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Probe Gold Inc. (T:PRB)

Business Focus: Gold Mining

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