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1911 Gold Corp

Company price
0.63 CAD 0.03 ( 5.00%)
Last update at 2026-11-05T14:30:00Z
VOLUME
10179
Market Cap
275.71M

Momentum Score

…

1911 Gold Corporation, together with its subsidiaries, engages in the exploration and extraction of precious metals. It primarily explores gold. The company's main asset is the Rice Lake property in Manitoba, which covers 61,647 hectares covering the Archean Rice Lake greenstone belt in Manitoba. It also owns interests in the True North mine and mill complex located in Bissett, Manitoba; and the Apex property located near Snow Lake, Manitoba. In addition, the company holds a 100% interest in the Denton-Keefer project located in the Timmins-Porcupine Gold Camp of the Abitibi greenstone belt. The company was formerly known as Havilah Mining Corporation and changed its name to 1911 Gold Corporation in June 2019. 1911 Gold Corporation was incorporated in 2018 and is based in Vancouver, Canada.

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Day Price Range
0.63
Low
0.63
High
52 Week Price Range
0.18
Low
1.54
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

1911 Gold Corp, listed on the TSX Venture Exchange as AUMB.V, is a junior miner focused on exploring and developing gold properties. Long-term growth may be driven by resource discoveries or expansions, advancing projects through permitting, strategic acquisitions, and sensitivity to gold prices.

Principal risks are exploration and development execution failure, reliance on external financing with potential dilution, commodity price swings, permitting and regulatory delays, and thin trading liquidity.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.60
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-3.71M
Debt / Equity
-
ROE
-63.50%
Net Debt
-3.10M
ROCE
-63.49%
Diluted EPS TTM
-0.11

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -25.32M -4.80M -2.01M -11.39M -8.76M
Net income -25.32M -4.80M -2.01M -11.39M -8.76M
Selling general administrative 10.36M 3.32M 2.42M 1.87M 1.98M
Selling and marketing expenses - - 4.04M - -
Gross profit -0.36M -0.29M 0.15M -3.40M -4.69M
Reconciled depreciation 0.36M 0.29M 0.41M 0.82M 1.18M
Ebit - - -6.79M - -11.23M
Ebitda - - -6.21M -10.56M -10.05M
Depreciation and amortization - - 0.58M - -
Operating income -31.73M -9.38M -6.79M -13.47M -11.23M
Other operating expenses - - 7.53M - 0.15M
Interest expense - - 0.01M 0.01M 0.00M
Tax provision - - - 0.00M 0.01M
Interest income 0.17M 0.02M - - 0.00M
Net interest income 0.17M 0.02M -0.01M -0.01M 0.00M
Income tax expense - - -0.00M - 0.01M
Total revenue 0.00M 0.00M 0.73M 5.88M 9.67M
Total operating expenses 31.73M 9.38M 6.94M 19.36M 20.90M
Cost of revenue 0.36M 0.29M 0.58M 9.28M 14.36M
Total other income expense net 6.24M 4.56M 4.79M 2.09M 2.48M
Net income from continuing ops -25.32M -4.80M -2.01M -11.39M -8.76M
Net income applicable to common shares - - - - -8.76M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 60.38M 39.60M 35.56M 34.16M 45.60M
Other current assets - 0.68M 0.35M - -
Total liab 14.70M 5.53M 5.04M 5.98M 6.32M
Total stockholder equity 45.68M 34.07M 30.52M 28.19M 39.28M
Other current liab 3.58M 1.41M 0.65M - 1.65M
Common stock - - 36.00M - 31.78M
Capital stock 79.28M 44.21M 36.00M 31.78M 31.78M
Retained earnings -167.16M -141.84M -137.04M -135.11M -123.72M
Other liab - - - - 3.12M
Other assets - - - - 0.40M
Cash 23.58M 7.41M 3.10M 0.63M 9.95M
Total current liabilities 10.40M 2.61M 2.32M 3.52M 3.20M
Net debt - - -3.10M - -
Other stockholder equity - - 130.11M - 1.13M
Property plant equipment - - - - 33.41M
Total current assets 24.91M 8.11M 3.95M 1.97M 11.79M
Net tangible assets - - - - 39.28M
Short term investments 0.05M 0.02M 0.07M 0.04M 0.21M
Net receivables - - 0.35M - -
Inventory - 0.00M 0.42M 0.91M 1.16M
Accounts payable 5.39M 0.42M 1.67M 2.52M 0.60M
Accumulated other comprehensive income - - 1.47M - -
Non currrent assets other 0.40M 0.40M 0.40M 0.40M 0.40M
Non current assets total 35.47M 31.49M 31.62M 32.19M 33.81M
Capital lease obligations 0.94M - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - 0.34M 1.16M -0.04M -0.47M
Change to liabilities - - - - -1.23M
Total cashflows from investing activities - - - - -0.47M
Net borrowings -0.33M - - - -
Total cash from financing activities 38.14M 9.74M 3.87M 0.00M 7.69M
Change to operating activities - - - - 0.19M
Net income -25.32M -4.80M -2.01M -11.39M -8.76M
Change in cash 16.17M 4.31M 2.47M -9.32M -0.07M
Begin period cash flow 7.41M 3.10M 0.63M 9.95M 10.03M
End period cash flow 23.58M 7.41M 3.10M 0.63M 9.95M
Total cash from operating activities -19.64M -5.76M -2.56M -9.29M -7.29M
Issuance of capital stock 36.23M 7.74M 3.87M 0.00M 7.60M
Depreciation - - 0.58M - 1.33M
Other cashflows from investing activities - - - - -0.40M
Change to inventory - - 0.48M 0.25M 1.63M
Other cashflows from financing activities - - 1.16M - -0.40M
Change to netincome - - - - -0.44M
Capital expenditures 2.33M 0.11M 0.00M 0.00M 0.36M
Change in working capital 3.49M -1.37M -0.30M 2.36M 0.58M
Stock based compensation 2.15M 0.16M 0.12M 0.30M 0.20M
Other non cash items -0.31M -0.03M 0.38M -1.47M -0.34M
Free cash flow -21.98M -5.88M -2.56M -9.29M -7.65M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
AUMB
1911 Gold Corp
0.03
5.00%
0.63 - - 1.10 6.51 1.07 -0.52
OMG
Omai Gold Mines Corp
0.05
2.96%
1.74 - - - 62.63 - -4.09
ASE
Asante Gold Corporation
-
-%
0.66 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.
0.09
9.78%
1.01 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp
0.20
1.81%
11.25 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

