Citigold Corp. Ltd. (ASX:CTO) Company Profile
Symbol(s): ASX:CTO, OTCMKTS:CTOHF
Industry: Gold Mining
Citigold Corp. Ltd. (ASX:CTO) is a Canadian Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Australia, Australia. The company has ownership of the Tower Charter property which is located in Australia.
Citigold Corp. Ltd. (ASX:CTO) has about 12 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$2.542 per gold equivalent ounce, which in our opinion is very low compared to other gold mining companies. The company currently produces 10000 ounces of gold per year with the all-in sustaining costs of US$1000 per ounce.
Citigold Corp. Ltd. has US$1.5 million cash and US$5.99 million debt. The company has 2601.17 million shares outstanding and as of September 01, 2020, had a market capitalization of US$26.01 million. The stocks of Citigold Corp. Ltd. trade on the Australian Securities Exchange and the Over-the-Counter Exchange.
Citigold Corp. Ltd. (ASX:CTO) Share Price Chart
Citigold Corp. Ltd. (ASX:CTO) Technical Data
Last Updated: September 2, 2020
Citigold Corp. Ltd. (ASX:CTO) Financial Data
Citigold Corp. Ltd. (ASX:CTO) Gold Resources
Citigold Corp. Ltd. (ASX:CTO) Valuation by Resources
* AUD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources