Trans Canada Gold Corp.
Other OTCRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Trans Canada Gold Corp. is a discovery-focused oil and gas resource development and mineral exploration company primarily engaged in acquiring, exploring, and developing conventional heavy oil properties and gold assets in Western Canada. The company holds an 18.75% working interest in multilateral heavy oil wells near Lloydminster, Alberta, targeting prolific Sparky and General Petroleum zones through partnerships with operator Croverro Energy Ltd.; it focuses on drilling multi-leg horizontal wells to boost production revenues, with current operations including two producing wells that shipped over 85,000 barrels combined in fiscal 2024 and averaged 180 barrels per day gross in December 2024. Mineral exploration efforts encompass district-scale gold projects such as the Trans Canada Gold Project northwest of Dryden, Ontario, spanning approximately 14,880 hectares, and the Gold Crow Project along a gold-endowed belt from Lake Winnipeg to James Bay Lowlands, alongside potential for silver and base metals. Founded in 2006 and headquartered at 750 West Pender Street in Vancouver, British Columbia, the company, formerly Arctic Hunter Energy Inc. until its name change in January 2021, operates mainly in Alberta for oil and gas with customers in North America. Recent developments include robust production growth with doubled output in late 2024, shipment of 9,750 barrels in October 2024, plans for a third multilateral Sparky well in spring 2025 fully funded from cash flow, and acquisition of a 320-acre land parcel in February 2025 by Croverro expanding the area of mutual interest to 1,040 acres for up to three additional multilateral wells supported by new seismic data.
Trans Canada Gold Corp. Ships 3,919 Barrels for the Month of April 2025, From its Lloydminster Multilateral Heavy Oil Well and Prepares for the Summer Mulitlateral Drilling Program
Trans Canada Gold Corp. Completes Eleventh Full Month of Steady Oil Production for August 2024, Shipping 5,207 Barrels From Lloydminster Multilateral Horizontal Heavy Oil Well and Finishes Drilling Second Multilateral Well
Trans Canada Gold Corp. Completes Its Eleventh Full Month of Steady Oil Production for August 2024 and Completes Drilling of Its Second Multilateral Well Targeting the GP Oil Reservoir
Trans Canada Gold Corp. Starts Equipping and Prepares for the Completion of the Newly Successfully Drilled Multilateral Horizontal Heavy Oil Well, After Encountering Oil in Its Target Zone Near Lloydminster, Alberta
Trans Canada Gold Corp. Has Successfully Drilled and Encountered Oil in the Target Zone of Interest on Its Second Multilateral Horizontal Heavy Oil Well, Near Lloydminster, Alberta
Trans Canada Gold Corp Surface and Pad Preparations and Pre-Setting Surface Casings Are Underway, Preparing to Begin Drilling Its Second Multilateral Horizontal Heavy Oil Well Near Lloydminster, Alberta
Trans Canada Gold Corp Completes Its Tenth Full Month of Steady Oil Production for July 2024, Shipping Another 5,715 Barrels From Its Lloydminster Multilateral Horizontal Heavy Oil Well and Prepares for Drilling Its Second Multilateral Well
Trans Canada Gold Corp. Completes Its Tenth Full Month of Steady Oil Production for July 2024 and Prepares for Drilling Its Second Multilateral Well, Targeting 8,000 Meters of GP Oil Reservoir
Trans Canada Gold Corp Receives Well License/Drill Permit from the Alberta Energy Regulator and Prepares to Start Lease Construction and Begin Drilling Its Second Multilateral Oil Well Near Lloydminster, Alberta
Trans Canada Gold Corp Receives Approval for New Trading Symbol on the OTCQB Venture Market Under the Symbol: TTGXF
Trans Canada Gold Corp. Completes Its Ninth Full Month of Steady Oil Production For The Month Of June 2024, Shipping Another 5,435 Barrels From Its Lloydminster Multilateral Horizontal Heavy Oil Well And Prepares For Drilling Its Second Multilateral Well
Trans Canada Gold Corp. Strengthens its Land and Lease Position and Prepares for Drilling its Second Multilateral Well