Monday , 6 December 2021

High Free Cash Flows Make These 5 Gold Stocks “Kings of Cash”! (+2K Views)

‘Cash is King’ for the 5 TSX gold stocks on our list today as these junior miners run their operations with positive cash flow, no easy task in the gold mining industry. In addition, each company has a strong balance sheet, which means more options for growth, whether it be through a strategic acquisition or through capital expansion.

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1. Centerra Gold Inc. (TSX: CG)(CAGDF) – $6.68 Canadian

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.

Its Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine. It’s 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 (Luxembourg), Centerra Exploration B.V. (CEBV) (The Netherlands), and Oksut Madencilik Sanayi Ve Tkaret A.S. (Turkey), which operates Oksut Project.

  • Market Cap: $1,946 million CAD
  • Total Revenue (LTM): $798 million CAD
  • Total Debt (FQ0): $128.68 million CAD
  • Free Cash Flow (FY0): $123,024,630.00 CAD

2. Semafo Inc. (TSX: SMF)(SEMFF) – $4.83 Canadian

SEMAFO Inc. is a Canada-based mining company. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations.

Its properties include Mana project, which is located in Burkina Faso that includes the satellite Siou and Fofina deposits; Natougou advanced gold deposit, which is located approximately 320 kilometers east of Ouagadougou, and consists of a drill database of over 170 diamond, 625 multi-purpose (reverse-circulation (RC) pre-collar and core tail) and 550 RC drill holes; Banfora project, which is located approximately 200 kilometers south west of Mana, and Nabanga project, which is located approximately 250 kilometers south-east of Ouagadougou.

  • Market Cap: $1,569 million CAD
  • Total Revenue (LTM): $402 million CAD
  • Total Debt (FQ0): $74.58 million CAD
  • Free Cash Flow (FY0): $96,542,813.20 CAD

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3. Alacer Gold Corp. (TSX: ASR)(ALIAF ) – $2.47 Canadian

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.

The Company has an interest in the Copler Gold Mine in Turkey. As well, its Copler Sulfide Expansion Project is a gold exploration project located in east-central Turkey.

  • Market Cap: $721 million CAD
  • Total Revenue (LTM): $205 million CAD
  • Total Debt (FQ0): 0.00
  • Free Cash Flow (FY0): $59,664,123.20 CAD

4. Kirkland Lake Gold Ltd. (TSX: KL)(NMKTD) – $8.40 Canadian

Kirkland Lake Gold Ltd. is a Canada-based gold mining, development and exploration company.

It owns operating mines that include the Fosterville Gold Mine (Fosterville), the Stawell Gold Mine, and the Cosmo Gold Mine in Australia.

  • Market Cap: $1,705 million CAD
  • Total Revenue (LTM): $362 CAD
  • Total Debt (FQ0): $7.73 million CAD
  • Free Cash Flow (FY0): $28,243,795.76 CAD

5. Argonaut Gold Inc. (TSX: AR)(ARNGF ) – $2.69 Canadian

Argonaut Gold Inc. is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America.

It owns the producing El Castillo mine in the State of Durango, Mexico; the producing La Colorada mine in the State of Sonora, Mexico; the advanced exploration-stage San Antonio property in the State of Baja California Sur, Mexico; the advanced exploration-stage Magino property in the Province of Ontario, Canada; the advanced exploration-stage San Agustin property located approximately 10 kilometers from the El Castillo mine in the State of Durango, Mexico, and various other exploration stage projects, all of which are located in North America.

  • Market Cap: $428 million CAD
  • Total Revenue (LTM): $187 million CAD
  • Total Debt (FQ0): $1.96 million CAD
  • Free Cash Flow (FY0): $27,389,502.00 CAD
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