TriStar Gold

TriStar Gold

Focused on the gold exploration and development projects. Learn more

Launch date
Employees
Market cap
AUD66.6m
Enterprise valuation
AUD64m (Public information from Sep 2024)
Scottsdale Arizona (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2017201820192020202120222023
EBITDA(2.2m)(1.7m)(1.6m)(2.8m)(3.6m)(2.3m)(2.2m)
Profit(<1m)(<1m)(1.7m)(<1m)<1m(<1m)(<1m)
EV / EBITDA-12.4x-11.5x-14.1x-12.7x-8.8x-8.0x-6.9x
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DateInvestorsAmountRound
N/A

N/A

IPO

$4.0m

Post IPO Equity

CAD5.1m

Post IPO Equity
*

$5.0m

Private Placement non VC
Total Funding-

Recent News about TriStar Gold

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More about TriStar Goldinfo icon
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TriStar Gold is a gold development company focused on advancing its flagship Castelo de Sonhos property in Brazil. The company operates in the mining sector, specifically targeting gold production. TriStar Gold aims to develop projects in the Americas that can produce 150,000 ounces of gold annually for at least ten years. The 2021 Preliminary Feasibility Study (PFS) for the Castelo de Sonhos project outlines an 11-year open-pit operation with life-of-mine gold reserves of 1.4 million ounces and an average annual production of 121,000 ounces. The project boasts a low-cost base with an all-in sustaining cost (AISC) of $900 per ounce and a pre-tax internal rate of return (IRR) of 33%, dropping to 28% after tax. The initial capital investment required is $261 million, with an after-tax payback period of less than three years. TriStar Gold trades on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF. The company serves investors looking for exposure to gold mining projects with strong economic fundamentals and significant growth potential. The business model revolves around developing and operating gold mines, generating revenue through gold production and sales.

Keywords: gold development, Castelo de Sonhos, Brazil, mining, gold production, low-cost base, TSX Venture, OTCQB, gold reserves, economic fundamentals.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.