Galane Gold Ltd (CVE:GG)

Galane Gold Ltd (CVE:GG) Company Profile

Symbol(s): CVE:GG, OTCMKTS:GGGOF
Industry: Gold Mining
Website: www.galanegold.com
eMail: Ravi@GalaneGold.com

Galane Gold Ltd (CVE:GG) is a Canadian Gold mining company. It’s a junior small producer mainly focused on exploration and development of mineral properties in Botswana and South Africa. The company has multiple properties including Signal Hill (South Africa, Botswana), Galaxy (South Africa, South Africa), Golden Eagle (South Africa, Botswana), Jim’s Luck (South Africa, Botswana) and Tholo (South Africa, Botswana).

Galane Gold Ltd (CVE:GG) has about 2.2 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$30.193 per gold equivalent ounce. The company currently produces 35000 ounces of gold per year with the all-in sustaining costs of US$1100 per ounce.

Galane Gold Ltd has US$2.43 million cash and US$14.86 million debt. The company has 236.82 million shares outstanding and as of September 01, 2020, had a market capitalization of US$53.99 million. The stocks of Galane Gold Ltd trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.