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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Post by Investieson Aug 01, 2018 12:42pm
132 Views
Post# 28398555

Crazy day

Crazy dayHonestly blows my mind this stock is breaking under 1.00. Use to be invested, sold in December but always contemplate coming back in. Sitting on large cash, low all in sustaining cost, 120+ consistent ounces yearly with potential for 160k In the future. Low PE ratio. I get that gold is in a slump, but why is the market undervaluing this company's assets so much? Generally really curious. Does anyone have an opinion on why this company seems to be on the low side?
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