Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 1100-355 Burrard Street VANCOUVER BC V6C 2G8 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Joseph J. Ovsenek Chairman of the Board, President, Chief Executive Officer | Grant Bond Chief Financial Officer | Michelle A. Romero Executive Vice President, Director | Kenneth C. Mcnaughton Chief Exploration Officer, Director |
Business Overview |
P2 Gold Inc. is a mineral exploration and development company. The Company is focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia. It owns the Gabbs Project located on the Walker-Lane Trend in the Fairplay Mining District of Nye County, Nevada. It also holds interests in two properties located in northwest BC, the BAM Project, and the Silver Reef Property, and one property located in southeast Oregon, the Lost Cabin Property. The Gabbs Project is located in the Fairplay Mining District, south-southwest of the town of Gabbs, Nye County, Nevada. The Gabbs Project consists of approximately 543 federal unpatented lode claims and one patented lode claim which comprises an approximately 45.0 square kilometers (km2) (17.5 mi2) contiguous claim block. The Silver Reef Property covers an area of over 23,000 hectares approximately 85 kilometers north of Hazelton, British Columbia and to the east of the Golden Triangle. |
Financial Overview |
For the fiscal year ended 31 December 2023, P2 Gold Inc revenues was not reported. Net loss decreased 66% to C$4.5M. Lower net loss reflects Exploration and evaluation expenditures decrease of 61% to C$4.4M (expense), Gain on modification/extinguishment of a increase from C$729K to C$2.1M (income), Int exp on Financial Lease Liabilities decrease of 99% to C$7K (expense). |
Employees: | 4 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $17.02M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$6.85M as of Dec 31, 2023 |
Net annual income (TTM): | -$4.46M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.70M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $0.50M as of Dec 31, 2023 |
Shares outstanding: | 118,353,782 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |