Clifton Mining(OTC) CFTN

Clifton Mining Company is a natural resources enterprise focused on identifying, acquiring, and developing mineral-bearing properties. The company primarily produces silver, gold, and lead from a joint venture site located near the Utah-Nevada border.

Products and Services

• Production of silver, gold, and lead
• Development of mineral-bearing properties
• Management of mining claims and leases

Growth Outlook

• Significant land holdings with 82 patented claims and 402 unpatented claims
• Potential for increased production as market demand for precious metals rises
• Strategic location in the Gold Hill/Clifton mining district enhances operational advantages

Financial Highlights

• Recent quarterly net income of -$53,556 indicates ongoing operational challenges
• Cash and cash equivalents of $1,226,724 provide liquidity for future investments
• Trailing twelve months (TTM) cash flow metrics show a strong cash position despite losses

Clifton Mining Company operates in the basic materials sector, specifically within the precious metals industry. The company has established a solid foundation with extensive land assets, which are crucial for future growth. Despite recent financial challenges, the liquidity position remains strong, allowing for potential investments in operational improvements and expansion. The strategic location of the mining properties offers a competitive edge, particularly as the demand for precious metals continues to grow. Investors may find the company's focus on resource development and its significant land holdings appealing as the market evolves.