Annuncio • Oct 24
Pure Gold Mining Inc. Ordinary Shares to Be Deleted from OTC Equity Pure Gold Mining Inc. Ordinary Shares (Canada) will be deleted from OTC Equity effective October 23, 2024, due to Inactive Security. Annuncio • Jun 08
Pure Gold Announces Delisting from NEX Board of the TSX Venture Exchange Pure Gold Mining Inc. announced that its ordinary shares ("Shares") listed on the NEX Board of the TSX Venture Exchange (the "NEX") will be delisted at the close of markets on June 9, 2023 (Delisting), pursuant to a voluntary delisting application made by the Company to the NEX. The NEX will issue a bulletin confirming the Delisting on June 8, 2023. The Delisting is taking place to facilitate the sale of the Company's issued and outstanding Shares (the "Transaction") to West Red Lake Gold Mines Inc. ("West Red Lake") pursuant to an Approval and Reverse Vesting Order in the Company's ongoing proceedings under the Companies' Creditors Arrangement Act (the "CCAA Proceedings"). Annuncio • Jan 25
Pure Gold Files Notice of Intent to Delist from London Stock Exchange Pure Gold Mining Inc. announced that an application has been made to the Financial Conduct Authority (‘FCA’), to cancel the listing of its ordinary shares (‘Shares’) on the standard segment of the Official List of the FCA, and to request the London Stock Exchange (‘LSE’) to cancel the admission to trading of the Shares on the main market for listed securities of the LSE (together, the ‘Cancellation of the London Listing’). Pursuant to Listing Rule 5.2.8, the Company is required to give at least twenty business days' notice of the intended Cancellation of the London Listing. Therefore, the Company expects the Cancellation of the London Listing to be effective from 8.00 am GMT on February 21, 2023 such that the last date of trading of the Shares would be February 20, 2023. The expected Cancelation of the London Listing will not affect the Company's primary listing on the NEX Board of the TSX Venture Exchange under the trading symbol PGM.H. Buying Opportunity • Oct 08
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be €0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 117% over the last 3 years. Earnings per share has declined by 21%. Reported Earnings • Aug 18
Second quarter 2022 earnings released: CA$0.035 loss per share (vs CA$0.039 loss in 2Q 2021) Second quarter 2022 results: CA$0.035 loss per share. Revenue: CA$8.54m (down 43% from 2Q 2021). Net loss: CA$20.4m (loss widened 29% from 2Q 2021). Over the next year, revenue is forecast to grow 218%, compared to a 21% growth forecast for the Metals and Mining industry in Germany. Breakeven Date Change • Apr 27
Forecast to breakeven in 2023 The 7 analysts covering Pure Gold Mining expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CA$30.0m in 2023. Average annual earnings growth of 74% is required to achieve expected profit on schedule. Recent Insider Transactions • Dec 17
Independent Director recently sold €74k worth of stock On the 8th of December, Mark O'Dea sold around 150k shares on-market at roughly €0.50 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €323k more than they sold in the last 12 months. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Executive Departure • Nov 26
Vice President of Operations Kenneth Donner has left the company On the 13th of November, Kenneth Donner's tenure as Vice President of Operations ended after 5.1 years in the role. As of September 2021, Kenneth still personally held 158.00k shares (€98k worth at the time). Kenneth is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.50 years. Recent Insider Transactions • Sep 11
Insider recently bought €68k worth of stock On the 8th of September, Christopher Haubrich bought around 100k shares on-market at roughly €0.68 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €857k more in shares than they bought in the last 12 months. Recent Insider Transactions • May 07
Independent Director recently bought €404k worth of stock On the 5th of May, Mark O'Dea bought around 391k shares on-market at roughly €1.03 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €959k more in shares than they bought in the last 12 months. Is New 90 Day High Low • Feb 12
New 90-day low: €1.34 The company is down 9.0% from its price of €1.47 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 61% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.77 per share. Recent Insider Transactions • Feb 05
Independent Director recently sold €71k worth of stock On the 29th of January, Mark O'Dea sold around 50k shares on-market at roughly €1.42 per share. In the last 3 months, they made an even bigger sale worth €526k. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. Is New 90 Day High Low • Jan 19
New 90-day low: €1.38 The company is down 4.0% from its price of €1.44 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 52% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.09 per share. Recent Insider Transactions • Dec 24
Independent Director recently sold €526k worth of stock On the 18th of December, Mark O'Dea sold around 715k shares on-market at roughly €0.74 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.8m more than they bought in the last 12 months. Is New 90 Day High Low • Dec 12
New 90-day high: €1.84 The company is up 7.0% from its price of €1.72 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.01 per share. Recent Insider Transactions • Dec 04
Independent Director recently sold €149k worth of stock On the 1st of December, Robert Bruce Pease sold around 100k shares on-market at roughly €1.49 per share. In the last 3 months, there was an even bigger sale from another insider worth €434k. Insiders have been net sellers, collectively disposing of €1.3m more than they bought in the last 12 months. Recent Insider Transactions • Nov 22
Independent Director recently sold €434k worth of stock On the 20th of November, Lenard Boggio sold around 300k shares on-market at roughly €1.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Annuncio • Oct 15
Pure Gold Mining Inc. to Report Q4, 2020 Results on Feb 17, 2021 Pure Gold Mining Inc. announced that they will report Q4, 2020 results at 8:00 AM, Pacific Standard Time on Feb 17, 2021 Annuncio • Aug 18
Pure Gold Mining Inc. Resumes Operations at Site Pure Gold Mining Inc. reported that the forest fire which had been active in the area south of the town of Red Lake is now under control and the evacuation order for the municipality of Red Lake has been rescinded. Power and access has been restored to site and the Company is transitioning to a full resumption of mine activities. Both surface and underground inspections have been completed and confirm that there is no damage to infrastructure or equipment at the mine site. The temporary shut down had no material impact on development schedule with first gold pour expected in fourth quarter 2020. Annuncio • Jun 19
Pure Gold Mining Inc. announced that it has received CAD 15 million in funding On June 17, 2020, Pure Gold Mining Inc. (TSXV:PGM) closed the transaction.