Petrolympic Ltd. (PCQRF)
Petrolympic Ltd. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Toronto, ON, CA. The stock last traded at $0.07, down 22.58% on the session, giving a market capitalisation of $10.6M. On trailing twelve-month figures it carries a trailing P/E of -13.94, a net margin of 0.0%. Its beta of -0.11 implies it has historically moved less than the broad market.
Petrolympic Ltd. specializes in identifying, assessing, and bringing to production gold, petroleum, and natural gas reserves throughout the United States and Canada. The company's hydrocarbon portfolio features full ownership of approximately 55,951 hectares located in the St. Lawrence Lowlands and Gaspe Peninsula. It also wholly owns the Mitis and Matapedia properties, which together encompass 41,014 hectares. Additionally, Petrolympic holds a 30% stake in 216,933 hectares developed in partnership with Ressources et Energie Squatex, targeting the Utica Fairway and the underlying Trenton-Black River carbonates. A further 30% interest is maintained in about 431,160 hectares through a joint venture with Squatex, and the company has a 12% share in an 8,000-hectare land package, secured via an agreement with Canbriam Energy. In terms of gold assets, Petrolympic possesses the Vauquelin gold property, comprising 31 adjacent claims spanning 1,784 hectares, situated to the east of Quebec's Val d'Or mining camp. Another key holding is the Evangelic Lake Gold property in Ontario, which consists of 24 mining claims covering 600 hectares, located southwest of Espanola. Moreover, the company has formalized agreements to acquire complete ownership of two additional gold properties: the Belcourt Gold property, which includes 125 claims across 5,479 hectares near Val d'Or, Quebec; and the Rayon d'Or gold property, made up of two connected claims totaling 285.9 acres, also found east of the Val d'Or mining camp in Quebec. Petrolympic Ltd.'s primary office is situated in Toronto, Canada.
Petrolympic Ltd. is most often compared with the following Energy names: