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 |