Stock data
| Market cap. | C$218.8m |
| Last close | C$0.23 |
| High / Low (52 weeks) | C$0.6 / C$0.2 |
| Stock market listing | TSX |
| Forecast net debt (US$m) | 41.3 |
| Forecast gearing ratio (%) | 32 |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (18.97) | (41.25) | (47.19) |
| Relative * | (13.87) | (35.24) | (37.56) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (US$m) | EBITDA (US$m) | PBT (US$m) | EPS (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 71.4 | (18.0) | (85.3) | (12.9) | N/A | N/A |
| 2011A | 105.1 | (34.0) | (70.2) | (7.5) | N/A | 3.5 |
| 2012E | 262.6 | 73.6 | 64.6 | 7.0 | 3.3 | 8.3 |
| 2013E | N/A | N/A | N/A | N/A | N/A | N/A |
Last updated on 20/04/2012
Latest research
The golden asset
Outlook | Mining | 17/08/2011
Investment summary
Yukon-Nevada (YNG) announced its final results on 30 March 2012 detailing 67,748oz Au processed from stockpiles, purchased ore and mining operations. A (protracted) annual plant shut-down also allowed YNG to renovate ageing equipment, which had been largely neglected since its installation in the early 1980s. While results have improved, YNG’s CEO states "they do not yet reflect the improvement and progress achieved on the ground at Jerritt Canyon". This may be considered in relation to over US$200m of financing source off-market, which will allow YNG to fully recapitalise Jerritt and start to realise the potential of a mine site that once saw consistent production of c 300koz Au. This only dropped due to previous custodians' poor operational and financial management.
Last updated on 23/04/2012
Industry outlook
We use a long-term Au price of US$1,350/oz in our valuation, which we look to revisit, along with our forecasts on release of an improved and revised NI43-101 technical report on Jerritt Canyon (due shortly).
Last updated on 23/04/2012
Key management
| John Greenslade, Chairman |
| Robert Baldock, CEO |
Company address
| 490-688 West Hastings Street Vancouver BC V6B 1P1 Canada View website |
