OTC Bulletin Board

S & P Company Insight for TARA MINERALS CORP
 
 Profile

 
Business Summary: Tara Minerals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company primarily explores for silver, zinc, lead, copper, and other industrial metals.
 
Address
  2162 Acorn Court
  Wheaton , IL 60187
  Phone: 630-462-2079
  Fax: 630-456-4135
  Website: http://www.taraminerals.com
Auditor
  Mendoza Berger & Company
Transfer Agent
  Corporate Stock Transfer, Inc.
Employees:  35
ShareHolders:  56
Founded:  2006
Domicile:  Nevada
 
  
 
 Background

 
Tara Minerals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mexico. The company primarily explores for silver, zinc, lead, copper, and other industrial metals. It principally owns a 100% interest in the Don Roman mine and mill located in Choix. The company was founded in 2006 and is based in Wheaton, Illinois. Tara Minerals Corp. is a subsidiary of Tara Gold Resources, Corp.
History:  INCORPORATED in Nevada May 12, 2006.
 
Subsidiaries:
American Metal Mining, S.A. de C.V.
 
 
 
 
  
 
 Management

 

Management
OfficersPosition
 Francis Richard Biscan, Jr.President & Chief Executive Officer
 David A. BizzaroChief Financial Officer & Chief Accounting Officer
 Angelica  RiosSecretary

Directors
 Francis Richard Biscan, Jr.
 Clifford A. Brown
 Ramiro Trevizo Ledezma
 
  
 
 Annual Report

 
Annual Report
 
Income Statement
  200920082008
Cost & exps.2,31582557
Oper. income as calculated(2,315)(82)(557)
Interest income40540
Other income29Nil750
Total income(2,246)(77)233
Depr. & amort.26521
Interest expense1,762----
Net income(4,034)(82)212
Share earns. basic($0.10)Nil$0.01
Share earns. diluted($0.10)Nil$0.01
Avge. com. shs. (Thou.)40,34837,71738,548
 
Balance Sheet
  20092008
Assets:
Cash & equiv.1,23021
Receivables436
Due from related parties439423
Recoverable taxes1,619591
Tot. curr. assets3,3311,041
Net property11,0874,368
Mining deposits25133
Goodwill12--
Other assets191
Total assets14,4745,543
Liabilities:
Due to related parties2,771816
Notes pay.946255
Accts. pay.1742
Accrued expenses18483
Tot. curr. liabs.3,9181,196
Notes pay.5,2741,512
Due to related parties--88
Minority int.1,608--
Stockholders' equity:
Com. stk. p.$0.0015138
Paid-in cap.9,8865,040
Retained earns.(6,123)(2,090)
Other stkhldrs. equity(140)(241)
Total liabs.14,4745,543
Common Shares (Thou.)51,03637,910
 
  
 
 Interim Report

 
Interim Report   
 
Data Not Available
 
 
 
 
  
 
 Pro Forma Report

 
Pro Forma Report   
 
Data Not Available
 
 
 
 
  
 
 Quarterly Report

 
Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2010   1Nil
  2009   1Nil
  2009   2Nil
  2009   3Nil
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4Nil
  2008   Full Year Nil
  2007   1Nil
  2007   2Nil
  2007   3Nil
  2007   4Nil
  2007   Full Year Nil
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2010   1(8,700,000)
  2009   2(670,000)
  2009   3(880,000)
  2009   4(2,320,000)
  2009   Full Year NM
  2008   Full Year 210,000
  2007   Full Year (2,200,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2010   1(.17)
  2009   1(.01)
  2009   2(.02)
  2009   3(.02)
  2009   4(.06)
  2009   Full Year (.10)
  2008   1(.01)
  2008   2Nil
  2008   3.02
  2008   4Nil
  2008   Full Year .01
  2007   1Nil
  2007   2(.04)
  2007   3(.01)
  2007   4(.02)
  2007   Full Year (.07)
 
  
 
 Stock Data

 
 
Capitalization as of 12/31/2009:
 
 Authorized SharesOutstanding Shares
Common $0.001 par75,000,00051,036,092
 
LONG TERM DEBT: $5,273,604.
 
Common $0.001 par
 
Stockholders:  03/31/2010, 56.
Transfer Agent:  Corporate Stock Transfer, Inc.   Denver , CO
 
OTC Bulletin Board( Primary): TARM
 
ExchangeYearHighLow
OTC Bulletin Board20091.79000.1000
OTC Bulletin Board20080.80000.0900
 
DIVIDENDS: Common $0.001 par: None.