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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

Comment by bobvee15on Jan 31, 2019 2:35pm
158 Views
Post# 29302803

RE:RE:Interest rates

RE:RE:Interest ratesPersonally, I think there is some hope here for a swing trade given the oversold condition, current lowball forward valuation from many accounting metric comps like EV/EBITDA and likely a reversal in trend from headgrade improvements and production growth with the new ore from Bagassi South but it likely will be a one year phenomenon at most. I think what has contributed the most to the woes of its stock price is simple: the headgrade expectations and therefore AISCs are not meeting feasibility study projections and the firm is being penalized for these lies.
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