PEZGF Pediment Gold Corp featured news, full reports, and detailed charts
Pediment Gold Corp (PEZGF/PEZGF.OB) Wrap Up:
Pediment Gold Corp., a mineral exploration company, together with its subsidiaries, engages in the acquisition of, exploration for, and development of mineral properties in Mexico. The company primarily focuses on developing two gold assets, including on the San Antonio gold project in the Baja and the La Colorada gold/silver project in Sonora, Mexico. It also has 11 gold/silver/copper exploration projects in Sonora, Mexico. The company was formerly known as Pediment Exploration Ltd. and changed its name to Pediment Gold Corp. in February 2009. Pediment Gold Corp. was incorporated in 1983 and is based in Vancouver, Canada.Pediment Gold Corp (PEZGF:OTC Bulletin Board Market)
Snapshot of Pediment Gold Corp (PEZGF)
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OPEN
$1.00
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PREVIOUS CLOSE
$1.01
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DAY HIGH
$1.02
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DAY LOW
$0.96
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52 WEEK HIGH
11/4/09 - $1.18
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52 WEEK LOW
11/21/08 - $0.31
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MARKET CAP
48.3M
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AVERAGE VOLUME 3 mo
79.0K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
47.3M
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PEZGF Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
PEZGF Top Compensated Officers
Executives, Board Directors
Key developments for Pediment Gold Corp (PEZGF)
Pediment Gold Corp. reported a progress report on the company's wholly owned San Antonio Gold Project in Baja California Sur, Mexico. An updated 43-101 compliant resource estimate has added ounces and significantly upgraded the deposit, confirming 1.53 million ounces gold in the Measured and Indicated category, plus 111,000 ounces in the Inferred category (using a 0.4 g/t cut off). In addition, ongoing metallurgical studies (partially released April 20, 2009) have returned initial column leach tests showing strong 75-81% gold recoveries for Oxide type mineralization and up to 72% for Mixed (oxide/sulphide) mineralization. This new estimate was based on 242 holes totaling 42,891 m and comprising 26,613 gold assays. The previous resource estimate by DMBW was based on 124 drill holes totaling 15,804 m and representing 14,609 assays. The new estimate is tabulated below, along with the previous estimate for comparison purposes. Both calculations used Ordinary Kriging and a range of gold grade cut offs. The values reported here are based on a 0.4 g/t gold cut off.
Pediment Gold Corp. announced results from a recently completed bench sampling program at the company's wholly owned La Colorada Gold Mine, in Sonora Mexico. A total of 3,467 rock chip samples were collected from the historic El Creston, La Colorada and Gran Central pits, intersecting numerous zones of prominent quartz vein, iron oxide and sulphide mineralization exposed in the pit walls. 16 samples (approximately 6% of those samples over 1 g/t Au) returned grades exceeding 10 g/t Au; 26 samples (approximately 11% of those over 1 g/t) ranged between 5 and 10 g/t Au; and 201 samples (approximately 83%) ranged between 1 and 5 g/t Au. The highest gold grades encountered included 288 g/t Au and 104 g/t Au over 2 metre sample widths, taken from prominent vein zones at lower elevations in the El Creston pit. The samples were generally continuous and varied from 0.4m to 4.0m in width, but averaged about 2 metres.
Pediment Gold Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2009. For the quarter, the company reported net loss of CAD 866,693 or CAD 0.02 per share and cash flows used in operating activities of CAD 633,810 against net loss of CAD 2,068,651 or CAD 0.05 per share, cash flows used in operating activities of CAD 362,895 and expenditures on property and equipment of CAD 8,671 for the same period a year ago. For the nine months, the company reported net loss of CAD 2,356,058 or CAD 0.05 per share, cash flows used in operating activities of CAD 1,280,596 and expenditures on property and equipment of $12,170 against net loss of CAD 5,036,417 or CAD 0.13 per share, cash flows used in operating activities of CAD 2,087,056 and expenditures on property and equipment of CAD 8,671 for the same period a year ago.
PEZGF Competitors
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Industry Analysis
| Valuation | PEZGF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 1.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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PEZGF |
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PEZGF transactions
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Private Placement
September 18, 2009 |
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