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Bullboard - Stock Discussion Forum 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... see more

TSX:ROXG - Post Discussion

Roxgold Inc. > 2023 P/E ratio 2.4
View:
Post by templetooth2 on Mar 26, 2021 3:17pm

2023 P/E ratio 2.4

Things never quite turn out so rosy as analysts expect but Canaccord put out an update yesterday in response to things moving forward at Seguela.

Gross gold production (including gov't share) goes from 126,000 oz this year to 246,000 in 2023.
Revenue is $247 million (US) this year, going to $490 million in 2023 ($2014/oz Au )
Adjusted net income from $39 million to $178 million.  Gulp!

Take 2 aspirin and buy some more. You're welcome.
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