TPRFF - Gran Colombia Gold Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
3.3840
-0.1450 (-4.11%)
At close: 3:55PM EDT
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Previous Close3.5290
Open3.6990
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range3.3556 - 3.6990
52 Week Range1.6960 - 4.4440
Volume53,614
Avg. Volume33,631
Market Cap164.583M
Beta (3Y Monthly)0.86
PE Ratio (TTM)5.29
EPS (TTM)0.6400
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • 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.

  • 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.

  • 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.

  • 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”).

  • 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.

  • GlobeNewswire

    Gran Colombia Gold Reports First Quarter 2019 Results; Record Quarterly Gold Production Leads to New Highs for Revenue and Adjusted EBITDA

    Serafino Iacono, Executive Chairman of Gran Colombia, commenting on the Company’s latest results, said, “Our previously reported record quarterly production has translated into some solid first quarter financial results which have started us off well in 2019. New quarterly highs were achieved in revenue and adjusted EBITDA while Segovia’s quarterly cash costs reached a historical low of $570 per ounce sold.

  • GlobeNewswire

    Gran Colombia Gold Reports Fatality at Segovia Operations

    OTCQX: TPRFF) deeply regrets to report that a miner has succumbed to injuries suffered in an accident at its Segovia Operations last Thursday when a cable on an elevator transporting 20 miners from level 8 to level 12 in the Providencia mine failed. The Company’s Emergency Response Team was immediately activated. The appropriate government authorities were also immediately notified and an investigation into the incident has been initiated.

  • GlobeNewswire

    Gran Colombia Gold Announces Further Positive Results From Its Recently Completed 2018 Drilling Campaign at Its Marmato Project; Files National Instrument 43-101 Technical Report For Its Segovia Operations

    OTCQX: TPRFF) announced today that it has identified additional high-grade intercepts over broad widths in the final eight holes of the infill drilling program started in 2018 (the “2018 drilling campaign”) on the Deeps Zone at its 100%-owned Marmato Project in Caldas, Colombia. The 2018 drilling campaign was undertaken to obtain additional information in conjunction with the ongoing technical studies and evaluations focused on the potential expansion of the underground mining operations at Marmato to incorporate the Deeps Zone below the existing mining operation, including the conversion of Inferred Resources to Indicated Resources. Serafino Iacono, Executive Chairman of Gran Colombia, commented, “Our 2018 drilling campaign has increased our confidence in the geological model, extending the Deeps Zone to over 700 meters along strike, with an average width of approximately 165 meters and remaining open at depth and to the east.

  • GlobeNewswire

    Gran Colombia Announces Details for the Forthcoming Quarterly Repayment of Its Gold Notes on April 30, 2019 and the First Quarter 2019 Results Webcast

    Approximately US$0.0601384 per US$1.00 principal amount of Gold Notes representing an amortization payment of the principal amount issued and outstanding of approximately US$0.0584708 per US$1.00 principal amount of Gold Notes and a gold premium of approximately US$0.0016676 per US$1.00 principal amount of Gold Notes. The aggregate amount of the cash payments on the Payment Date will be US$5,014,035, of which US$4,875,000 will be applied to reduce the aggregate principal amount of the Gold Notes issued and outstanding.

  • GlobeNewswire

    Gran Colombia Gold Announces New Quarterly Gold Production Record of 60,601 Ounces in First Quarter of 2019; Segovia Operations’ Trailing 12 Months Gold Production Surpasses 200,000 Ounces; Signs Contract With GoldSpot Discoveries to Use Artificial Intelligence in Segovia’s Exploration

    This brings the trailing 12 months’ total gold production at the end of March 2019 to 225,930 ounces, up 4% over 2018’s annual production and at the top end of Gran Colombia’s guidance range for 2019 of between 210,000 and 225,000 ounces. Serafino Iacono, Executive Chairman of Gran Colombia, commenting on the Company’s latest production results, said, “We are very pleased to begin 2019 with another strong quarter of operating performance. At our flagship Segovia Operations, our investment in the expansion of our mines has increased our daily tonnes processed in the first quarter of 2019 from the company-operated areas by 11% compared with the annual average for 2018.

