Pure Gold Mining (DB:L11A) - Stock Price, News & Analysis

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

L11A Stock Overview

Pure Gold Mining Inc. engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. More details

L11A fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Has less than 1 year of cash runway

Earnings have declined by 19.5% per year over past 5 years

Does not have a meaningful market cap (€9M)

+ 1 more risk

Pure Gold Mining Inc. Competitors

Mandrake Resources

ASX:MAN

AU$15.4m

Bio-Gate

DB:BIG1

€6.3m

Metals Australia

ASX:MLS

AU$20.4m

Savannah Goldfields

ASX:SVG

AU$6.2m

Price History & Performance

Summary of all time highs, changes and price drops for Pure Gold Mining
Historical stock prices
Current Share Price	CA$0.0055
52 Week High	CA$0.22
52 Week Low	CA$0.0015
Beta	0.92
11 Month Change	0%
3 Month Change	0%
1 Year Change	-96.21%
33 Year Change	-99.36%
5 Year Change	-98.63%
Change since IPO	-98.69%

Recent updates

Shareholder Returns

	L11A	DE Metals and Mining	DE Market
7D	0%	1.3%	0.2%
1Y	-96.2%	-26.6%	8.5%

Return vs Industry: L11A underperformed the German Metals and Mining industry which returned 1.7% over the past year.

Return vs Market: L11A underperformed the German Market which returned 5.9% over the past year.

Price Volatility

Is L11A's price volatile compared to industry and market?
L11A volatility
L11A Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.3%

Stable Share Price: L11A's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine L11A's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	350	n/a	www.puregoldmining.ca

Pure Gold Mining Inc. engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. Its principal property is the PureGold Mine project comprises 251 mining leases, mining patents, and unpatented mining claims covering an area of approximately 4,648 hectares located near Red Lake, Ontario. The company is headquartered in Vancouver, Canada.

Pure Gold Mining Inc. Fundamentals Summary

How do Pure Gold Mining's earnings and revenue compare to its market cap?
L11A fundamental statistics
Market cap	€6.51m
Earnings (TTM)	-€49.82m
Revenue (TTM)	€26.38m

0.2x

P/S Ratio

-0.1x

P/E Ratio

Is L11A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
L11A income statement (TTM)
Revenue	CA$38.39m
Cost of Revenue	CA$75.27m
Gross Profit	-CA$36.88m
Other Expenses	CA$35.64m
Earnings	-CA$72.52m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.099
Gross Margin	-96.06%
Net Profit Margin	-188.89%
Debt/Equity Ratio	488.1%

How did L11A perform over the long term?

See historical performance and comparison

This company listing is no longer active

L11A Stock Overview

Risk Analysis

Pure Gold Mining Inc. Competitors

ASX:MAN

AU$15.4m

DB:BIG1

€6.3m

ASX:MLS

AU$20.4m

ASX:SVG

AU$6.2m

Price History & Performance

Recent News & Updates

Pure Gold Mining Inc. Ordinary Shares to Be Deleted from OTC Equity

Pure Gold Announces Delisting from NEX Board of the TSX Venture Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Mining Inc. Announces Transfer of Listing from the TSX-V to the NEX

Recent updates

Pure Gold Mining Inc. Ordinary Shares to Be Deleted from OTC Equity

Pure Gold Announces Delisting from NEX Board of the TSX Venture Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Files Notice of Intent to Delist from London Stock Exchange

Pure Gold Mining Inc. Announces Transfer of Listing from the TSX-V to the NEX

Pure Gold Mining Inc.(TSXV:PGM) dropped from S&P/TSX Venture Composite Index

Now 24% undervalued after recent price drop

Pure Gold Mining Inc. Provides Production Guidance for the Puregold Mine for the Fourth Quarter of 2022

Pure Gold Mining Inc. Announces Technical Report with Updated Mineral Resource

Pure Gold Mining Inc. Reaffirms Production Guidance for the Third Quarter of 2022

Second quarter 2022 earnings released: CA$0.035 loss per share (vs CA$0.039 loss in 2Q 2021)

Pure Gold Mining Inc. Provides Production Guidance for the Third Quarter of 2022

Pure Gold Mining Inc. Updates Mineral Resource Estimate

Pure Gold Mining Inc., Annual General Meeting, Sep 20, 2022

Pure Gold Mining Inc. announced that it has received CAD 31.086144 million in funding from 2176423 Ontario Ltd., AngloGold Ashanti Limited

Pure Gold Mining Inc. announced that it expects to receive CAD 30 million in funding

Forecast to breakeven in 2023

Pure Gold Mining Inc. Announces Mark O'Dea as Interim President

Pure Gold Mining Inc. Learns of Notice of Civil Claim and Denies Allegations

Pure Gold Mining Inc. Provides Production Guidance for the First Half of 2022

Pure Gold Mining Inc. Announces Key Senior Management Appointments

Pure Gold Mining Inc. Provides Updates on Drilling Confirms High Grades in Upcoming Stopes

Pure Gold Mining Inc. Provides Puregold Mine Update

Pure Gold Mining Inc. Provides Production Guidance for the First Quarter of 2022

Independent Director recently sold €74k worth of stock

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Vice President of Operations Kenneth Donner has left the company

Insider recently bought €68k worth of stock

Pure Gold Mining Inc. Provides Production Guidance for the Second Half of 2021

Pure Gold Mining Inc. Announces Milestone Second Quarter and Provides Underground Drilling and 8-Zone Updates as Ramp-Up Nears Completion

Pure Gold Mining Inc. Provides Operations and Underground Drilling Update, Including Drill Results At Its High-Grade Puregold Mine in Red Lake, Ontario

Pure Gold Mining Inc. Provides an Operations Update for Its High-Grade Puregold Mine in Red Lake, Ontario

Independent Director recently bought €404k worth of stock

Pure Gold Mining Inc. has completed a Follow-on Equity Offering in the amount of CAD 14.999968 million.

Pure Gold Mining Inc. Surface Exploration Drilling Intersects High Grade Gold at Three Targets Near PureGold Mine

Pure Gold Mining Inc. Ramp-Up Progressing Steadily

New 90-day low: €1.34

Independent Director recently sold €71k worth of stock

New 90-day low: €1.38

Pure Gold Mining Inc. Appoints Chris Haubrich as Vice President, Business Development

Pure Gold Mining Inc. Announces First Gold Has Been Poured At High-Grade Puregold Mine, in Red Lake, Ontario

Independent Director recently sold €526k worth of stock

Pure Gold Mining Inc. Announces a Major Milestone with First Ore Introduced to the Mill At the Company's High-Grade Puregold Mine, in Red Lake, Ontario

New 90-day high: €1.84

Underground Drilling Intersects 23.4 g/t Gold Over 2.9 Metres, Including 50.1 g/t Gold Over 1.0 Metre at the PureGold Mine

Independent Director recently sold €149k worth of stock

Independent Director recently sold €434k worth of stock

Pure Gold Mining Inc. Announces Ongoing Surface Exploration Drilling Near the Puregold Mine

Pure Gold Mining Inc. to Report Q3, 2021 Results on Nov 10, 2021

Pure Gold Mining Inc. Resumes Operations at Site

Shareholder Returns

Price Volatility