Investing in small cap mining companies can be a risky game. The process of finding and extracting gold takes years, which leaves plenty of room for error, so why not buy a company that has an established cash flow?
The comments above & below are edited ([ ]) and abridged (…) excerpts from the original article written by SmallCapPower.com
Today we have identified four Canadian small cap gold mining stocks that have established revenue streams, and a high free cash flow yield.
(All figures in Canadian dollars)
1. Aura Minerals Inc. (TSX: ORA)
Gold
Aura Minerals Inc. is a Canada-based gold-copper production company focused on the operation and development of gold and copper projects in Honduras and Brazil…
- Market Cap: $55,843,791
- Total Revenue (LTM): $196,358,687
- Debt to Equity: 26.1%
- Free Cash Flow Yield: 43%
2. Alio Gold Inc. (TSX: ALO)
Gold
Alio Gold Inc., formerly Timmins Gold Corp, is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico…
- Market Cap: $259,222,640
- Total Revenue (LTM): $166,361,439
- Debt to Equity: 0.3%
- Free Cash Flow Yield: 20%
3. Metanor Resources Inc. (TSXV: MTO)
Gold
Metanor Resources Inc. is engaged in the acquisition, exploration and development of mining properties, as well as the commercial production of the ore reserves of its Bachelor Lake and Hewfran properties in Quebec, Canada…
- Market Cap: $71,387,132
- Total Revenue (LTM): $48,313,860
- Debt to Equity: 15.5%
- Free Cash Flow Yield: 16%
4. Premier Gold Mines Ltd. (TSX: PG)
Gold
Premier Gold Mines Limited is a Canada-based mineral exploration company focused on exploring for, and the development of, gold deposits within North America….
- Market Cap: $625,237,014
- Total Revenue (LTM): $150,510,220
- Debt to Equity: 14.9%
- Free Cash Flow Yield: 13%
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