  • GlobeNewswire

    Gran Colombia Gold Announces Closing of C$20,000,000 Convertible Debenture Bought Deal

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (the “Company” or “Gran Colombia”) announced today (the “Issuance Date”) that it has closed its previously announced private placement offering on a bought deal basis (the “Private Placement”), led by GMP Securities L.P. and Scotiabank (collectively, the “Underwriters”), of C$20,000,000 aggregate principal amount of convertible unsecured subordinated debentures at a price of C$1,000 per C$1,000 principal amount of debentures (the “Convertible Debentures”). The Convertible Debentures will mature on April 5, 2024, being five years and one day after the issuance date (the “Maturity Date”) and will accrue interest at the rate of 8.00% per annum, payable monthly.

  • GlobeNewswire

    Gran Colombia Gold Reports Fourth Quarter and Full Year 2018 Results; Reaches New Highs for Production, Adjusted EBITDA and Operating Cash Flow; Balance Sheet Strengthened; Increasing Focus on Growth Pipeline

    Serafino Iacono, Executive Chairman of Gran Colombia, commenting on the Company’s results for 2018, said, “2018 was the watershed year for us, the one where everything we had being doing to turn things around in the two prior years all came together. 2018’s gold production surpassed 200,000 ounces for the first time, up 25% from 2017 as our high-grade Segovia Operations delivered another solid year with grades over 17 g/t. Adjusted EBITDA increased by 36% over last year, surpassing the $100 million mark for the first time, and being a key catalyst in the 58% increase in our operating cash flow to almost $80 million and the 72% increase in our free cash flow(1) to $44 million.

  • GlobeNewswire

    Gran Colombia Gold Reports New Monthly Gold Production Record in February 2019; Announces Details for the Forthcoming Fourth Quarter and Year End 2018 Results Webcast

    OTCQX: TPRFF) announced today that it produced a new monthly record total of 21,335 ounces of gold in February, bringing the total for the first two months of 2019 to 39,276 ounces and the trailing 12 months’ total gold production at the end of February 2019 to 223,237 ounces, up 2% over 2018’s annual production and near the top end of Gran Colombia’s guidance range for 2019 of between 210,000 and 225,000 ounces. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commenting on the Company’s latest production results, said, “Our investment in our Segovia Operations continues to pay dividends. The Segovia Operations set a new monthly record with 19,160 ounces of gold in February 2019, 12% higher than its previous best month of 17,164 ounces in July 2018.

  • GlobeNewswire

    Gran Colombia Gold Adds to Its Mineral Resource and Mineral Reserve Estimates for Its Segovia Operations in Its December 2018 Update

    TORONTO, March 11, 2019 -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that it has completed updated Mineral Resource and Mineral Reserve estimates for.

  • GlobeNewswire

    Gran Colombia Gold Announces C$20,000,000 Convertible Debenture Bought Deal and Termination of Previously Announced Equity Offering

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (the “Company” or “Gran Colombia”) announced today it has entered into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Scotiabank (collectively the “Underwriters”) pursuant to which the Underwriters have agreed to purchase on a bought deal, private placement basis (the “Private Placement”) C$20,000,000 aggregate principal amount of convertible unsecured subordinated debentures at a price of C$1,000 per C$1,000 principal amount of debentures (the “Convertible Debentures”). Gran Colombia also announced the termination of its C$25,000,000 best efforts offering of units, previously announced on March 1, 2019.

  • GlobeNewswire

    Gran Colombia Gold Files Preliminary Short Form Prospectus for Equity Offering

    Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) (the “Company” or “Gran Colombia”) announced today the filing of a preliminary short form prospectus in all of the provinces of Canada, except Quebec, in connection with a fully marketed, “best efforts” offering of approximately $25,000,000 of units (the “Units”) of Gran Colombia (the “Offering”) at a price per Unit to be determined in the context of the market. GMP Securities L.P. and Scotiabank (the “Agents”) will act as the lead agents in respect of the Offering. Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”).