GCM.TO - Gran Colombia Gold Corp.

Toronto - Toronto Delayed Price. Currency in CAD
5.07
-0.39 (-7.14%)
At close: 4:00PM EDT
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Previous Close5.46
Open5.38
Bid4.99 x 0
Ask5.10 x 0
Day's Range4.98 - 5.38
52 Week Range2.25 - 5.91
Volume216,595
Avg. Volume266,552
Market Cap247.34M
Beta (3Y Monthly)0.82
PE Ratio (TTM)7.92
EPS (TTM)0.64
Earnings DateAug 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.21
  • GlobeNewswire

    Gran Colombia Gold’s Production Increases 7% to 174,754 Ounces in the First Nine Months of 2019 With Steady Performance in the Third Quarter; Cash Balance Improves to US$63 Million at the End of September

    For the first nine months of 2019, the Company produced a total of 174,754 ounces of gold, up 7% over the first nine months last year. This brings Gran Colombia’s trailing 12 months’ total gold production at the end of September 2019 to 230,014 ounces, up 6% over 2018’s annual production. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest production results, said, “Our third quarter production continued to be steady as we incorporated our expanded plant capacity at Maria Dama and opened up new areas within our company mines through our ongoing development programs at Segovia.

  • GlobeNewswire

    Gran Colombia Gold Completes Acquisition of Approximately 19.89% Interest in Western Atlas; Signs Definitive Agreement With Respect to Venezuelan Opportunity

    Gran Colombia Gold Corp. (“Gran Colombia” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has completed its previously announced acquisition of a 19.89% equity investment in Western Atlas Resources Inc. (“Western Atlas”) (WA.V) through the first tranche of a non-brokered private placement (the “Private Placement”) completed today by Western Atlas.  Western Atlas intends to use the proceeds of the Private Placement for a drilling program at its Meadowbank Project, seeking restitution of the Increible Project in Venezuela (as described further below) and general and administrative purposes.

  • Is Gran Colombia Gold (TSE:GCM) Using Too Much Debt?
    Simply Wall St.

    Is Gran Colombia Gold (TSE:GCM) Using Too Much Debt?

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • GlobeNewswire

    Gran Colombia Gold Announces Letter of Intent With Bluenose in Respect of Marmato Spin Off

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (the “Company” or “Gran Colombia”) announced today, further to the press release of the Company dated September 16, 2019, that it has entered into a letter of intent (the “LOI”) on October 4, 2019 with Bluenose Gold Corp. (BN-H.V) (“Bluenose”) in respect of the proposed acquisition by Bluenose of certain mining assets (the “Mining Assets”) at the Company’s Marmato Project located in the Department of Caldas, Colombia (the “Transaction”).

  • CNW Group

    Toronto Stock Exchange Introduces the TSX30

    Toronto Stock Exchange Introduces the TSX30

  • GlobeNewswire

    Gran Colombia Gold Announces Intention to Spin Off Marmato to Carry Out Proposed Expansion of Underground Mining Operations

    OTCQX: TPRFF) announced today that it intends to spin off its Marmato mining assets into a separate listed special purpose vehicle. Through the spin off, Gran Colombia will retain a major stake in the new company while leveraging the capital markets to provide the funding required for ongoing exploration and the development of the underground mining assets at Marmato, including the expansion of operations to incorporate the Deeps mineralization and the construction of a new processing plant and additional tailings storage facilities to support the increased level of production. Serafino Iacono, Executive Chairman of Gran Colombia, stated, “We are nearing completion of the underground mine expansion study at Marmato.

  • GlobeNewswire

    Gran Colombia Gold Provides August 2019 Production Update; Remains on Track with 2019 Guidance

    OTCQX: TPRFF) announced today that it produced a total of 18,710 ounces of gold in August bringing the total for the first eight months of 2019 to 155,359 ounces, up 8% over the first eight months of 2018. Gran Colombia’s trailing 12 months’ total gold production at the end of August 2019 of 229,739 ounces is up 5% over 2018’s annual production. The Company continues to expect that its annual gold production for 2019 will range between 225,000 and 240,000 ounces.

  • How Gran Colombia Gold Corp. (TSE:GCM) Could Add Value To Your Portfolio
    Simply Wall St.

    How Gran Colombia Gold Corp. (TSE:GCM) Could Add Value To Your Portfolio

    Gran Colombia Gold Corp. (TSE:GCM) is a stock with outstanding fundamental characteristics. When we build an...

  • Thomson Reuters StreetEvents

    Edited Transcript of GCM.TO earnings conference call or presentation 15-Aug-19 1:30pm GMT

    Q2 2019 Gran Colombia Gold Corp Earnings Call

  • GlobeNewswire

    Gran Colombia Gold Signs Letter of Intent to Spin Off Venezuelan Assets to Western Atlas Resources Inc.; Participating in Western Atlas Financing

    Gran Colombia Gold Corp. (“Gran Colombia”) (TSX: GCM, OTCQX: TPRFF) announced today that that it entered into a letter of intent (“LOI”) on August 31, 2019 with Western Atlas Resources Inc. (“Western Atlas”) (WA.V) outlining the terms on which it intends to spin off its Venezuelan assets in exchange for US$20 million in common shares of Western Atlas (the “Increible Transaction”) and also acquire up to a 19.9% equity interest in Western Atlas by way of a CA$1.4 million subscription into Western Atlas’ proposed private placement (the “Private Placement”) as described further below.

  • CNW Group

    TSX Venture Exchange Stock Maintenance Bulletins

    TSX Venture Exchange Stock Maintenance Bulletins

  • GlobeNewswire

    Gran Colombia Gold Interest in Sandspring Resources Changes to Approximately 19.45%

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that its equity position in Sandspring Resources Ltd. (”Sandspring”) (TSX-V: SSP, OTCQX: SSPXF) has changed to 19.45% through a non-brokered private placement (the “Private Placement”) completed today by Sandspring. Sandspring intends to use the proceeds of the Private Placement to commence work on the feasibility study for its Toroparu Gold Project, for additional step out and exploration drilling at its Chicharron Project and for general working capital. Sandspring’s Private Placement comprised a total of 37,500,000 units (each, a “Unit”) at a price C$0.20 per Unit, for gross proceeds of C$7.5 million.  Each Unit issued in the Private Placement consists of one common share and one share purchase warrant entitling the holder to purchase one additional share at C$0.35 for a period of sixty (60) months.  The placement was fully subscribed and included an investment from the Company in the amount of C$1.0 million.

  • Is Gran Colombia Gold Corp.'s (TSE:GCM) CEO Paid Enough Relative To Peers?
    Simply Wall St.

    Is Gran Colombia Gold Corp.'s (TSE:GCM) CEO Paid Enough Relative To Peers?

    Lombardo Paredes Arenas has been the CEO of Gran Colombia Gold Corp. (TSE:GCM) since 2014. This analysis aims first to...

  • GlobeNewswire

    Gran Colombia Gold Reports Second Quarter and First Half 2019 Results; Raises 2019 Production Guidance and On Track to Meet 2019 Cost Guidance

    Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest results, said, “We are pleased with our second quarter 2019 operating and financial results. For the first half of this year, our revenue was up 16%, our adjusted EBITDA was up 27%, our operating cash flow up in gold prices, well above the average for the first half of this year, our second half earnings, cash flows and cash balance are poised to benefit from our leverage to gold prices. The strength of the Company’s operating performance at its high-grade Segovia Operations in the first half of 2019 has allowed it to raise its annual gold production guidance for 2019 to a range of between 225,000 and 240,000 ounces.

  • GlobeNewswire

    Gran Colombia Gold Announces Multiple High Grade Drill Results From the Ongoing 2019 Drilling Campaign at Its Segovia Operations

    TORONTO, Aug. 13, 2019 -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today the final assay results from 115 diamond drill holes (10,783 meters) included in the.

  • GlobeNewswire

    Gran Colombia Announces Details for the Forthcoming Quarterly Repayment of Its Gold Notes on July 31, 2019 and the Second Quarter 2019 Results Webcast

    TORONTO, July 16, 2019 -- Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the details for the forthcoming quarterly repayment of its 8.25% Senior Secured.

  • GlobeNewswire

    Gran Colombia Gold’s Production Increases 12% to 118,483 Ounces in the First Half of 2019; Raises Its 2019 Annual Gold Production Guidance

    OTCQX: TPRFF) announced today that it produced a total of 18,882 ounces of gold in June bringing the total for the second quarter of 2019 to 57,882 ounces, up 9% over the second quarter of 2018. For the first half of 2019, the Company produced a total of 118,483 ounces of gold, up 12% over the first half last year. This brings the trailing 12 months’ total gold production at the end of June 2019 to 230,906 ounces, up 6% over 2018’s annual production and above the top end of Gran Colombia’s initial guidance range for 2019 of between 210,000 and 225,000 ounces.

