

Market capitalization (5-Aug-2020)

666.5k

Closing stock price (5-Aug-2020)

0.0

Cash (31-Dec-2018)

6.8k
SUMO RESOURCES's current market capitalization is €666.5 k.
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

191.1k166.3k

Cost of goods sold

119.2k22.4k

Gross profit

71.9k143.8k

Gross profit Margin, %

38%87%
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.8k7.5k1.7k564.2k245.8k6.8k

Inventories

3.9k

Current Assets

358.5k290.2k205.6k564.2k290.1k39.9k

PP&E

6.6k8.8k11.4k18.8k14.6k
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.6m)(93.0k)(116.8k)(696.6k)(242.2k)(214.6k)

Cash From Operating Activities

(38.7k)3.7k(5.9k)12.5k(292.3k)(192.8k)

Cash From Financing Activities

50.0k550.0k

Net Change in Cash

3.8k3.7k(5.9k)562.5k(318.4k)(239.0k)
GBPFY, 2013

Financial Leverage

1 x
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SUMO RESOURCES Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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SUMO RESOURCES Online and Social Media Presence

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SUMO RESOURCES Frequently Asked Questions

  • When was SUMO RESOURCES founded?

    SUMO RESOURCES was founded in 2012.

  • Who are SUMO RESOURCES key executives?

    SUMO RESOURCES's key executives are Herman Claassen and André Odendaal.

  • How many employees does SUMO RESOURCES have?

    SUMO RESOURCES has 5 employees.

  • What is SUMO RESOURCES revenue?

    Latest SUMO RESOURCES annual revenue is £166.3 k.

  • What is SUMO RESOURCES revenue per employee?

    Latest SUMO RESOURCES revenue per employee is £33.3 k.

  • Who are SUMO RESOURCES competitors?

    Competitors of SUMO RESOURCES include Royal Mines And Minerals, Coeur Mining and Silver Bull Resources.

  • Where is SUMO RESOURCES headquarters?

    SUMO RESOURCES headquarters is located at 62 Peerless St, London.

  • Where are SUMO RESOURCES offices?

    SUMO RESOURCES has offices in London, Reading, Düsseldorf and Umm Al Quwain.

  • How many offices does SUMO RESOURCES have?

    SUMO RESOURCES has 4 offices.