Great Pacific Gold Corp. (GPGCF)
Great Pacific Gold Corp. operates as a junior mining exploration entity, concentrating its efforts on identifying, assessing, and advancing mineral prospects situated across Australia and Papua New Guinea. The company primarily seeks to uncover valuable copper and gold deposits. Its portfolio features several significant endeavors in Papua New Guinea, including the prominent Wild Dog project, which spans 1,422 square kilometers across two granted exploration licenses on New Britain Island. Additionally, it holds the Kesar Creek project, covering 130 square kilometers under a single license, and the Arau project, which encompasses approximately 614 square kilometers across two licenses, both located within the Kainantu region of the Eastern Highlands Province. Formed in 2019, the company adopted its present name, Great Pacific Gold Corp., in September 2023, having previously been known as Fosterville South Exploration Ltd. Its corporate head office is situated in Vancouver, Canada.
Industry: Gold
Great Pacific Gold Corp.
OTC:GPGCFBasic Materials · Gold
-0.93%$0.1060
Mkt Cap$20.78M
Float155.49M
O/S196.06M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$2.69M
Total Assets$23.48M
Free Cash Flow-$11.07M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$22.19M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GPGCF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$23.48M
Liabilities$1.62M
Accounts Receivable$217K
Accounts Payable$1.46M
Inventory$0
PP&E (Net)$13.59M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - |
| Cost of Revenue | $30K | $12K | $117K | $77K | $124K | $67K | $3K |
| Gross Profit | -$30K | -$12K | -$117K | -$77K | -$124K | -$67K | -$3K |
| Gross Margin | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.48M | $10.14M | $2.51M | $1.21M | $4.41M | $3.41M | $2.68M |
| Other | $8.98M | $2.74M | $896K | $3.23M | $4.19M | $2.54M | -$1.53M |
| Total Operating Expenses | $12.46M | $12.89M | $3.41M | $4.43M | $8.6M | $5.95M | $1.15M |
| Operating Income (EBIT) | -$12.49M | -$12.9M | -$3.53M | -$4.52M | -$8.72M | -$4.5M | -$2.68M |
| Operating Margin | - | - | - | - | - | - | - |
| Interest Expense | $0 | $8K | $2K | $5K | $13K | $19K | $1K |
| Interest Income | $159K | $190K | $368K | $191K | $49K | $56K | $4K |
| Other Income (Expense) | $9.6M | -$50K | $382K | $191K | $95K | -$2.18M | -$28K |
| Income Before Tax (EBT) | -$2.9M | -$12.95M | -$3.14M | -$4.33M | -$8.63M | -$6.68M | -$2.71M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$2.69M | -$12.95M | -$3.14M | -$4.33M | -$8.63M | -$6.68M | -$1.13M |
| Net Income Margin | - | - | - | - | - | - | - |
| Supplementary Data | |||||||
| EPS | -0.03 | -0.19 | -0.06 | -0.09 | -0.18 | -0.18 | -0.04 |
| Diluted EPS | -0.03 | -0.19 | -0.06 | -0.09 | -0.18 | -0.18 | -0.04 |
| Weighted Average OS | 132.06M | 95.03M | 72.76M | 68.13M | 67.92M | 51.09M | 44.98M |
| EBITDA | -$2.87M | -$10.16M | -$2.63M | -$4M | -$7.75M | -$4.53M | -$2.7M |
| EBITDA Margin | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $7.49M | $3.86M | $8M | $11.15M | $15.43M | $20.97M | $2.8M |
| Short-Term Investments | $870K | $61K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $8.36M | $3.93M | $8M | $11.15M | $15.43M | $20.97M | $2.8M |
| Accounts Receivable | $217K | $327K | $39K | $25K | $44K | $158K | $14K |
| Inventory | $0 | $0 | -$39K | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $39K | $0 | $0 | $0 | $1.94M |
| Total Current Assets | $8.66M | $4.29M | $8.15M | $11.24M | $15.57M | $21.31M | $4.76M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $13.59M | $13.54M | $5.1M | $724K | $808K | $926K | $522K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.18M | $1.26M | $1.51M | $49K | $43K | $24K | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $46K | $45K | $48K | $0 | $0 | $428K | $0 |
| Total Long-Term Assets | $14.82M | $14.84M | $6.65M | $773K | $850K | $1.38M | $522K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $23.48M | $19.13M | $14.8M | $12.01M | $16.42M | $22.69M | $5.28M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $1.46M | $923K | $92K | $70K | $106K | $425K | $9K |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $10K | $21K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | -$425 | $0 |
| Other Current Liabilities | $0 | $420K | $243K | $124K | $44K | $37K | $2.01M |
| Total Current Liabilities | $1.62M | $1.52M | $335K | $168K | $280K | $564K | $2.04M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $39K | $62K |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $65K | $62K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.62M | $1.52M | $335K | $168K | $280K | $629K | $2.1M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $59.06M | $45.97M | $34.52M | $28.8M | $28.64M | $28.64M | $1.84M |
| Retained Earnings | -$44.84M | -$36.71M | -$23.91M | -$20.76M | -$16.43M | -$7.81M | -$1.13M |
| Comprehensive Income & Other | -$190K | -$77K | -$67K | -$53K | $20K | $88K | -$2K |
| Other Stockholders' Equity | $7.97M | $8.5M | $3.85M | $3.81M | $3.93M | $1.23M | $2.47M |
| Total Equity | $22.19M | $17.76M | $14.47M | $11.84M | $16.14M | $22.06M | $3.18M |
| Minority Interest | -$331K | -$148K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $23.81M | $19.28M | $14.8M | $12.01M | $16.42M | $22.69M | $5.28M |
| Supplementary Data | |||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $36K | $21K |
| Net Debt | -$7.49M | -$3.86M | -$8M | -$11.15M | -$15.43M | -$20.93M | -$2.78M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$2.9M | -$12.95M | -$3.14M | -$4.33M | -$8.63M | -$6.68M | -$1.13M |
| Depreciation & Amortization | $30K | $45K | $67K | $77K | $123K | $67K | $3K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$71K | $0 | -$22K |
| Stock-Based Compensation | $1.49M | $4.69M | $0 | $18K | $2.77M | $742K | $2K |
| Changes in Working Capital: | |||||||
| Accounts Receivable | $110K | -$45K | -$14K | $18K | $114K | -$133K | -$14K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$56K | $1.12M | -$461K | -$44K | -$172K | $81K | $24K |
| Total Working Capital Change | $54K | $1.07M | -$475K | -$25K | -$58K | -$53K | $10K |
| Other Non-Cash Items | -$9.37M | $1.3M | -$12K | $5K | $15K | $694K | $884K |
| Net Cash from Operating | -$10.69M | -$5.84M | -$3.56M | -$4.25M | -$5.85M | -$5.23M | -$250K |
| Investing Activities | |||||||
| Capital Expenditures | -$377K | -$623K | -$306K | -$84K | -$201K | -$700K | -$83K |
| Acquisitions | $1.01M | -$985K | $21K | $0 | $167K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$7K | -$18K | $0 | $0 |
| Sales of Investments | $669K | $0 | $0 | $0 | -$148K | $0 | $0 |
| Other Investing Activities | $1.81M | $23K | $443K | $0 | $565K | -$380K | $0 |
| Net Cash from Investing | $3.11M | -$1.58M | $157K | -$90K | $365K | -$1.08M | -$83K |
| Financing Activities | |||||||
| Debt Repaid | - | - | - | - | $9K | $29K | - |
| Common Stock Issuance | $12.08M | $3.36M | $271K | $91K | $0 | $16.29M | $5.21M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$899K | -$61K | -$23 | $806 | $0 | $6.25M | -$138K |
| Net Cash from Financing | $11.18M | $3.3M | $271K | $92K | -$9K | $22.51M | $5.07M |
| Forex Effect | $28K | -$6K | -$17K | -$31K | -$40K | $23K | $0 |
| Net Change in Cash | $3.63M | -$4.13M | -$3.15M | -$4.28M | -$5.53M | $16.23M | $4.74M |
| Supplementary Data | |||||||
| Operating Cash Flow | -$10.69M | -$5.84M | -$3.56M | -$4.25M | -$5.85M | -$5.23M | -$250K |
| Capital Expenditure | -$377K | -$623K | -$306K | -$84K | -$201K | -$700K | -$83K |
| Free Cash Flow | -$11.07M | -$6.46M | -$3.87M | -$4.34M | -$6.05M | -$5.93M | -$333K |
| Cash at Beginning | $3.86M | $8M | $11.15M | $15.43M | $20.97M | $4.74M | $633 |
| Cash at End | $7.49M | $3.86M | $8M | $11.15M | $15.43M | $20.97M | $4.74M |