1911 Gold Corp

1911 Gold Corporation, together with its subsidiaries, engages in the exploration and extraction of precious metals. It primarily explores gold. The company's main asset is the Rice Lake property in Manitoba, which covers 61,647 hectares covering the Archean Rice Lake greenstone belt in Manitoba. It also owns interests in the True North mine and mill complex located in Bissett, Manitoba; and the Apex property located near Snow Lake, Manitoba. In addition, the company holds a 100% interest in the Denton-Keefer project located in the Timmins-Porcupine Gold Camp of the Abitibi greenstone belt. The company was formerly known as Havilah Mining Corporation and changed its name to 1911 Gold Corporation in June 2019. 1911 Gold Corporation was incorporated in 2018 and is based in Vancouver, Canada.

400 Burrard Street, Vancouver, BC, Canada, V6C 3A6

604-900-5620

Name Title Year Born
Mr. R. Shaun Heinrichs (Illinois), BBA, CPA, CA, CPA Pres, CEO & Director 1974
Dr. Scott Douglas Anderson VP of Exploration NA
Ms. Carmen L. Amezquita Hernandez C.A., CPA Chief Financial Officer 1983
Mr. Shaun Anthony Drake Corp. Sec. 1967
Mr. R. Shaun Heinrichs (Illinois), BBA, CPA, CA, CPA President, CEO & Director 1974
Mr. Gary Vincent O'Connor B.Sc., P.Eng. Executive Chair 1961
Mr. Michele Della Libera Vice President of Exploration NA
Mr. Shaun Anthony Drake Corporate Secretary 1967
Mr. Gary Vincent O'Connor B.Sc., P.Eng. Executive Chair 1960
Mr. R. Shaun Heinrichs (Illinois), BBA, CPA, CA President, CEO & Director 1974

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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