Medusa Mining Ltd. (ASX:MML)

Medusa Mining Ltd. (ASX:MML) Company Profile

Symbol(s): ASX:MML, OTCMKTS:MDSMF
Industry: Gold Mining
Website: www.medusamining.com.au
eMail: admin@medusamining.com.au

Medusa Mining Ltd. (ASX:MML) is an Australian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in Surigao Del Sur Province, Philippines. The company has 100% ownership of the Lingig property which is located in Surigao Del Sur Province, Philippines.

Medusa Mining Ltd. (ASX:MML) has about 2.6 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$50.759 per gold equivalent ounce. The company currently produces 100000 ounces of gold per year with the all-in sustaining costs of US$900 per ounce.

Medusa Mining Ltd. has US$16 million cash and US$9 million debt. The company has 207.79 million shares outstanding and as of September 01, 2020, had a market capitalization of US$138.97 million. The stocks of Medusa Mining Ltd. trade on the Australian Securities Exchange and the Over-the-Counter Exchange.