Probe Gold (DB:V46) - Stock Price, News & Analysis

V46 Stock Overview

A precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. More details

V46 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings are forecast to decline by an average of 1.2% per year for the next 3 years

Makes less than USD$1m in revenue (CA$0)

Shareholders have been diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk

Probe Gold Inc. Competitors

Pearl Gold

DB:02P

€9.5m

Eisen- und Hüttenwerke

DB:EIS

€202.4m

Greenland Resources

DB:M0LY

€66.4m

Uzin Utz

XTRA:UZU

€247.2m

Price History & Performance

Summary of all time highs, changes and price drops for Probe Gold
Historical stock prices
Current Share Price	CA$1.03
52 Week High	CA$1.25
52 Week Low	CA$0.71
Beta	1.78
11 Month Change	-3.74%
3 Month Change	21.18%
1 Year Change	0%
33 Year Change	-21.37%
5 Year Change	58.46%
Change since IPO	281.48%

Recent updates

Shareholder Returns

	V46	DE Metals and Mining	DE Market
7D	1.0%	-0.9%	1.5%
1Y	0%	-25.7%	8.8%

Return vs Industry: V46 exceeded the German Metals and Mining industry which returned -26.2% over the past year.

Return vs Market: V46 underperformed the German Market which returned 7.8% over the past year.

Price Volatility

Is V46's price volatile compared to industry and market?
V46 volatility
V46 Average Weekly Movement	8.0%
Metals and Mining Industry Average Movement	11.8%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: V46's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: V46's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2015	23	David Alexander Palmer	probegold.com

Probe Gold Inc., a precious metal exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. Its flagship asset is its 100%-owned Novador property comprising 436 square kilometers, which includes the Monique, Pascalis, and Courvan trends and their deposits located in the city of Val-d'Or, Quebec. The company was formerly known as Probe Metals Inc. and changed its name to Probe Gold Inc. in January 2023.

Probe Gold Inc. Fundamentals Summary

How do Probe Gold's earnings and revenue compare to its market cap?
V46 fundamental statistics
Market cap	€189.08m
Earnings (TTM)	-€17.71m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-10.7x

P/E Ratio

Is V46 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
V46 income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$26.13m
Earnings	-CA$26.13m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did V46 perform over the long term?

See historical performance and comparison

V46 Stock Overview

Risk Analysis

Probe Gold Inc. Competitors

DB:02P

€9.5m

DB:EIS

€202.4m

DB:M0LY

€66.4m

XTRA:UZU

€247.2m

Price History & Performance

Recent News & Updates

Probe Gold Inc. Commences Infill Drill Program at Novador Project, Quebec

New major risk - Revenue and earnings growth

Probe Gold Inc. Announces the Release of the Updated Mineral Resource Estimate for Its Val-D'or Properties in Quebec Incorporates Results from the 2023 and 2024 Drilling Programs

Probe Gold Intersects High-Grade Gold in Drilling At the Beaufor Gold Deposit, Novador Project, Quebec

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Recent updates

Probe Gold Inc. Commences Infill Drill Program at Novador Project, Quebec

New major risk - Revenue and earnings growth

Probe Gold Inc. Announces the Release of the Updated Mineral Resource Estimate for Its Val-D'or Properties in Quebec Incorporates Results from the 2023 and 2024 Drilling Programs

Probe Gold Intersects High-Grade Gold in Drilling At the Beaufor Gold Deposit, Novador Project, Quebec

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Probe Gold Inc. Provides Last Set of Results from the Monique Resource Drill Program Completed This April on Its 100%-Owned Novador Property Near Val-d’Or, Quebec

Probe Gold Inc. Provides the Results from the December 2023 Drill Program on Its 100%-Owned Croinor Gold Property Located Near Val-D'or, Quebec

Probe Gold Inc. Provides Summer Exploration Plans for Detour Quebec Properties

Probe Gold Inc. announced that it has received CAD 18.003589 million in funding

Probe Gold Inc. announced that it expects to receive CAD 15.00279 million in funding

New major risk - Revenue and earnings growth

Probe Gold Inc. Advances Environmental Permitting for Novador Project

Probe Gold Intersects 23.1 g/t Au over 3.1 Metres in Infill Drilling At the Monique Deposit, Novador Project, Quebec

New major risk - Financial position

Probe Gold Inc. (TSX:PRB) completed the acquisition of McKenzie and Beaufor Properties in Val-dOr, Quebec from Monarch Mining Corporation (OTCPK:GBAR.F) for CAD 7.9 million.

Probe Gold Inc., Annual General Meeting, Jun 11, 2024

Probe Gold Inc. Appoints Shannon McCrae to Its Board of Directors

Probe Gold Announces Updated PEA for Novador Project, Quebec

Probe Gold Inc. Provides New Results from its 2023 Drilling Program Completed on the La Peltrie Project

Probe Gold Inc. announced that it has received CAD 9.99988 million in funding

Probe Gold Inc. announced that it expects to receive CAD 9.99988 million in funding

New minor risk - Share price stability

New major risk - Financial position

Probe Gold Intersects 6.4 G/T Au (cut) over 18.3 Metres At the Monique Deposit, Novador Project, Quebec

Probe Gold Commences Drilling Program on Its Croinor Gold Property, Val-D'or, Quebec

New minor risk - Financial position

Probe Gold Inc. Commences Environmental Permitting for Novador Project

Probe Gold Inc. Provides the Second Set of Results from the 2023 Monique Drill Program on Its 100%-Owned Novador Property Located Near Val-D'or, Quebec

Less than half of directors are independent

Probe Gold Inc. Provides the First Set of Results from the 2023 Monique Deposit Drill Program on Its 100%-Owned Novador Property

Probe Gold Inc. (TSX:PRB) acquired Croinor Gold Property in Val-d’Or, Quebec, Canada from Monarch Mining Corporation for CAD 4.5 million.

Probe Gold Begins Summer Drilling Program on Its Detour Quebec Project

Probe Gold Inc. Announces Release of Updated Mineral Resource Estimate for its Val-d’Or Project Properties Located Near Val-d’Or, Quebec

Probe Gold Inc. (TSX:PRB) entered into a definitive agreement to acquire Croinor Gold Property in Val-d’Or, Quebec, Canada for CAD 4.5 million.

Probe Gold Inc. Provides Update on Quebec Wildfire Situation

Basil Haymann, Gord Mccreary, and Marco Gagnon Do Not Stand for Re-Election to the Board of Probe Gold Inc

Probe Gold Inc. Provides the Final Set of Results from the 2022 Courvan Gold Trend Resource Drill Program on its 100%-Owned Novador Property Located Near Val-d'Or, Quebec

Probe Gold Reports Large Gold Intercepts, Grading Up to 1.1 G/T Au over 113.5 Metres, in Infill Drilling At Courvan Southwest Deposit, Novador Project, Quebec

Director recently bought €148k worth of stock

Insufficient new directors

Probe Gold Inc. Provides the Exploration Plan for 2023 and an Update on the Progress of Exploration Activities At Its Novador and Detour Quebec Gold Projects Located in the Two Largest Gold Camps in Quebec’S Abitibi Greenstone Belt

Probe Gold Inc.(TSXV:PRB) dropped from S&P/TSX Venture Composite Index

Probe Gold Inc. Provides an Update on Monique Property, Part of the Novador Project

Probe Metals Inc Intersects 4.9 G/T Au (Cut) over 22.9 Metres in Expansion Drilling At Monique, Val-D’Or East Project

Probe Metals and Midland Exploration Inc. Discover A Large Copper-Gold-Silver-Molybdenum System on La Peltrie Option Property, Detour Project

Probe Metals Inc. Provides Further Results from the 2022 Drill Program on Its 100%- Owned Val-d'Or East Monique Property (The "Property") Located Near Val-D'or, Quebec

Probe Metals Inc. Provides Infill Drilling Returns Significant New Intersections, Including Up to 15.1 G/T Au over 7.4 Metres (Cut), At Monique, Val-D’Or East Project

Probe Metals Inc. Infill Drilling Confirms Strong Continuity of Resource, Including Intercepts of Up to 3.4G/T Au over 25.3 Metres At Monique, Val-D’Or East Project

Probe Metals Inc. Intersects 4.4 G/T Au over 15.4 Metres in Expansion Drilling At Monique, Val-D’Or East Project

Probe Metals Continues to Expand Gold Zones At Monique Trend, Val-D’Or East Project

Probe Metals Inc. announced that it has received CAD 10.5 million in funding from a group of investors

Probe Metals Inc. announced that it expects to receive CAD 9.287374 million in funding

Probe Metals Inc. Announces That It Will Be Commencing A 10,000-Metre Drilling Program to Test New High-Priority Gold Targets on Its Detour Quebec Project

Probe Metals Inc. Provides the First Set of Results from the 2022 Drill Program on Val-D’Or East Monique Property

Probe Metals Inc. Provides Last Set of Results from the 2021 Drill Program on its 100%-Owned Val-d’Or East Monique Property

Probe Metals Inc., Annual General Meeting, Jun 16, 2022

Probe Metals Inc. announced that it has received CAD 20.77 million in funding

Probe Metals Inc. announced that it expects to receive CAD 15.004 million in funding

Probe Metals Further Expands Gold Mineralization At Monique Trend, Val-D’Or East Project, Quebec