  • GlobeNewswire

    Gran Colombia Gold Files Amended National Instrument 43-101 Technical Report for its Segovia Project; Does Not Amend Prior Disclosures Regarding Mineral Reserves and Resources; Removes Certain Immaterial or Excessive Appendices in Previously Filed Technical Report

    OTCQX: TPRFF) announced today that, as a result of a review by staff of the Ontario Securities Commission, it is issuing the following news release regarding its disclosure on the Segovia Project. Specifically, the Company announced that it has filed an amended version of its prefeasibility study (“PFS”) technical report on its Segovia Project (the “Amended Technical Report”) prepared by SRK Consulting (U.S.), Inc. (“SRK”) pursuant to National Instrument 43‐101 - Standards of Disclosure for Mineral Projects (“NI 43‐101"). The Amended Technical Report does not change any of the Company’s previous disclosures regarding the Mineral Reserve and Mineral Resource estimates for the Segovia Project as outlined in the initial technical report (effective date of December 31, 2018) filed on SEDAR on April 25, 2019 (the “Technical Report”).

  • The Gran Colombia Gold (TSE:GCM) Share Price Is Up 121% And Shareholders Are Boasting About It
    Simply Wall St.

    The Gran Colombia Gold (TSE:GCM) Share Price Is Up 121% And Shareholders Are Boasting About It

    The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...

  • GlobeNewswire

    Gran Colombia Gold Provides May 2019 Gold Production Update

    OTCQX: TPRFF) announced today that it produced a total of 18,528 ounces of gold in May bringing the total for the first five months of 2019 to 99,601 ounces, up 14% over the first five months of 2018. Gran Colombia’s trailing 12 months’ total gold production at the end of May 2019 of 230,136 ounces is up almost 6% over 2018’s annual production and remains above the top end of the Company’s guidance range for 2019 of between 210,000 and 225,000 ounces. Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest production results, said, “We have gotten off to a stronger start in 2019 than in other years, setting us up to potentially exceed production guidance for the year.

  • GlobeNewswire

    Gran Colombia Gold Announces Voting Results of the Annual and Special Meeting of Shareholders Held Today

    TORONTO, June 13, 2019 -- Gran Colombia Gold Corp.’s (TSX: GCM, OTCQX: TPRFF) Annual and Special Meeting of Shareholders was held today. The detailed results of the votes for.

  • GlobeNewswire

    Gran Colombia Gold Increases Interest in Sandspring Resources to Approximately 19.96%

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that has increased its equity position in Sandspring Resources Ltd. (“Sandspring”) (TSX-V: SSP, OTCQX: SSPXF) to 19.96% through a non-brokered private placement (the “Private Placement”) completed today by Sandspring. Sandspring intends to use the proceeds of the Private Placement to continue work on the re-scoping of the Toroparu Project, additional exploration at its Chicharron Project and for general working capital. On June 4, 2019, Sandspring announced positive results of a preliminary economic assessment for its Toroparu Project and the next stage of development will encompass completion of a feasibility study for the project.

  • GlobeNewswire

    Gran Colombia Gold Launches Normal Course Issuer Bids for Its Common Shares and Warrants

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) to commence normal course issuer bids (“NCIBs”) for its common shares and its share purchase warrants expiring April 30, 2024 (“Warrants”) trading under the symbol GCM.WT.B. The NCIBs allow the Company to purchase up to 4,589,129 common shares and up to 1,109,628 Warrants of the Company, representing 10% of the current issued and outstanding common shares and Warrants in the public float for each security as of June 4, 2019. As at June 4, 2019, the Company had 48,300,405 common shares and 12,150,908 Warrants issued and outstanding.

  • Gran Colombia Gold Is a Buy
    GuruFocus.com

    Gran Colombia Gold Is a Buy

    Due to tensions between the U.S., China and Mexico, the S&P 500 Index has fallen 4.4% over the last month, renewing investors' interest in safe-haven assets such as precious metals. As a result, gold prices are uptrending again. The bullion closed at $1,324.25 per troy ounce on the London market on Tuesday, which reflects 0.5% upside from Monday and a 3.1% rise from the average price of $1,283.95 per ounce for May.

  • Thomson Reuters StreetEvents

    Edited Transcript of GCM.TO earnings conference call or presentation 16-May-19 1:30pm GMT

    Q1 2019 Gran Colombia Gold Corp Earnings Call