Many investors live by the saying – “Cash is King.” The gold sector should be no exception as those gold miners that are able to bring in positive cash flow from their operations, while at the same time using some of it towards capital expansion, are the ones that are likely to appreciate most in value and price. This could apply to the five gold stocks on our list today.
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.
1. Centerra Gold Inc. (TSE:CG) – $7.29
Gold
Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company’s exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc. Its Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine. Its Mongolian segment includes Centerra Gold Mongolia LLC (CGM) (Mongolia), which operates ATO Project and Gatsuurt Project, and Boroo Gold LLC (BGC) (Mongolia), which operates Boroo Mine. Its Turkish segment includes Centerra Luxembourg Holdings S.ar.L (Luxembourg), Centerra Exploration B.V. (CEBV) (The Netherlands), and Oksut Madencilik Sanayi Ve Tkaret A.S. (Turkey), which operates Oksut Project. Its Canadian segment includes Hearts Peak Project and Greenstone Gold Mines (Canada).
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Market Cap: 1,764,248,730
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Revenues: 638,523,716
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Free Cash Flow: 41,348,417
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Total Debt: 96,487,079
2. Alacer Gold Corp. (TSE:ASR) – $3.37
Gold
Alacer Gold Corp. (Alacer) is an intermediate gold mining company that operates in the segment of mining, development and exploration of mineral deposits in Turkey. The Company’s principal products are gold, copper and silver. Alacer has an interest in the Copler Gold Mine in Turkey.
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Market Cap: 983,836,792
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Revenues: 279,991,758
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Free Cash Flow: 23,095,427
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Total Debt: 0
3. Newmarket Gold Inc. (TSE:NMI) – $3.93
Gold
Newmarket Gold Inc. is a gold mining, development and exploration company that owns over three operating mines, which include the Fosterville Gold Mine (Fosterville) and the Stawell Gold Mine in the State of Victoria and the Cosmo Gold Mine. It has a production capacity to produce over 200,000 ounces of gold annually from its approximately three Australian mines.
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Market Cap: 215,285,203.21
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Revenues: 329,946,108
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Free Cash Flow: 19,404,773
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Total Debt: 2,022,122
4. Primero Mining Corp. (TSE:P) – $3.16
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.
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Market Cap: 114,570,744.63
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Revenues: 354,152,862
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Free Cash Flow: 15,256,722
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Total Debt: 150,331,441
5. Golden Star Resources Ltd. (TSE:GSC) – $1.00
Gold
Golden Star Resources Ltd. is a gold mining and exploration company. The Company holds interest in the Wassa and Bogoso/Prestea gold mines in Ghana. In South America, the Company holds and manages exploration properties in Brazil.
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Market Cap: 428,734,732
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Revenues: 314,825,851
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Free Cash Flow: 8,917,864
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Total Debt: 166,075,384
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