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Pan Global Resources Inc. (V:PGZ)

Business Focus: Specialty Mining & Metals (NEC)

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: 355 Burrard Street, Suite 1150
VANCOUVER BC V6C 2G8
Tel: 1-778-3727101
Website: https://www.panglobalresources.com
IR: See website
Key People
Timothy Charles Moody
President, Chief Executive Officer, Director
Andrew Marshall
Chief Financial Officer, Senior Vice President
Jason Mercier
Vice President of Investor Relations and Communications
Jim Royall
Vice President - Exploration
   
Business Overview
Pan Global Resources Inc. is a Canada-based mineral exploration company. The Company is focused on the discovery of copper, tin, and other metal deposits in southern Spain. The Company's flagship project is the Escacena Copper Project (the Escacena Project or Escacena) located in the Iberian Pyrite Belt, near Seville in Andalucia, which is the volcanic-hosted massive sulphide district. Escacena covers an area of approximately 5,800 hectares. The Escacena Project covers several large gravity anomalies, including the Canada Honda and La Romana targets. In addition, the Company is actively exploring the Aguilas Copper Project (the Aguilas Project or Aguilas), near Cordoba in northern Andalucia, which covers an area of approximately 16,000 hectares. The Aguilas Project includes over nine Investigation Permits. The Company's business activities include the acquisition of additional mineral rights in Spain for the purpose of further mineral exploration.
Financial Overview
For the nine months ended 31 October 2023, Pan Global Resources Inc revenues was not reported. Net loss increased 20% to C$8.6M. Higher net loss reflects Share-based compensation increase from C$131K to C$1M (expense), Exploration expenditures increase of 7% to C$6.2M (expense), Investor relations increase of 62% to C$545K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.03 to -C$0.04.
Reporting Currency: Canadian Dollars
Enterprise value: $44.58M as of Oct 31, 2023
Annual revenue (TTM): $0.00M as of Oct 31, 2023
EBITDA (TTM): -$11.92M as of Oct 31, 2023
Net annual income (TTM): -$11.60M as of Oct 31, 2023
Free cash flow (TTM): -$10.23M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 243,000,000 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization