Guyana Goldfields Inc. (TSE:GUY)

Guyana Goldfields Inc. (TSE:GUY) Company Profile

Symbol(s): TSE:GUY, OTCMKTS:GUYFF
Industry: Gold Mining
Website: www.guygold.com
eMail: info@guygold.com

Guyana Goldfields Inc. (TSE:GUY) is a Canadian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Location and Guyana. The company has multiple properties including Aurora (Guyana) and Aranka (Guyana).

Guyana Goldfields Inc. (TSE:GUY) has about 8.5 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$4.791 per gold equivalent ounce, which in our opinion is very low compared to other gold mining companies. The company currently produces 150000 ounces of gold per year with the all-in sustaining costs of US$950 per ounce.

Guyana Goldfields Inc. has US$121.58 million cash and US$127.6 million debt. The company has 174.56 million shares outstanding and as of March 29, 2020, had a market capitalization of US$34.7 million. The stocks of Guyana Goldfields Inc. trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.