Report
EUR 13.72 For Business Accounts Only

GUYANA GOLDFIELDS INCO. reduces its risk exposure and slightly improves to Neutral

The independent financial analyst theScreener just allocated a lower risk rating to GUYANA GOLDFIELDS INCO. (CA), active in the Gold Mining industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date October 29, 2019, the closing price was CAD 0.75 and its expected value was estimated at CAD 0.97.
Underlying
Guyana Goldfields

Guyana Goldfields is an exploration stage company engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in Guyana. Co. is in the process of determining whether its mineral properties contain reserves that are economically recoverable. The recovery of amounts capitalized for mineral exploration properties in the consolidated balance sheets is dependant upon the existence of economically recoverable reserves, the ability of Co. to arrange appropriate financing to complete the development of the properties and upon future profitable production or proceeds from their disposition.

Provider
TheScreener
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