Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Premier Gold Mines Limited (T:PG)

Business Focus: Gold

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 1113 JADE COURT, SUITE 401
Tel: 1-888-3461390
IR: See website
Key People
John A. Begeman
Executive Chairman of the Board
Ewan Stewart Downie
President, Chief Executive Officer, Director
Steven John Filipovic
Chief Financial Officer
Stephen John McGibbon
Executive Vice President - Corporate and Project Development
Brent Kristof
Senior Vice President - Operations
Kerri Chaboyer-Jean
Vice President - Finance
Matthew Gollat
Vice President - Business Development
Shaun Drake
Business Overview
Premier Gold Mines Limited (Premier) is a Canada-based mineral exploration company focused on exploring for and developing gold deposits within North America. The principal projects in which Premier holds an interest are the Trans-Canada Property, which includes the Hardrock project and the Brookbank project; McCoy-Cove Project, Lander County, Nevada, and South Arturo Mine, Elko County, Nevada. The Trans-Canada Property is located in northern Ontario, Canada, approximately 200 kilometers northeast of Thunder Bay, and consists of three contiguous blocks comprising over 360 patented mining claims and 676 unpatented mining claims covering an aggregate area of over 28,550.64 hectares. The Cove Project is located in Lander County in north-central Nevada within the Battle Mountain-Eureka mineral trend sitting within the Fish Creek Range, approximately 32 miles south-west of the town of Battle Mountain. The South Arturo Mine is located approximately 48 kilometers northwest of Carlin, Nevada.
Financial Overview
For the nine months ended 30 September 2019, Premier Gold Mines Ltd. revenues decreased 31% to $64.9M. Net loss increased 31% to $15.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Gain / (loss) on derivatives decrease from $943K (income) to $3.4M (expense), Professional Fees increase from $760K to $2.4M (expense).
Employees: 520 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $302.27M as of Sep 30, 2019
Annual revenue (TTM): $111.31M as of Sep 30, 2019
EBITDA (TTM): -$12.93M as of Sep 30, 2019
Net annual income (TTM): -$31.49M as of Sep 30, 2019
Free cash flow (TTM): -$68.90M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 211,960,482 as of Jan 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization