1911 Gold Corporation (AUMBF) Research

1911 Gold Corporation, along with its affiliated entities, specializes in the complete lifecycle of precious metals, encompassing acquisition, exploration, development, and eventual extraction. Its primary focus is on gold prospecting. The company possesses a significant landholding in Manitoba, comprising 58,672 hectares situated within and bordering the Archean Rice Lake greenstone belt. Additionally, its portfolio includes stakes in the True North mine and mill complex near Bissett, Manitoba, and the Apex property – a collection of five mining claims covering approximately 752 hectares close to Snow Lake, Manitoba. Further assets in its Canadian portfolio extend to Ontario, with interests in the Tully and Denton-Keefer projects located near Timmins. Established in 2018 and headquartered in Vancouver, Canada, the company officially changed its name to 1911 Gold Corporation in June 2019, having previously operated as Havilah Mining Corporation.

Market snapshot

Symbol
AUMBF
Price
$0.45
Day change
-2.51%
Market cap
$198.8M
P/E ratio
-6.15x
52-week range
0.144-1.13
Sector
Basic Materials
Industry
Gold
Next earnings
in 2 months

Recent news

  • 1911 Gold upsizes bought-deal financing to $31M

    1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) said that it has increased the size of its previously announced bought-deal financing to gross proceeds of approximately $31 million, reflecting continued investor demand as the company advances its True North Gold Project in Manitoba. Under the amended agreement, a syndicate of underwriters led by Haywood Securities, and including BMO Capital Markets (NYSE:BMO), Roth Canada and Velocity Trade Capital, agreed to purchase a combination of common share units and flow-through units for total gross proceeds of $31 million.

  • 1911 Gold launches $20M bought deal financing

    1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has entered into an agreement with Haywood Securities for a bought deal financing worth $20 million. The Manitoba-focused gold explorer will issue units priced at $0.64 each, Canadian development expense flow-through units at $0.793 each, and Canadian exploration expense flow-through units at prices ranging from $0.752 to $1.011.

  • 1911 Gold files prospectus for public offering to fund True North exploration

    1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) has filed a preliminary short form prospectus with Canadian securities commissions in connection with a public offering of common shares, including several categories of flow-through shares, the company said. The company plans to use net proceeds to fund exploration and development at its True North Gold Project in Manitoba, technical studies, and general working capital.

Peer companies

  • Gold Reserve Inc. (GDRZF)
  • Gold X2 Mining Inc. (GSHRF)
  • KEFI Gold and Copper Plc (KFFLF)
  • Loncor Gold Inc. (LONCF)
  • Minera Alamos Inc. (MAIFF)
  • Mayfair Gold Corp. (MFGCF)
  • Maritime Resources Corp. (MRTMF)
  • Tudor Gold Corp. (TDRRF)

Open 1911 Gold Corporation (AUMBF) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.