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Plato Gold Corp. (V:PGC)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 1240 Bay Street, Suite 800
TORONTO ON M5R 2A7
Tel: 1-416-968-0608
Website: https://www.platogold.com
IR: See website
Key People
Anthony J. Cohen
President, Chief Executive Officer, Director
Greg K. W. Wong
Chief Financial Officer, Corporate Secretary
 
Business Overview
Plato Gold Corp. is a Canadian exploration company with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina. The Timmins Ontario project includes four properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold. In Argentina, the Company owns a 95% interest in Winnipeg Minerals S.A. that holds a number of contiguous mineral rights totaling 9,672 hectares (ha) with the potential for gold and silver. Its Good Hope Niobium Project consists of 5,146 ha in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon, Ontario, with the primary target being the niobium. Its Pic River Platinum Group Metals (PGM) Project consists of about 2,247 ha in Foxtrap Lake and Grain Township, 21 kilometer (km) northwest of Marathon, Ontario, of which 19 claims are contiguous to the western boundary of Generation Mining Limited's Marathon Palladium-Copper Project. It also operates the Lolita Project.
Financial Overview
For the nine months ended 30 September 2023, Plato Gold Corp revenues was not reported. Net loss decreased 22% to C$163K. Lower net loss reflects Write-down of mineral properties decrease of 80% to C$17K (expense), Fair value adjustment on portfolio inves decrease of 80% to C$13K (expense), Professional Fees decrease of 8% to C$81K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $4.51M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$0.17M as of Sep 30, 2023
Net annual income (TTM): -$0.19M as of Sep 30, 2023
Free cash flow (TTM): -$0.17M as of Sep 30, 2023
Net Debt Last Fiscal Year: $0.02M as of Sep 30, 2023
Shares outstanding: 228,665,717 as of Jan 23, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization