Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 625 Howe Street, Suite 580 VANCOUVER BC V6C 2T6 |
Tel: | N/A |
Website: | https://www.precipitategold.com |
IR: | See website |
Key People | ||
Jeffrey R. Wilson President, Chief Executive Officer, Director | Stephen Sulis Chief Financial Officer | Michael P. Moore Vice President- Exploration, Corporate Secretary |
Business Overview |
Precipitate Gold Corp. is a Canada-based mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic. The Company's gold exploration projects include Pueblo Grande, Juan de Herrera and Ponton, which cover a combined area of approximately 23,061 hectares. The Company owns a 100% interest in the Pueblo Grande Project, which surrounds the high sulphidation epithermal Pueblo Viejo gold mine on the west, north and east sides. The Company, through its subsidiary, 0945044 BC Ltd., has 100% ownership of the Juan de Herrera Project, which is located within the prospective Tireo Gold Trend of western Dominican Republic, directly adjoining GoldQuest Mining Corp on the south and west sides of its Tireo Gold Project. The Ponton Project, located approximately 25 kilometers east of Pueblo Grande, is an early-stage gold epithermal exploration target hosted in similar Los Ranchos Formation volcanic rocks as found at Barrick's Pueblo Viejo. |
Financial Overview |
For the fiscal year ended 30 November 2023, Precipitate Gold Corp revenues was not reported. Net income decreased 77% to C$359K. Net income was partially offset by Other Non Rec. I/E - Non Business Activ. decrease from C$5.6M (income) to C$0K, Recovery of flow through premium decrease from C$159K (income) to C$0K, Property investigation costs increase from C$6K to C$161K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $3.05M as of Nov 30, 2023 |
Annual revenue (TTM): | $0.00M as of Nov 30, 2023 |
EBITDA (TTM): | -$1.14M as of Nov 30, 2023 |
Net annual income (TTM): | $0.36M as of Nov 30, 2023 |
Free cash flow (TTM): | -$1.20M as of Nov 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 130,366,808 as of Nov 30, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |