PGM.V - Pure Gold Mining Inc.

TSXV - TSXV Delayed Price. Currency in CAD
1.2700
-0.0400 (-3.05%)
As of 9:58AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close1.3100
Open1.2900
Bid1.2600 x N/A
Ask1.2700 x N/A
Day's Range1.2700 - 1.2900
52 Week Range0.3800 - 1.3900
Volume280,174
Avg. Volume954,068
Market Cap456.226M
Beta (5Y Monthly)1.27
PE Ratio (TTM)N/A
EPS (TTM)-0.0310
Earnings DateAug. 12, 2020 - Aug. 17, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.11
  • GlobeNewswire

    Pure Gold Mining Raises $12.3 Million From the Exercise of Share Purchase Warrants

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“PureGold” or the “Company”) is pleased to announce that the Company has raised $12.3 million from the exercise of 14,465,000 share purchase warrants with a strike price of $0.85 (the “Warrants”), representing 100% of the Warrants that otherwise would have expired May 24, 2020. On closing of the recently announced private placement, PureGold will have approximately $101 million in cash, along with $US35M available in an undrawn credit facility. With approximately $150 million available in funding, and $86 million remaining on capital expenditure to complete our mine construction, the Company is in a uniquely solid financial position to be able to concurrently fund an aggressive exploration program.

  • GlobeNewswire

    $15M Investment Backed By Eric Sprott To Accelerate Resource Growth At PureGold Red Lake Mine

    Pure Gold Mining Inc. (TSXV:PGM, LSE:PUR) ("PureGold" or the "Company") is pleased to announce that it has agreed to issue, on a non-brokered private placement basis, 9,868,421 charity flow through common shares of the Company (the “FT Shares”)  at a price of $1.52 per FT Share (the “Financing”), for gross proceeds to PureGold of $15,000,000. Mr. Eric Sprott has agreed to be the back-end buyer of all of the FT Shares. “PureGold has all the attributes I look for in a Company - location, grade, size and growth,” said Eric Sprott.

  • GlobeNewswire

    Pure Gold Reports First Quarter Financial Results

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce that its unaudited condensed interim consolidated financial statements (“Financial Statements”) for the first quarter ended March 31, 2020 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.puregoldmining.ca at under the Company’s SEDAR profile at www.sedar.com. During the three months ended March 31, 2020, the Company advanced construction and underground development activities at its 100%-owned Pure Gold Red Lake Mine Project (“RL Mine Project” or the “Project”).

  • GlobeNewswire

    Canada’s Next Gold Mine on Track for First Gold Pour in Q4

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“PureGold” or the “Company”) is pleased to report mine construction activities at its PureGold Red Lake Mine in Ontario are on schedule for first gold pour before the end of the year. Work to date has proven we have a clear and precise understanding of the geology and district, and we have demonstrated our ability to execute on our goals.

  • How Does Pure Gold Mining Inc. (CVE:PGM) Affect Your Portfolio Volatility?
    Simply Wall St.

    How Does Pure Gold Mining Inc. (CVE:PGM) Affect Your Portfolio Volatility?

    Anyone researching Pure Gold Mining Inc. (CVE:PGM) might want to consider the historical volatility of the share...

  • GlobeNewswire

    PURE GOLD PROVIDES UPDATE ON MINE CONSTRUCTION AND REPORTS FINANCIAL RESULTS FOR YEAR-ENDED DECEMBER 31, 2019

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) is pleased to provide the following update on mine construction activities at its Pure Gold Red Lake Mine as well as report year-end 2019 financial and operating results. The Company has made available its audited financial statements and related management’s discussion and analysis for the year ended December 31, 2019, available on Sedar and its website. “Ensuring the health and safety of our employees, contractors and the communities in which we operate is our highest priority,” said Darin Labrenz, President and CEO.

  • GlobeNewswire

    Pure Gold Mining COVID-19 Response Measures

    Pure Gold Mining Inc. (PGM – TSX-V, PUR – LSE) (“Pure Gold” or the “Company”), is closely monitoring the COVID-19 pandemic and has implemented preventative measures at both the Pure Gold Red Lake Mine site as well as corporate offices to safeguard the health of its employees while continuing to operate effectively and responsibly in our communities. Development activities at the Pure Gold Red Lake Mine continue to operate normally, with no significant impact to date beyond the implementation of additional education and safety measures.

  • GlobeNewswire

    Pure Gold Grants Incentive Stock Options

    VANCOUVER, British Columbia, Feb. 19, 2020 -- Pure Gold Mining Inc. (PGM: TSX-V, PUR: LSE) (“Pure Gold” or the “Company”) announces that it has granted incentive stock options.

  • GlobeNewswire

    Maryse Bélanger Joins Pure Gold Mining Board of Directors

    Pure Gold Mining Inc. (PGM – TSX-V, PUR – LSE) (“Pure Gold” or the “Company”), is pleased to announce that Ms. Maryse Bélanger, ICD.D has been appointed to the Board of Directors, effective February 14, 2020. Ms. Bélanger brings over 30 years of experience with senior gold companies globally with proven strengths in operational excellence and efficiency, technical studies and services. Most recently, Ms. Bélanger was President, COO and Director of Atlantic Gold, where she successfully guided the company in taking its Touquoy Mine in Nova Scotia from construction to commissioning, ramp up and full production, through its eventual acquisition by St. Barbara for $722M.

  • GlobeNewswire

    Pure Gold Drilling Intersects High-Grade Gold Including 33.1 g/t Gold Over 3.4 Metres

    Pure Gold Mining Inc. (PGM:TSX-V, LSE:PUR) (“Pure Gold” or the “Company”), is pleased to announce that mine development at the Pure Gold Red Lake Mine, initiated as part of the test mining program, has resumed, and exploration drilling in close proximity to this development has intersected high-grade gold mineralization from both infill and step-out drill holes. Access development completed through the test mining program will facilitate production from some of these areas in 2020.

  • Pure Gold Mining Inc. (CVE:PGM) Insiders Increased Their Holdings
    Simply Wall St.

    Pure Gold Mining Inc. (CVE:PGM) Insiders Increased Their Holdings

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

  • Newsfile

    Pure Gold Mining Exhibiting at Booth 603, Vancouver Resource Investment Conference, Jan 19-20, 2020

    Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - Pure Gold Mining (TSXV: PGM) (LSE: PUR) would like to cordially invite you to visit us at Booth 603 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 - Monday January 20, 2020. The Vancouver Resource Investment Conference has been the bellwether of the junior mining market ...

  • GlobeNewswire

    Pure Gold Drilling Intersects High Grade Gold Mineralization at 8 Zone Gap and Wedge

    Pure Gold Mining Inc. (PGM – TSX-V) (“Pure Gold” or the “Company”), is pleased to announce that exploration drilling near the Madsen Red Lake Mine, currently under construction, has intersected high-grade gold mineralization from a second drill hole targeting the widespread gap between the Company’s 8 zone at depth and the Russet South zone, which outcrops at surface.1 This latest drill hole confirms the discovery potential of this new target area and supports continuity of the gold system between Russet South and 8 zone. In addition, ongoing drilling along the Madsen Red Lake Mine Trend continues to rapidly expand the footprint of the Wedge zone with multiple drill holes returning drill intercepts anticipated to upgrade the current mineral resource and also likely to expand the resource footprint including the deepest Wedge intercept to date.

  • GlobeNewswire

    Publication of Prospectus, Qualifying Shares for Trading on the LSE Related to July and August 2019 Share Issuances

    This announcement is an advertisement for the purposes of the Prospectus Regulation Rules of the Financial Conduct Authority ("FCA") and not a prospectus and not an offer to sell, or a solicitation of an offer to subscribe for or to acquire, securities in any jurisdiction, including in or into the United States, Israel, Australia, Japan or the Republic of South Africa. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase or subscribe for any shares referred to in this announcement other than solely on the basis of information that is contained in the prospectus published by the Company (“Prospectus”) in connection with the proposed admission of 91,255,000 new common shares in the Company (“New Common Shares”) to the standard listing segment of the Official List of the FCA and to trading on the Main Market for listed securities of the London Stock Exchange plc (“LSE”).

  • GlobeNewswire

    Pure Gold Reports Third Quarter Financial Results

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce that its unaudited condensed interim financial statements (“Financial Statements”) for its third quarter ended September 30, 2019 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.puregoldmining.ca at under the Company’s SEDAR profile at www.sedar.com. During the three months ended September 30, 2019 and to date, the Company completed and advanced a number of key milestones for its 100%-owned Madsen Red Lake Mine (“Madsen” or the “Project”).

  • Pure Gold Mining Inc. (CVE:PGM): What Does Its Beta Value Mean For Your Portfolio?
    Simply Wall St.

    Pure Gold Mining Inc. (CVE:PGM): What Does Its Beta Value Mean For Your Portfolio?

    Anyone researching Pure Gold Mining Inc. (CVE:PGM) might want to consider the historical volatility of the share...

  • GlobeNewswire

    New Gold-Bearing Intercepts Open Up Exciting Target Area at Pure Gold’s Madsen Complex - Drilling Program Expanded to 20,000 Metres

    VANCOUVER, British Columbia, Oct. 09, 2019 -- Pure Gold Mining Inc. (PGM – TSX-V, PUR – LSE) (“Pure Gold” or the “Company”) is pleased to announce that it has intersected gold.

  • GlobeNewswire

    Drilling Nearly Doubles Strike Extent of Wedge, Extends Madsen Red Lake Mine Gold System to Seven Kilometres

    Pure Gold Mining Inc. (PGM – TSX-V, PUR – LSE) (“Pure Gold” or the “Company”), is pleased to announce that ongoing drilling along the Madsen Red Lake Mine Trend has added 530 metres of mineralized strike length to the Wedge Zone, expanding the deposit footprint by 85% and continuing the rapid progression of this zone.  In early 2018, the Company announced the discovery of the Wedge deposit with multiple high grade intercepts reported three kilometres south of the Madsen Red Lake Mine. In early 2019, incorporating just nine months of drilling, Pure Gold reported the maiden resource estimate for this new discovery.

  • GlobeNewswire

    Pure Gold Awards Engineering and Procurement Contracts, Builds Owners Team, and Commences Construction of Its 100% Owned Madsen Gold Mine

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce it has awarded the surface Engineering and Procurement (E/P) contract to JDS Energy & Mining (“JDS”) in partnership with Hatch Ltd. ("Hatch") and Knight Piesold Ltd. (Knight Piesold) for it’s Madsen Red Lake Mine (the “Project”). Additionally, the Company has awarded the underground mine design engineering contract to Dumas Mine Contracting Ltd. (“Dumas”). With the engagement of our engineering partners, the Company has commenced construction.

  • GlobeNewswire

    Pure Gold Reports Second Quarter Financial Results

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce that its unaudited condensed interim consolidated financial statements (“Financial Statements”) for the second quarter ended June 30, 2019 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.puregoldmining.ca at under the Company’s SEDAR profile at www.sedar.com. During the three months ended June 30, 2019 and to date, the Company completed and advanced a number of key milestones for its 100%-owned Madsen Red Lake Mine (“Madsen”). On August 7, 2019, Pure Gold announced1 that it had secured a US$90 million finance package (the “Financing”) for Madsen, including a board decision to proceed with construction of the project with first gold pour expected by the end of 2020.

  • GlobeNewswire

    Pure Gold Secures US$90 Million Construction Finance Package and Announces Construction Decision for Madsen Red Lake Mine

    Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce closing of a US$90 million project financing package (the “Financing”) with Sprott Resource Lending Corp. (“Sprott”). The Financing will fully fund the costs to develop an underground mine at Pure Gold’s Madsen Gold Project (the “Project”). The Financing is comprised of a credit facility (the “Facility”) for US$65 million, and a US$25 million callable gold stream (the “Gold Stream”).

  • Baystreet

    Stocks in play: Pure Gold Mining Inc.

    Wabauskang First Nation, and Lac Seul First Nation are pleased to announce the signing and implementation ...

  • GlobeNewswire

    Pure Gold Mining, Wabauskang First Nation and Lac Seul First Nation Sign Project Agreement for Madsen Red Lake Mine

    Pure Gold Mining Inc. (PGM – TSX-V) (“Pure Gold” or the “Company”), Wabauskang First Nation, and Lac Seul First Nation (together the “First Nations”) are pleased to announce the signing and implementation of a Project Agreement  (the "Agreement") with respect to Pure Gold’s Madsen Red Lake  Mine (“Madsen”) located in Red Lake, Ontario. This Agreement establishes a long-term, mutually-beneficial partnership between Pure Gold and the First Nations.

  • GlobeNewswire

    Pure Gold Closes Previously Announced Bought Deal Private Placement and Non-Brokered Private Placement Raising Gross Proceeds of C$47.5 Million

    Pure Gold Mining Inc. (PGM.V) (“Pure Gold” or the “Company”) is pleased to announce that it has closed the bought deal private placement (the “Offering”) and concurrent non-brokered private placement (the “Non-Brokered Private Placement” and together with the Offering, the “Transactions”) announced on June 21, 2019 and July 15, 2019, respectively.

  • GlobeNewswire

    Pure Gold Announces Concurrent Non-Brokered Financing Increasing Its Total Financing to $45.5 Million

    Pure Gold Mining Inc. (PGM.V) ("Pure Gold" or the "Company") is pleased to announce that, concurrent with its $32.5 million bought-deal private placement announced on June 21, 2019, led by Sprott Capital Partners and a syndicate of underwriters, the Company has agreed to issue up to a further 23,700,000 units of the Company (the “Units”) at a price of $0.55 per Unit (the “Transaction”) for additional gross proceeds of up to $13,035,000, on a non-brokered basis, including up to 11,850,000 Units each, to AngloGold Ashanti Limited (“AngloGold”) and an institutional investor, increasing the total to be raised to $45.5 million.