A U.S. Federal Reserve rate hike might be back on the table following recent economic data
SmallCapPower | July 20, 2016: Outflows from the SPDR Gold Shares ETF have reached the highest levels in eight months. This could signify a decreased investor appetite for gold-related investments. If so, the gold stocks on our list could get hit hardest as these names are trading at lofty EV/Sales multiples.
Guyana Goldfields Inc. (TSE:GUY) – $8.52
Gold
Guyana Goldfields Inc. (Guyana Goldfields) is a Canada-based mineral development and exploration company focused primarily on the acquisition, exploration and development of gold deposits in Guyana, South America. The Company’s Aurora Gold Mine in Guyana has total proven and probable reserves of approximately 3.04 million ounces of gold.
- Market Cap: 1,316,735,422
- Revenues: 63,108,412
- Total Debt: 13,329,360
- EV/Sales: 23.44
Rye Patch Gold Corp. (CVE:RPM) – $0.42
Gold
Rye Patch Gold Corp. is an exploration-stage company engaged in the acquisition, exploration and development of mineral properties in Nevada, through its subsidiary, Rye Patch Gold US Inc. The Company’s activities are focused on over two geological trends in Nevada, including Oreana Trend and Cortez Trend.
- Market Cap: 93,583,082
- Revenues: 5,633,460
- Total Debt: -1,184,250
- EV/Sales: 16.00
Sandstorm Gold Ltd. (TSE:SSL) – $6.77
Gold
Sandstorm Gold Ltd. is engaged in providing financing alternatives to mining companies. The Company focuses on acquiring gold and other precious metal purchase agreements (Gold Streams or Silver Streams), and royalties from companies that have advanced stage development projects or operating mines. The Company’s projects include Yamana Silver Stream; Cerro Moro, which is located approximately 70 kilometers southwest of the coastal port city of Puerto Deseado; Chapada Mine, which is located over 270 kilometers northwest of Brasilia in Goias state, Brazil; Diavik Mine; Black Fox Mine; Santa Elena Mine; Bachelor Lake Mine; Karma Mine; Bracemac-McLeod Mine; Ming Mine, and Aurizona Mine.
- Market Cap: 215,285,203.21
- Revenues: 66,415,206
- Total Debt: -32,014,701
- EV/Sales: 15.54
Marlin Gold Mining Ltd. (TSE:MLN) – $0.60
Gold
Marlin Gold Mining Ltd. is engaged in the exploration for, development of and production of gold in Mexico, silver in Arizona and acquiring royalty streaming agreements. The Company operates through the production of gold and exploration of resources segment.
- Market Cap: 114,570,744.63
- Revenues: 18,897,340
- Total Debt: -55,067,280
- EV/Sales: 7.12
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