Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Precipitate Gold Corp. (V:PRG)

Business Focus: Gold Mining

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