Analyst Research Report Snapshot


Daleco Resources Corporation






07 Jul 2015





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Daleco Resources Corporation (Daleco) is a natural resources holding company. The company, through its subsidiaries, is engaged in the exploration, development and production of oil and gas properties; exploration for natural minerals; marketing and sales of minerals; and the marketing and sale of products utilizing the company’s minerals. Daleco operates in the US, where it is headquartered in West Chester, Pennsylvania and employs around four people. The company recorded revenues of $0.7 million in the fiscal year ended September 2013, an increase of 1.4% over 2012. The company's operating loss was $1.9 million in fiscal 2013, as compared to an operating loss of $1.2 million in 2012. Its net loss was $2.1 million in fiscal 2013, as compared to the net loss of $0.9 million in 2012.

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