PGOLOTCGold and Silver OresUS GAAP · USD

Patriot Gold Corp

Patriot Gold Corp is a U.S.-based mineral exploration company focused on acquiring, exploring, and developing precious-metal properties, primarily in Nevada. The company also holds a royalty interest tied to the Moss Mine in Arizona through a prior property transaction.

Liikevaihto0,0milj. USD
−100,0 %v/v
Liikevoitto (EBIT)−1,9milj. USD
+10,4 %v/v
Nettotulos−1,9milj. USD
+40,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−3−2−10123milj. USD2020: 2,5 milj. USD2020: EBIT 1,1 milj. USD20202021: 1,7 milj. USD2021: EBIT 0,32 milj. USD20212022: 1,8 milj. USD2022: EBIT 0,76 milj. USD20222023: 1,9 milj. USD2023: EBIT 0,06 milj. USD20232024: 0,36 milj. USD2024: EBIT −2,1 milj. USD20242025: 0,00 milj. USD2025: EBIT −1,9 milj. USD20250,00−1,9
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Mineral exploration and development0 %

Acquisition, exploration, and advancement of precious-metal claims and projects.

Royalty income100 %

A 3% net smelter returns royalty tied to production from the Moss Mine.

Asiakkaat

Patriot Gold’s direct economic counterparty is the operator of the Moss Mine, from which it receives royalty payments based on mineral production and sales. More broadly, its business depends on counterparties involved in property transactions, joint project evaluation, and potential future project development. The company’s value proposition is tied to mineral rights, exploration optionality, and royalty exposure rather than selling finished metal products to end customers.

Moss Mine operator

Golden Vertex, the operator producing and selling minerals at Moss Mine, pays the 3% NSR royalty.

Project counterparties

Parties involved in buying, selling, or optioning mineral claims and exploration assets.

Capital markets investors

Public-market investors funding the company’s exploration and royalty model.

Strategia

Patriot Gold’s strategy is to maintain exposure to precious metals through a mix of mineral property acquisition, exploration, and royalty interests. The company also indicates it is actively reviewing new projects, which supports a portfolio approach to optionality in mining assets. Its business model depends on preserving upside from exploration success while keeping a royalty stream tied to existing production.

Acquire and advance precious-metal propertiesKeskipitkä aikaväli

The company’s long-term value depends on finding and developing mineral assets with commercial potential.

Monetize royalty exposureLyhyt aikaväli

Royalty interests can provide non-operating exposure to mine production without direct operating responsibility.

Source additional projectsKeskipitkä aikaväli

A broader project pipeline can reduce dependence on any single property or royalty stream.

Maantiede

The company is based in the United States and its exploration focus is centered on mining claims in Nevada. Its royalty exposure is tied to the Moss Mine in Arizona, so its business footprint spans western U.S. mining jurisdictions. Geography matters because project economics, permitting, and production depend on local geology, mining law, and operator activity in each district.

Riskit

Patriot Gold is exposed to exploration risk, commodity-price volatility, and dependence on third-party mine operations for royalty income. The company also faces funding risk because exploration and public-company compliance costs can exceed available cash and royalty receipts. As with most junior miners, project economics, permitting, and geological uncertainty can materially affect asset value and future monetization.

Järjestetty vakavuuden mukaan
Dependence on Moss Mine royalty paymentsKorkea

A meaningful part of economic value comes from a single 3% NSR royalty tied to one mine operator.

Kohdistuu: Royalty income and cash flow

Commodity price volatilityKorkea

Gold and silver prices directly influence mine economics, production decisions, and royalty value.

Kohdistuu: Project valuation and royalty receipts

Exploration and development uncertaintyKorkea

Mineral claims may not contain commercially recoverable reserves or may take years to prove up.

Kohdistuu: Nevada exploration portfolio

Liquidity and funding riskKorkea

Exploration, legal, accounting, and compliance costs can require external capital if royalty receipts are insufficient.

Kohdistuu: Corporate operations and project advancement

Kirjanpito

Harkinnanvaraiset erät
Variable royalty revenue recognition

The 3% NSR royalty is recognized only when uncertainty is resolved through received settlement statements.

Vaikutus: Can cause revenue to be delayed or lumpy across reporting periods

Use of estimates

Financial statements depend on management assumptions for liabilities, expenses, and contingencies.

Vaikutus: Can materially change reported losses and balance-sheet values

Exploration and mineral property costs

Judgment is required in determining which costs are capitalized, impaired, or expensed.

Vaikutus: Affects asset carrying values and period expenses

Going-concern and funding assumptions

The company notes possible additional funding needs, which affects disclosure and valuation assumptions.

Vaikutus: Important for assessing continuity of operations

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 29.4.2026