Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

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 100% interest in the Croinor Property located in Val-d’Or, Quebec.

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Probe Gold Inc

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Post by JuniorMiner2014on Dec 27, 2024 2:41pm

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Post# 36378720

That is a lot of Stars!

Probe Gold

Simply Wall St Financial Health Rating:

Overview: Probe Gold Inc. is a precious metal exploration company focused on acquiring, exploring, and developing gold properties in Canada, with a market cap of CA$307.95 million.

Operations: Probe Gold Inc. does not report any revenue segments as it is primarily engaged in the exploration and development of gold properties in Canada.
Market Cap: CA$307.95M

Probe Gold Inc., with a market cap of CA$307.95 million, remains pre-revenue as it focuses on gold exploration and development in Canada. The company is debt-free and its short-term assets exceed both short-term and long-term liabilities, indicating solid financial management despite ongoing losses. Recent strategic moves include acquiring the Bermont Claims to expand its Novador Development Project, highlighting potential for resource growth. Probe's seasoned management team continues to advance environmental studies crucial for project permitting, while maintaining active stakeholder engagement to secure social license for operations. However, shareholder dilution has occurred over the past year as part of financing activities.