Friday, February 9, 2018

Oriental Peninsula Resources Group, Inc. (ORE)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Oriental Peninsula Resources Group, Inc. (OPM)
Sector
Mining and Oil
Incorporation Date
Apr 16, 2007
Subsector
Mining
Number of employees
92 (Group Total)
Board of Directors
Chairman: Caroline L. Tanchay
Website / E-mail
http://www.orientalpeninsula.com / inquire@orientalpeninsula.com
2. Stock Information
Total Assets
7,386,036,868
Market Capitalization
2,648,220,004.60
Total Liabilities
435,553,925
Outstanding Shares
2,878,500,005
Retained Earnings
3,471,938,168
Listed Shares
1,452,000,005
Listing Date
Dec 19, 2007
Issued Shares
1,452,000,005
Board Lot
1,000
Free Float Level (%)
44.28%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Redmont Consolodated Mines, Corp.
Citimax Group, Inc.
Golden Spin Realty, Inc.
24.31%
16.67%
14.66%
4. Company Descriptions and Business Development
Notes
1. Same as many other mining companies in the Philippines, it also has issue with DENR/MGB. It is stilly trying to adverse the suspension order issued in July 2016.
Overview
The Corporation’s principal activity is investment holding. Since its incorporation on April 16, 2007, the Corporation has acquired one operating subsidiary, Citinickel Mines and Development Corporation.


Business
Revenue contribution in 2016
Sale of Ore
Other Income
431,164,348
62,345,323
87%
13%

Subsidiaries / Associates / Affiliates / Joint Ventures
Citinickel Mines and Development Corporation (Citinickel, 99%) has MPSAs with a covering area of 2,176 hectares in Palawan, Pulot Nickel Mining Project.

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