Leagold Mining Corp (TSE:LMC)

Leagold Mining Corp (TSE:LMC) Business Description

Symbol(s): TSE:LMC, OTCMKTS:LMCNF
Industry: Gold Mining
Website: www.leagold.com
eMail: info@leagold.com

Leagold Mining Corp (TSE:LMC) is a Canadian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Brazil and Mexico. The company has multiple properties including Fazenda (Brazil), Pilar (Brazil), RDM (Brazil), Santa Luz (Brazil), Bermejas (Mexico) and Los Filos (Mexico).

Leagold Mining Corp (TSE:LMC) has about 21 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$42.605 per gold equivalent ounce. The company currently produces 350000 ounces of gold per year with the all-in sustaining costs of US$1150 per ounce.

Leagold Mining Corp has US$54 million cash and US$150 million debt. The company has 284.96 million shares outstanding and as of January 31, 2020, had a market capitalization of US$798.7 million. The stocks of Leagold Mining Corp trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.