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P2 Gold Inc. (V:PGLD)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 1100-355 Burrard Street
VANCOUVER BC V6C 2G8
Tel: N/A
Website: N/A
IR: N/A
Key People
Joseph J. Ovsenek
Chairman of the Board, President, Chief Executive Officer
Grant Bond
Chief Financial Officer
Michelle A. Romero
Executive Vice President, Director
Kenneth C. Mcnaughton
Chief Exploration Officer, Director
   
Business Overview
P2 Gold Inc. is a mineral exploration and development company. The Company is focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia. It owns the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada. It also holds interests in two properties located in northwest BC, the BAM Project, and the Silver Reef Property, and one property located in southeast Oregon, the Lost Cabin Property. The Gabbs Project is located in the Fairplay Mining District, south-southwest of the town of Gabbs, Nye County, Nevada. The Gabbs Project consists of approximately 543 federal unpatented lode claims and one patented lode claim which comprises an approximately 45.0 square kilometers (km2) (17.5 mi2) contiguous claim block. The Silver Reef Property covers an area of over 23,000 hectares approximately 85 kilometers north of Hazelton, British Columbia and to the east of the Golden Triangle.
Financial Overview
For the fiscal year ended 31 December 2023, P2 Gold Inc revenues was not reported. Net loss decreased 66% to C$4.5M. Lower net loss reflects Exploration and evaluation expenditures decrease of 61% to C$4.4M (expense), Gain on modification/extinguishment of a increase from C$729K to C$2.1M (income), Int exp on Financial Lease Liabilities decrease of 99% to C$7K (expense).
Employees: 4 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $18.24M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$6.85M as of Dec 31, 2023
Net annual income (TTM): -$4.46M as of Dec 31, 2023
Free cash flow (TTM): -$4.70M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.50M as of Dec 31, 2023
Shares outstanding: 118,353,782 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization