Acacia Mining Plc (LON:ACA) Business Description
Symbol(s): LON:ACA, OTCMKTS:ABGLF
Industry: Gold Mining
Acacia Mining Plc (LON:ACA) is a Canadian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Tanzania. The company has multiple properties including Bulyanhulu (Lake Victoria, Tanzania), Buzwagi (Kahama, Tanzania), North Mara (Musoma, Tanzania), Tulawaka (Shinyanga, Tanzania), Golden Ridge (Kahama, Tanzania), Kahama (Kahama, Tanzania) and Nyanzaga (Mwanza Region, Tanzania).
Acacia Mining Plc (LON:ACA) has about 29 million ounces of gold reserves & resources. The company currently produces 700000 ounces of gold per year with the all-in sustaining costs of US$1200 per ounce.
Acacia Mining Plc has US$226 million cash and US$142 million debt. The company has 410.085499 million shares outstanding and currently has a fully diluted market capitalization of 78736.42 million US$. The stocks of Acacia Mining Plc trade on the London Stock Exchange and the Over-the-Counter Exchange.
Acacia Mining Plc (LON:ACA) Share Price Chart
Acacia Mining Plc (LON:ACA) Technical Data
Last Updated: April 15, 2019
Acacia Mining Plc (LON:ACA) Financial Analysis
Acacia Mining Plc (LON:ACA) Gold Resources
Acacia Mining Plc (LON:ACA) Valuation by Resource
* GBP to US$ exchange rate of 1.33 was used in calculations
*** Gold to silver ratio of 85.35 was used in the calculation of silver equivalent resources