Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 56 Temperance Street, Suite 1000 TORONTO ON M5H 3V5 |
Tel: | 1-416-7779467 |
Website: | https://probegold.com |
IR: | See website |
Key People | ||
David Alexander Palmer President, Chief Executive Officer, Director | Patrick Langlois Chief Financial Officer, Vice President - Corporate Development | Yves Dessureault Chief Operating Officer | Marco Gagnon Executive Vice President |
Business Overview |
Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld's Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns McKenzie Break and Beaufor properties. |
Financial Overview |
For the fiscal year ended 31 December 2023, Probe Gold Inc revenues was not reported. Net loss decreased 15% to C$25.4M. Lower net loss reflects Exploration and evaluation expenditures decrease of 12% to C$24.2M (expense), Unrealized (loss) gain on marketable sec increase from C$566K (expense) to C$752K (income), Realized gain on sale of marketable secu increase from C$0K to C$475K (income). |
Employees: | 23 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $238.79M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$30.47M as of Dec 31, 2023 |
Net annual income (TTM): | -$25.40M as of Dec 31, 2023 |
Free cash flow (TTM): | -$24.44M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 170,966,371 as of Apr 4, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |