PCY.TO - Prophecy Development Corp.

Toronto - Toronto Delayed Price. Currency in CAD
0.1950
-0.0200 (-9.30%)
At close: 3:58PM EDT
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Previous Close0.2150
Open0.2100
Bid0.1950 x 0
Ask0.2000 x 0
Day's Range0.1900 - 0.2100
52 Week Range0.1100 - 0.7400
Volume153,241
Avg. Volume112,863
Market Cap18.684M
Beta (3Y Monthly)-7.21
PE Ratio (TTM)N/A
EPS (TTM)-0.1200
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.23
  • ACCESSWIRE

    Prophecy Appoints Marc Leduc as Independent Director

    VANCOUVER, BC / ACCESSWIRE / July 23, 2019 / Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the appointment of Marc Leduc, P.Eng. Marc Leduc is a mining engineer and geologist with more than 30 years’ experience involving all aspects of the development, operations, planning and evaluation of mining projects. Mr. Leduc holds a B.Sc.

  • ACCESSWIRE

    Prophecy to Submit Key State Permit Applications by end of Q3 2019 for Its Gibellini Vanadium Project

    VANCOUVER, BC / ACCESSWIRE / July 19, 2019 / Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to update its objectives for the second half of 2019 for its Gibellini Vanadium Project (the “Gibellini Project”). With the submittal of its updated Plan of Operations/Reclamation Permit Application to the Bureau of Land Management, Mount Lewis Field Office (the “BLM”) and the Nevada Division of Environmental Protection (“NDEP”) on June 28, 2019 and appointment of the National Environmental Policy Act (“NEPA”) contractor, SWCA Environmental Consultants (“SWCA”) to prepare the Environmental Impact Statement (“EIS”) for the Gibellini Vanadium Project, Prophecy is moving forward to submit the key Nevada state permit applications required for project construction by the end of the third quarter 2019.

  • ACCESSWIRE

    Prophecy's Ulaan Ovoo Achieves Record Monthly Coal Production 37,800 tonnes in Mongolia

    VANCOUVER, BC / ACCESSWIRE / July 9, 2019 / Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) announces that the Company’s Mongolian Ulaan Ovoo mine achieved record monthly coal production of 37,800 tonnes in June of this year. As reported in the Company news releases dated March 18, 2019 and October 16, 2018, the Company executed a lease agreement (the “Lease”) with an arms-length private Mongolian company (the “Lessee”) whereby the Lessee performs mining operations at Prophecy’s Ulaan Ovoo coal mine, and will pay Prophecy $2 (the “Production Royalty”) for every tonne of coal shipped from the Ulaan Ovoo site premises.

  • ACCESSWIRE

    Prophecy Submits Enhanced Plan of Operations for its Gibellini Vanadium Project On Schedule

    VANCOUVER, BC / ACCESSWIRE / July 8, 2019 / Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to announce the submission of its updated Plan of Operations (the “POO”) through the Company’s US subsidiary for its 100% owned Gibellini vanadium project (the “Gibellini Project”) to the United States Department of the Interior, Bureau of Land Management, Mount Lewis Field Office (the “BLM”) and the Reclamation Permit Application to the Nevada Division of Environmental Protection, Bureau of Mining Regulation and Reclamation (the “BMRR”). The POO which was submitted on schedule and prepared under budget, incorporated data and information from a number of consulting companies that are working on the project.

  • ACCESSWIRE

    Exclusive Interview: Prophecy Development Corp. Executive Chairman John Lee Discusses North America’s Most Advanced Vanadium Project

    TORONTO, ON / ACCESSWIRE / July 8, 2019 / Junior Mining Network host Cory Fleck interviews Prophecy Development Corp. (PCY.TO) (PRPCF) Executive Chairman John Lee to discuss the Gibellini Vanadium Project and its path forward to potential production in 2022. The 2018 Gibellini Preliminary Economic Assessment (PEA) outlined a 13.5-year mine life that returned a robust $338 million Net Present Value (NPV @ 7%) and 50.8% Internal Rate of Return (IRR). With a quick payback period of less than 2 years and requiring only $116 million in initial capital expenditures, the Gibellini operation could quickly become a significant global vanadium producer yielding an average of 9.65 million pounds of vanadium annually.

  • ACCESSWIRE

    Prophecy Gibellini Vanadium Project: Independent Contractor Appointed to Prepare Environmental Impact Statement

    VANCOUVER, BC / ACCESSWIRE / June 19, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to announce the appointment of a third party National Environmental Policy Act (NEPA) contractor, SWCA Environmental Consultants (SWCA), to work under the direction of the Bureau of Land Management (BLM) per the provisions of a Memorandum of Understanding between SWCA Environmental Consultants, BLM and Nevada Vanadium, LLC (previously Gibellini Vanadium, LLC.), a wholly owned subsidiary of Prophecy Development Corp., to prepare the Environmental Impact Statement (EIS) for the Gibellini Vanadium Project located in Eureka County, Nevada, USA and assist the BLM in the maintenance of the administrative record. The Gibellini EIS will be one of the first mining EIS's done under Secretarial Order 3355 ("SO 3355") that mandates the Final EIS cannot exceed 150 pages in length and must be completed within one year of the publication date of the Notice of Intent (NOI) for the EIS in the Federal Register.

  • ACCESSWIRE

    Prophecy Announces Annual General Meeting

    VANCOUVER, BC / ACCESSWIRE / May 27, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that its Annual General Meeting ...

  • Such Is Life: How Prophecy Development (TSE:PCY) Shareholders Saw Their Shares Drop 65%
    Simply Wall St.

    Such Is Life: How Prophecy Development (TSE:PCY) Shareholders Saw Their Shares Drop 65%

    We think intelligent long term investing is the way to go. But no-one is immune from buying too high. For example the...

  • ACCESSWIRE

    Prophecy Grants Incentive Stock Options and Bonus Shares

    VANCOUVER, BC / ACCESSWIRE / May 2, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) announces pursuant to the Company's 2016 Share-Based Compensation Plan as amended, the Company has granted to an officer of the Company 500,000 sign-on bonus shares and 500,000 incentive stock options exercisable at a price of $0.21 per Common share for a term of five years expiring on April 1, 2024 and which vest at 12.5% per quarter for the first two years following the date of grant. Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. Such forward-looking statements, which reflect management's expectations regarding Prophecy's future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.

  • ACCESSWIRE

    Prophecy Outlines Mining Permit and Proposed Construction Schedule at Gibellini Vanadium Project in Nevada

    VANCOUVER, BC / ACCESSWIRE / May 1, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to announce that the Company has received guidance regarding expected permitting timelines following Prophecy meeting with regulators in late April 2019. The Company estimates Q1 2020 as the target date for publication of the Notice of Intent ("NOI") to prepare an Environment Impact Statement ("EIS") in the Federal Register. Upon receipt of a positive ROD and issuance of Nevada State permits, Prophecy plans to start mine construction in 2021 and begin vanadium production by Q4 2022.

  • ACCESSWIRE

    Prophecy Submits Enhanced Baseline Studies for Gibellini Vanadium Project in Nevada

    VANCOUVER, BC / ACCESSWIRE / April 16, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to announce that it has submitted, through its wholly owned US subsidiary, the requisite baseline studies for its Gibellini Vanadium Project located in Eureka County, Nevada, USA to both the Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection (NDEP). In consultation with the BLM and NDEP, Prophecy is working with contractors to collect supplemental baseline data that will update and confirm the existing data sets.

  • ACCESSWIRE

    Prophecy Discovers Multiple Vanadium Surface Mineralization at Gibellini

    VANCOUVER, BC / ACCESSWIRE / March 26, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to announce vanadium assay ...

  • ACCESSWIRE

    Prophecy Announces Ulaan Ovoo Mine Start and Coal Sales in Mongolia

    VANCOUVER, BC / ACCESSWIRE / March 18, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces Mongolian Ulaan Ovoo Mine start up in March and approximately 21,000 tonnes of coal production and sales. Prophecy is pleased with the rate of progress and plans to report quarterly sales and operational update. With nameplate production capacity of 2 million tonnes per year, Ulaan Ovoo is a fully-permitted large coal field featuring a single, massive coal seam of 40 to 80 metre thickness outcropping at surface with a low strip ratio carrying minimal technical risk.

  • ACCESSWIRE

    Michael Doolin Appointed as Prophecy Chief Operating Officer and Interim Chief Executive Officer

    VANCOUVER, BC / ACCESSWIRE / March 7, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the appointment of Michael Doolin as the Company's Chief Operating Officer and interim Chief Executive Officer, effective April 1, 2019. In this role, Mr. Doolin will manage Prophecy's worldwide operations while collaborating with Prophecy's executive chairman John Lee on investor marketing, fundraising and the Company's overall strategic direction. Mr. Doolin is a mining professional with over 30 years of operational and management experience in Nevada with an emphasis on planning and budgeting.

  • ACCESSWIRE

    Prophecy Announces Resignation of Chief Executive Officer

    VANCOUVER, BC / ACCESSWIRE / February 19, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) today announced that Gerald Panneton has resigned as the President & Chief Executive Officer and as a director of the Company effective February 15, 2019. The Company thanks Gerald for his service and wishes him the best in his future endeavours. John Lee, Chairman and former Chief Executive Officer of the Company, has been appointed to serve as Interim President & Chief Executive Officer.

