Thursday , 21 November 2024

5 Junior Gold Stocks with Attractive Price-to-Book Ratios

Today’s article identifies 5  junior gold stocks that are currently trading at a large discount to their peer group in terms of Price/Book Value and, based on that metric, could well represent good value.

The comments above and below are excerpts from an article from SmallCapPower.com which has been edited ([ ]) and abridged (…) to provide a faster and easier read.

SciVac

1. Banro Corp. (TSE:BAA) – $0.475
Gold

Banro Corporation (Banro) is a gold mining company that, through its subsidiaries, holds interests in various gold properties, including Twangiza, Namoya, Lugushwa and Kamituga. The Company is focused on production from the Twangiza gold mine in the Democratic Republic of the Congo (DRC). Its properties, totaling approximately 2,610 square kilometers, are covered by a total of over 10 exploitation permits or mining licenses.

  • Market Cap : 142,817,539
  • Revenues : 236,752,787
  • Operating Income : -34,916,442
  • P/BV : 0.284

SciVac2. Monument Mining Ltd. (CVE:MMY) – $0.14
Gold

Monument Mining Limited is a Canada-based gold production and mining asset development company that owns and operates Selinsing Gold Mine, and has a gold portfolio of the Selinsing, Buffalo Reef and Famehub projects in Pahang State within the Central Gold Belt of Western Malaysia, and the Murchison and Tuckanarra Gold Projects in Western Australia. It also owns Mengapur Polymetallic Project in Pahang State, Malaysia.

  • Market Cap : 44,958,896
  • Revenues : 37,698,551
  • Operating Income : 8,483,643
  • P/BV : 0.140

SciVac3. Spanish Mountain Gold Ltd. (CVE:SPA) – $0.195
Gold

Spanish Mountain Gold Ltd. is an exploration-stage company that is engaged in the acquisition, exploration and development of mineral properties. Its primary asset is the Spanish Mountain property, which is located in the Cariboo region of central British Columbia, approximately six kilometers east of the village and over 66 kilometers northeast of the City of Williams Lake. The Spanish Mountain gold deposit is classified as a sediment-hosted vein (SHV) deposit. The Spanish Mountain Project is entering the pre-production phase of its development.

  • Market Cap : 39,896,686
  • Revenues : –
  • Operating Income : – 549,730
  • P/BV : 0.565

SciVac4. Orosur Mining Inc. (TSE:OMI) – $0.335
Gold

Orosur Mining Inc. (Orosur) is a Canada-based gold producer and exploration company that is focused on identifying and developing mineral opportunities. The Company operates in Uruguay, Chile and Colombia. In Uruguay, the Company operates the San Gregorio gold areas in the northern Department of Rivera.

  • Market Cap : 33,119,842
  • Revenues : 56,856,042
  • Operating Income : -4,027,835
  • P/BV : 0.786

SciVac5. Primero Mining Corp. (TSE:P) – $2.33
Gold

Primero Mining Corp is a Canada-based precious metals producer that is active in Canada and Mexico. The Company focuses on gold, silver and copper development projects, and its portfolio of operating mines, as well as development-stage and exploration projects comprises San Anton, Ventanas, San Dimas Mine and Cerro del Gallo in Mexico, and Black Fox Mine and Grey Fox Project in Canada.

  • Market Cap : 387,736,232
  • Revenues : 346,812,766
  • Operating Income : -147,270,187
  • P/BV : 0.456

Disclosure: The above article has been edited ([ ]) and abridged (…) by the editorial team at munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.
“Follow the munKNEE” on Facebook, on Twitter or via our FREE bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner)