Standard Metals Processing Inc. (“we,” “us,” “our,” “Standard Metals” or the “Company”) is an exploration stage company having offices in Gadsden, Alabama and, through its subsidiary, a property in Tonopah, Nevada. Our business plan is to purchase equipment and build a facility on our Tonopah property to serve as a permitted custom processing toll milling facility (which includes an analytical lab, pyro-metallurgical plant, and hydro-metallurgical recovery plant).
Company profile
Ticker
ACRG
Exchange
CEO
J. Bryan Read
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PRINCETON ACQUISITIONS INC, Standard Gold, Standard Gold Holdings, Inc., Standard Metals Processing, Inc.
SEC CIK
Corporate docs
IRS number
840991764
ACRG stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
26 Mar 24
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
15 Nov 23
8-K
Other Events
21 Sep 23
8-K
Other Events
19 Sep 23
8-K
Entry into a Material Definitive Agreement
14 Sep 23
8-K
Departure of Directors or Certain Officers
12 Sep 23
10-Q
2023 Q2
Quarterly report
23 Aug 23
NT 10-Q
Notice of late quarterly filing
14 Aug 23
8-K
Other Events
13 Jun 23
Latest ownership filings
3
Initial statement of insider ownership
5 Oct 23
SC 13D/A
Granite Peak Resources, LLC
17 Aug 23
4
Change in insider ownership
16 Aug 23
4
Change in insider ownership
8 Aug 23
4
Change in insider ownership
15 Apr 21
4
Change in insider ownership
30 Dec 19
4
Sharon Ullman
1 Apr 19
4
Change in insider ownership
1 Apr 19
3
Initial statement of insider ownership
29 Mar 19
SC 13D
Beneficial ownership report
29 Mar 19
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.17 k | 1.17 k | 1.17 k | 1.17 k | 1.17 k | 1.17 k |
Cash burn (monthly) | (no burn) | (no burn) | 99.77 k | 64.87 k | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 594.18 k | 386.34 k | n/a | n/a |
Cash remaining | n/a | n/a | -593.01 k | -385.17 k | n/a | n/a |
Runway (months of cash) | n/a | n/a | -5.9 | -5.9 | n/a | n/a |
Institutional ownership, Q3 2021
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Aug 23 | Granite Peak Resources | Common Stock | Sell | Acquire S | No | No | 5 | 82,659 | 413.30 k | 11,731,991 |
15 Aug 23 | Granite Peak Resources | Common Stock | Conversion | Acquire C | No | No | 1.05 | 5,244,230 | 5.51 mm | 11,649,332 |
15 Aug 23 | Granite Peak Resources | Convertible Line of Credit Common Stock | Dispose X | No | No | 1.05 | 5,244,230 | 5.51 mm | 0 | |
7 Aug 23 | Granite Peak Resources | Common Stock | Conversion | Acquire C | No | No | 1.05 | 5,000,000 | 5.25 mm | 6,405,102 |
7 Aug 23 | Granite Peak Resources | Convertible Line of Credit Common Stock | Dispose X | No | No | 1.05 | 5,000,000 | 5.25 mm | 4,989,659 |