Pirate Gold Corp, a company listed on the OTC under the ticker PGR, has been navigating the challenging waters of the resource-exploration sector. As of February 11, 2026, the company’s stock closed at 0.33 CAD, reflecting a slight increase from its previous close of 0.28 CAD. Over the past year, the stock has experienced significant volatility, trading between a low of 0.02627 CAD on April 29, 2025, and a high of 0.31 CAD on January 25, 2026. This 12-month range underscores the inherent uncertainties and speculative nature of the exploration industry.
The company’s financial metrics reveal a challenging landscape. With a negative price-to-earnings ratio of -29.82, Pirate Gold Corp is currently not generating sufficient earnings to cover its share price, a common scenario for companies in the early stages of exploration. This negative ratio indicates that the company is either incurring losses or has minimal earnings, which is not uncommon for firms focused on discovery and development rather than production.
Despite these financial challenges, the market has valued Pirate Gold Corp at nearly 20 times its book value, as evidenced by its price-to-book ratio of 19.9528. This relatively high multiple suggests investor optimism about the company’s potential to uncover valuable resources, particularly given its focus on the Treasure Island Project. The project remains a focal point for the company, as highlighted in a press release dated December 19, 2025, which detailed ongoing consolidation efforts and a drilling update.
Pirate Gold Corp’s market capitalization stands at 142,760,000 CAD, positioning it as a modest player within the materials sector. The company’s operations are primarily centered on exploration activities, with no recent updates beyond the aforementioned press release. This lack of recent news may contribute to the stock’s volatility, as investors often react to new information in the resource-exploration sector.
In summary, Pirate Gold Corp is a company with a high-risk, high-reward profile typical of the exploration industry. Its financial metrics reflect the challenges of operating without current production, while its market valuation indicates a degree of investor confidence in its future prospects. As the company continues to focus on the Treasure Island Project, stakeholders will be closely monitoring any developments that could impact its financial trajectory and market position.