  • ACCESSWIRE

    Prophecy's Upcoming Drill Program to Increase Current Resources of Gibellini Vanadium Project in Nevada with Wood (AMEC)

    VANCOUVER, BC / ACCESSWIRE / February 14, 2019 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) announces that it has retained Amec Foster Wheeler E&C Services Inc. (Wood) to undertake updating of the mineral resource and mining section for the Company's upcoming Feasibility Study ("FS") to be completed to the standards of National Instrument 43-101 ("NI 43-101") for its Gibellini vanadium project located in Nevada, USA. Gibellini is the most advanced primary vanadium deposit in the United States, with a contained NI 43-101 compliant combined measured and indicated resource of 22.95 million tons at 0.286% V2O5 (technical report filed on SEDAR titled "Gibellini Vanadium Project, Eureka County, Nevada, NI 43-101 Technical Report on Preliminary Economic Assessment" effective May 29, 2018).

  • ACCESSWIRE

    Prophecy's Gibellini Vanadium Project 2019 Program: Solid Objectives for Advancing the Project

    VANCOUVER, BC / ACCESSWIRE / January 21, 2019 / Prophecy Development Corp. ("Prophecy" or the"Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to provide a project update for its Gibellini vanadium project, located in Eureka County, Nevada, USA. The Company's objective for 2019 is to continue advancing its flagship vanadium project towards development and production. Gibellini is the most advanced primary vanadium deposit in the United States, with a contained NI 43-101 compliant combined measured and indicated resource of 22.95 million tons at 0.286% V2O5 (technical report filed on SEDAR titled "Gibellini Vanadium Project, Eureka County, Nevada, NI 43-101 Technical Report on Preliminary Economic Assessment" effective May 29, 2018), and vanadium is a product classified as a strategic metal by the US Government.

  • Who Has Been Buying Prophecy Development Corp. (TSE:PCY) Shares?
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    Who Has Been Buying Prophecy Development Corp. (TSE:PCY) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices Read More...

  • ACCESSWIRE

    Prophecy Has Initiated Detailed Engineering with M3 and also Receives $1.338 Million from Warrant Exercises

    VANCOUVER, BC / ACCESSWIRE / December 18, 2018 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2N) is pleased to announce that since October 31, 2018, it has received additional gross aggregate proceeds of $1,338,168 from the exercise of 3,445,420 previously outstanding warrants (the "Warrants"). This is in addition to the previously announced bought deal prospectus offering of $5.52 million per the Company's news release of November 22, 2018. The Company also announces that, further to its previous news release dated August 15, 2018, the Company has selected M3 Engineering & Technology Corporation ("M3") of Tucson, Arizona to provide engineering, procurement, construction and management services (EPCM) for its Gibellini Vanadium Project in response to its Request for Proposal.

  • ACCESSWIRE

    Prophecy Development Corp. Announces Closing of C$5.52 Million Bought Deal Financing

    VANCOUVER, BC / ACCESSWIRE / November 22, 2018 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that it has closed its previously announced bought deal financing for aggregate gross proceeds of C$5,520,000 (the "Offering"). The net proceeds of the Offering will be used to continue exploration and advance development and permitting of the Company's Gibellini Vanadium Project and for general corporate purposes. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or under any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

  • CNW Group

    IIROC Trade Resumption - PCY

    IIROC Trade Resumption - PCY

  • GlobeNewswire

    Prophecy Development Corp. Announces C$5.5 Million Bought Deal Financing

    Prophecy Development Corp. (“Prophecy” or the “Company”) announced today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on a bought deal basis 12,000,000 common shares of the Company (the “Common Shares”), at a price of $0.46 per Common Share for gross proceeds of approximately $5.5 million (the “Offering”). The Offering is expected to close on or about November 22, 2018 and is subject to Prophecy receiving all necessary regulatory approvals.

  • CNW Group

    IIROC Trading Halt - PCY

    IIROC Trading Halt - PCY

  • ACCESSWIRE

    Prophecy Appoints Ron Espell as VP, Environmental and Sustainability to Lead Gibellini Vanadium Project’s Permitting

    VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / October 29, 2018 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce the appointment of Ron Espell as the Company's Vice-President, Environmental and Sustainability, effective November 14, 2018, to lead the environmental permitting efforts for the Gibellini vanadium project ("Gibellini"). Mr. Espell will report to Gerald Panneton, the Company's President and CEO.

  • ACCESSWIRE

    Prophecy Received US$100,000 of Advance Royalty Payment from Ulaan Ovoo Mine Lease, Lessee Eyeing Mine Start

    VANCOUVER, BC / ACCESSWIRE / October 16, 2018 / Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY, OTCQX:PRPCF, Frankfurt:1P2N) is pleased to announce that the Company has executed a lease agreement (the "Lease") with an arms-length private Mongolian company (the "Lessee") whereby the Lessee plans to perform mining operations at Prophecy's Ulaan Ovoo coal mine, and will pay Prophecy US$2 (the "Production Royalty") for every tonne of coal shipped from the Ulaan Ovoo site premises.