Stock data
| Market cap. | C$3.5m |
| Last close | C$0.03 |
| High / Low (52 weeks) | C$0.1 / C$0.0 |
| Stock market listing | TSX |
| Forecast net debt (US$m) | 0.3 |
| Forecast gearing ratio (%) | 4 |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (41.67) | (30) | (73.08) |
| Relative * | (38) | (22.83) | (68.17) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (US$m) | EBITDA (US$m) | PBT (US$m) | EPS (fd) (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2009A | 0.0 | (0.3) | (0.4) | (0.7) | N/A | N/A |
| 2010A | 0.0 | (1.0) | (1.1) | (1.2) | N/A | N/A |
| 2011E | 0.0 | (1.0) | (1.0) | (1.1) | N/A | N/A |
| 2012E | 0.0 | (1.0) | (1.0) | (1.2) | N/A | N/A |
Last updated on 26/03/2012
Latest research
Turkey drilling approved
Flash note | Mining | 08/11/2011
Site visit and update
Update | Mining | 17/10/2011
Gold junior in the making
Outlook | Mining | 17/08/2011
Investment summary
Frontline Gold recently announced signing of a drill contract for up to 3,000m to test a number of priority epithermal gold targets on its Menderes project in western Turkey. Initial diamond drilling will focus on extending the Kokarpinar vein, which is a known gold-bearing epithermal vein system. Access roads and drill sites have been prepared and drilling is expected to start once further equity financing is secured. A new vein system has been identified with strong iron oxide alteration and widely disseminated sulphide minerals in the southern portion of the Menderes project. Proceeds from the upcoming placement will also be used to continue exploration the company’s Poly and Stewart base metal projects in British Columbia, Canada.
Last updated on 29/03/2012
Industry outlook
Continuing monetary easing and corresponding dollar weakening should keep gold price at the elevated levels. Strong gold demand should support the share price.
Last updated on 29/03/2012
Key management
| Walter Henry, CEO |
Company address
| Suite 1102 67 Yonge Street Toronto Ontario M5E 1J8 Canada (416) 414-5825 View website |
