|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.98 - 2.01|
|52 Week Range||1.39 - 2.62|
|Beta (3Y Monthly)||1.89|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Gran Colombia Gold Corp. (GCM.TO) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2018. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commenting on the Company’s results for the first nine months of 2018, said, “We are very pleased with the continuing improvements in our operating and financial results and the strengthening of our financial position we are reporting today. With our trailing 12-months adjusted EBITDA surpassing the $100 million level at the end of September, our focus on our high-grade Segovia Operations to drive our cash flow generation is providing the funding required to support our ongoing exploration and capital programs.
Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that Fitch Ratings has upgraded it to ‘B’ from ‘B-‘ with a Stable Outlook. In its commentary regarding the rating action, Fitch Ratings stated that the upgrade reflects Gran Colombia’s successful refinancing of its 2020 and 2024 Debentures through its US$98 million senior secured gold-linked notes due 2024, the settlement of its 2018 Debentures with shares, and the enhanced mine plan at its Segovia Operations focused on cost reductions and high grade ore bodies which are driving cash flow generation. The removal of the sinking funds which captured essentially 100% of Gran Colombia’s excess cash flow under its previous Senior Debentures has allowed Gran Colombia to improve its liquidity position, which has enabled the Company to invest in its business and conduct drilling programs in its Segovia operations in order to optimize its mining plan.
Approximately US$0.052349 per US$1.00 principal amount of Gold Notes representing only an amortization payment of the principal amount issued and outstanding. The aggregate principal amount of the cash payments on the Payment Date will be US$4,875,000. The Company sold the 3,900 ounces accumulated in the gold trust account during the past quarter against a put option contract at US$1,250 per ounce to realize the proceeds required for this cash payment.
Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that it produced a total 19,120 ounces of gold in September bringing the total for the third quarter of 2018 to 57,163 ounces, up 54% compared to the third quarter of 2017. This brings the Company’s trailing 12-months’ total gold production as of September 2018 to 214,439 ounces, up 23% from 2017’s annual production of 173,821 ounces. The Company continues to expect that it will produce between 210,000 and 220,000 ounces in 2018.
TORONTO, Oct. 09, 2018 -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) provided an update today regarding the ongoing diamond drilling program on the Zancudo Project,.
TORONTO, Oct. 04, 2018 -- Gran Colombia Gold Corp. (TSX: GCM) announced today an update from the initial drill results from the 2018 drilling campaign at its Marmato Project..
TORONTO, Oct. 03, 2018 -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that its 2018 drilling program at its Segovia Operations has identified a new.
Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) made announcements today related to the trading of its common shares in the United States and the conditional approval received from the Toronto Stock Exchange (“TSX”) for the listing of its 8.25% Senior Secured Gold-Linked Notes due 2024 (the “Gold Notes”). Gran Colombia announced that its common shares will commence trading today on the OTCQX® Best Market in the United States under the symbol “TPRFF”.
NEW YORK , Oct. 1, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Gran Colombia Gold Corp. (TSX: GCM; OTCQX: ...
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NEW YORK, NY / ACCESSWIRE / August 15, 2018 / Gran Colombia Gold Corp. (OTC PINK: TPRFF ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 15, 2018 at 9:30 AM Eastern ...
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