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Apollo Gold
(APGO)
Apollo Gold (APGO) vs. iShares MSCI Canada ETF (EWC)
Apollo Gold Business Overview & Revenue Model
Apollo Gold Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -144.35K | -139.23K | -139.00K | -133.00K | -9.98K | -988.00 |
| EBITDA | -7.13M | -3.04M | -3.98M | -10.85M | -2.70M | -1.62M |
| Net Income | -7.30M | -2.99M | -4.15M | -10.61M | -2.71M | -1.56M |
Balance Sheet | ||||||
| Total Assets | 9.67M | 14.12M | 3.91M | 92.90M | 95.20M | 6.35M |
| Cash, Cash Equivalents and Short-Term Investments | 8.42M | 13.68M | 3.56M | 9.36M | 15.75M | 6.13M |
| Total Debt | 196.70K | 113.42K | 155.68K | 243.35K | 214.06K | 0.00 |
| Total Liabilities | 451.01K | 404.32K | 365.54K | 2.48M | 2.72M | 147.54K |
| Stockholders Equity | 9.21M | 13.71M | 3.54M | 90.41M | 92.49M | 6.20M |
Cash Flow | ||||||
| Free Cash Flow | -6.80M | -2.88M | -5.69M | -9.29M | -40.28M | -1.19M |
| Operating Cash Flow | -6.79M | -2.87M | ― | -8.83M | -4.10M | -1.08M |
| Investing Cash Flow | -14.68K | -9.10K | -3.64K | -451.98K | -36.18M | -109.83K |
| Financing Cash Flow | 13.03M | 13.01M | -116.32K | 2.75M | 49.88M | 7.30M |
Apollo Gold Technical Analysis
Apollo Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | C$207.34M | -29.86 | -11.69% | ― | ― | -0.78% | |
53 Neutral | C$307.37M | -34.00 | -130.74% | ― | ― | -135.80% | |
52 Neutral | C$378.93M | -18.68 | -43.69% | ― | ― | -175.76% | |
52 Neutral | C$491.25M | -18.14 | -111.62% | ― | 5.58% | 50.96% | |
46 Neutral | C$341.60M | -4.27 | ― | ― | ― | ― |
Apollo Gold Corporate Events
Apollo Silver has increased the size of its previously announced non-brokered private placement by $2.5 million to a maximum of $27.5 million, primarily to accommodate insider participation, through the issuance of up to 5.5 million units priced at $5.00 each. The upsized financing, which includes major commitments from its two largest shareholders, Eric Sprott and a Jupiter Asset Management fund, will strengthen the company’s funding base for exploration and development of its silver and barite projects, while slightly increasing insider ownership and aligning key stakeholders more closely with the company’s long-term project advancement; the placement remains subject to TSX Venture Exchange and regulatory approvals and is structured in compliance with Canadian related-party transaction rules.
Apollo Silver Corp. has corrected the terms of its recently announced $25 million non-brokered private placement involving Eric Sprott and Jupiter Asset Management, clarifying that each of the 5 million units will now consist of one common share and one full share purchase warrant, rather than a half warrant as initially stated. The full warrant will allow investors to buy an additional share at $7.00 for 24 months from closing, with all securities subject to a four-month hold and the financing still requiring TSX Venture Exchange approval; net proceeds are earmarked for exploration and development across Apollo’s portfolio as well as general corporate purposes, potentially strengthening the company’s funding position as it advances its U.S. and Mexican silver projects.
Apollo Silver Corp. has announced a C$25 million non-brokered private placement, selling 5 million units at C$5.00 each to its two largest shareholders, Eric Sprott and a fund managed by Jupiter Asset Management, who will each acquire 2.5 million units. Post-financing, the Jupiter fund will hold about 12.1% and Eric Sprott roughly 9.6% of Apollo’s outstanding common shares on an undiluted basis, reinforcing their strategic backing as the company funds exploration and development of its Calico silver-barite project in the U.S. and its Cinco de Mayo option in Mexico, as well as general corporate purposes; each unit consists of one share and a half-warrant exercisable at C$7.00 for 24 months, with the closing subject to TSX Venture Exchange approval and standard hold periods and securities law restrictions.
Apollo Silver Corp. has completed all payments under its option agreement with Athena Minerals, securing 100% ownership of 36 unpatented lode mining claims known as the Athena Claims, which form part of its Langtry Property within the Calico Silver Project in San Bernardino County, California. The acquisition, which included a final US$950,000 cash payment and the grant of a 1% net smelter return royalty to Athena on certain claims, consolidates the company’s land position at Calico, a major undeveloped U.S. silver asset with substantial measured, indicated and inferred resources, and strengthens Apollo Silver’s strategic position in silver and critical minerals amid rising interest in secure domestic supply. The company also disclosed that it has 34,903,440 outstanding share purchase warrants, each five exercisable into one common share at an exercise price of $3.95 and expiring on July 8, 2026, information relevant for existing warrant holders and potential investors reviewing the company’s capital structure.
Apollo Silver Corp. has been actively engaging with local communities in Chihuahua, Mexico, to regain access to its Cinco de Mayo Project, which was restricted in 2012. The company aims to establish a long-term access agreement that promises economic benefits, employment opportunities, and environmental stewardship to the local Ejido community. This initiative is part of Apollo’s strategy to promote responsible mineral exploration and development, aligning with the Mexican government’s interest in sustainable mining practices.
Apollo Silver Corp. has announced its 2026 Exploration and Development Program for the Calico Silver Project, aiming to advance exploration potential and project development initiatives. The program includes a 4,500-meter core drill program for metallurgical and geotechnical analysis, exploration drilling, and geophysical surveys to enhance technical understanding and support future mine design and permitting. This initiative comes at a time of strengthening silver market sentiment and highlights the importance of developing domestic supply, potentially impacting the company’s operations and positioning within the industry.
Apollo Silver Corp. has engaged Equedia Network Corporation to provide communications and advisory services for a three-month term, with a fee of US$350,000. This partnership aims to enhance Apollo Silver’s market presence and stakeholder engagement as it advances its significant silver projects in the US and Mexico. The engagement is subject to TSX Venture Exchange approval, and Equedia may acquire more shares of Apollo Silver during the agreement term, potentially impacting the company’s market dynamics.
Apollo Silver Corp. has announced the approval of a grant of 750,000 Restricted Share Units (RSUs) to certain officers and directors under its Omnibus Incentive Plan. This strategic move is expected to align the interests of the management with those of the shareholders, potentially enhancing the company’s operational focus and market positioning.
Apollo Silver Corp. announced that silver has been added to the US Geological Survey’s 2025 List of Critical Minerals, highlighting its growing importance to US economic and national security. This inclusion is expected to increase investor attention and support for domestic silver mining, benefiting Apollo’s Calico Silver Project, which hosts the second largest primary silver deposit in the US. The designation of silver as a critical mineral emphasizes its strategic value, particularly given the US’s reliance on imports for 64% of its silver consumption in 2024. This development could streamline permitting processes for Apollo’s projects under the Fast-41 program, enhancing its industry positioning and potential stakeholder benefits.
Apollo Silver Corp. has successfully closed its upsized non-brokered private placement, raising a total of $26.78 million through the issuance of over 7.4 million units. The funds will be used to advance the Calico Silver Project in California and support the Cinco de Mayo Project in Mexico. The offering saw participation from notable investors, reflecting strong confidence in Apollo’s strategic vision and positioning the company to further its development projects.
Apollo Silver Corp. has successfully closed the initial $25 million tranche of its upsized non-brokered private placement, raising gross proceeds through the issuance of units comprising common shares and warrants. The funds will be used to advance the Calico Silver Project in California, support community initiatives in Mexico, and cover property maintenance and corporate expenses. The participation of company insiders in the offering highlights a related party transaction, while the securities are subject to a four-month hold period and require final TSXV approval.
Apollo Silver Corp. has filed an updated NI 43-101 Technical Report for its Calico Silver Project, revealing significant increases in silver and gold resources, as well as inaugural estimates for barite and zinc. The updated mineral resource estimate indicates a 61% increase in tonnage and a 14% increase in silver ounces, contributing to a total of 125 million ounces of silver. The report also highlights the addition of barite and zinc resources, a larger single pit with a low strip ratio, and the project’s resilience to metal price changes, which collectively de-risk the Calico Project and present significant growth opportunities.
Apollo Silver Corp. participated in a significant industry luncheon with San Bernardino County leaders to discuss the role of mining in economic growth and innovation. The event emphasized the County’s support for responsible mineral development, highlighting the Calico Project’s strategic importance due to its silver, barite, and zinc resources. The project’s location on private land with vested mining rights offers potential for streamlined development, reinforcing Apollo Silver’s commitment to contributing to the local economy and mining legacy.