GREY:HRIVF - Post by User
Post by
production05on Jun 17, 2009 1:58am
483 Views
Post# 16076539
HRG vs Peer Group (adjusted for cash & debt)
HRG vs Peer Group (adjusted for cash & debt)This started out as a basic analysis to prove a point. Another person and I decided to adjust the analysis for the impacts of cash and debt on the market cap of peer group members in order to make the analysis more rounded. One should note that the C$175.8M used for HRG in the analysis is at Q1'09 and is stated in Canadian dollars. With the recent debt payment, HRG's debt is currently US$106.5M.
I sometimes have problems posting this type of format on Stockhouse. It sometimes pushes the analysis way down to the buttom. You may have to scroll down if that happens this time also.
| High River Gold vs Russian African Peer Gold Mining Companies (C$) |
| | | | |
| | | | |
| High River Gold | | | | |
| $ 126,900,000 | Current Market Cap | | | |
| $ 25,000,000 | Cash & Equivalent | | | |
| $ 175,800,000 | Debt | | | |
| $ 277,700,000 | Adjusted Market Cap | | | |
| 69,118 | Oz Produced | | | |
| $ 4,018 | Adj. Market Cap/Oz Produced | | | |
| $ 22,729 | Peer Avg. Adj. Market Cap/Oz Produced | | |
| $ 1,570,963,780 | What Market Cap should be | | | |
| 590,200,000 | Shares out | | | |
| $ 2.66 | What Share Price should be | | | |
| | | | |
| Rand Gold Resources | | Red Back Mining | |
| $ 5,900,000,000 | Current Market Cap | | $ 2,100,000,000 | Current Market Cap |
| $ 282,100,000 | Cash & Equivalent | | $ 153,000,000 | Cash & Equivalent |
| $ 2,500,000 | Debt | | $ - | Debt |
| $ 5,620,400,000 | Adjusted Market Cap | | $ 1,947,000,000 | Adjusted Market Cap |
| 110,313 | Oz Produced | | 70,408 | Oz Produced |
| $ 50,950 | Adj. Market Cap/Oz Produced | | $ 27,653 | Adj. Market Cap/Oz Produced |
| | | | |
| Polymetal | | | Peter Hambro Mining |
| $ 3,200,000,000 | Current Market Cap | | $ 1,100,000,000 | Current Market Cap |
| $ 4,600,000 | Cash & Equivalent | | $ 30,000,000 | Cash & Equivalent |
| $ 359,300,000 | Debt | | $ 424,400,000 | Debt |
| $ 3,554,700,000 | Adjusted Market Cap | | $ 1,494,400,000 | Adjusted Market Cap |
| 134,841 | Oz Produced | | 107,400 | Oz Produced |
| $ 26,362 | Adj. Market Cap/Oz Produced | | $ 13,914 | Adj. Market Cap/Oz Produced |
| | | | |
| Semafo Inc. | | | Highland Gold | |
| $ 468,000,000 | Current Market Cap | | $ 341,000,000 | Current Market Cap |
| $ 23,200,000 | Cash & Equivalent | | $ 196,500,000 | Cash & Equivalent |
| $ 62,900,000 | Debt | | $ 175,100,000 | Debt |
| $ 507,700,000 | Adjusted Market Cap | | $ 319,600,000 | Adjusted Market Cap |
| 58,100 | Oz Produced | | 40,000 | Oz Produced |
| $ 8,738 | Adj. Market Cap/Oz Produced | | $ 7,990 | Adj. Market Cap/Oz Produced |
| | | | |
| Golden Star Resources | | Total Peers | |
| $ 495,700,000 | Current Market Cap | | $ 13,604,700,000 | Current Market Cap |
| $ 31,900,000 | Cash & Equivalent | | $ 721,300,000 | Cash & Equivalent |
| $ 139,500,000 | Debt | | $ 1,163,700,000 | Debt |
| $ 603,300,000 | Adjusted Market Cap | | $ 14,047,100,000 | Adjusted Market Cap |
| 96,971 | Oz Produced | | 618,033 | Oz Produced |
| $ 6,221 | Adj. Market Cap/Oz Produced | | $ 22,729 | Peer Avg. Adj. Market Cap/Oz Produced |
| | | | |
| Notes: | | | | |
| 1.Market cap is as of June 15, 2009. | | | |
| 2.All financial is as of ned of Q1 2009, except for Polymetal, Peter Hambro Mining and Highland Gold |
| where Q4’08 financial data was used as Q 1 not release yet. | | |
| 3. Data for Highland Gold uses 2009 production target. |