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Sandspring Resources Ltd. (CVE:SSP)

Sandspring Resources Ltd. (CVE:SSP) Business Description

Symbol(s): CVE:SSP, OTCMKTS:SSPXF
Industry: Gold Mining
Website: www.sandspringresources.com
eMail: info@sandspringresources.com

Sandspring Resources Ltd. (CVE:SSP) is a Canadian Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Location and Guyana. The company has multiple properties including Name (Location) and Toroparu (Guyana).

Sandspring Resources Ltd. (CVE:SSP) has about 10 million ounces of gold reserves & resources.

Sandspring Resources Ltd. has US$4.93 million cash and no debt. The company has 209.677672 million shares outstanding and currently has a fully diluted market capitalization of 33.02 million US$. The stocks of Sandspring Resources Ltd. trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.

Sandspring Resources Ltd. (CVE:SSP) Share Price Chart


Sandspring Resources Ltd. (CVE:SSP) Technical Data
Last Updated: April 15, 2019

Share Price:
CA$0.21 (4/12/2019 16:00:00)
Volume:
133833 (4/12/2019 16:00:00)
52 Week High:
CA$0.35
52 Week Low:
CA$0.17
Change from 52 Week Low:
23.528%
Change from 52 Week High:
-40%
Beta
0.05
Average Volume:
81964

Sandspring Resources Ltd. (CVE:SSP) Financial Analysis

Share Price:
CA$0.21 (4/12/2019 16:00:00)
Shares Outstanding:
209.68 million
Market Capitalization:
US$33.02 million *
Cash:
US$4.93 million
Total Debt:
US$0 million
Enterprise Value:
US$28.094 million
Earnings Per Share:
-0.07
Price to Earning (P/E) Ratio:
#N/A

Sandspring Resources Ltd. (CVE:SSP) Gold Resources

Total Reserves & Resources:
10 million ounce
Plausible Reserves & Resources:
6.72 million ounce
Future Cash Cost Per Ounce:
US$750
Future All-in Sustaining Cost Per Ounce:
US$1150
Future Annual Production:
225000 ounce

Sandspring Resources Ltd. (CVE:SSP) Valuation by Resource

Gold Equivalent Resources:
10 million ounce
Silver Equivalent Resources:
853.5 million ounce ***
Enterprise Value Per Gold Ounce:
US$2.809
Enterprise Value Per Silver Ounce:
US$0.033
Gold Equivalent Resources per FD share:
0.048 ounce
Silver Equivalent Resources per FD share:
4.071 ounce

*** Gold to silver ratio of 85.35 was used in the calculation of silver equivalent resources

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