5 Junior Gold Stocks on Solid Financial Footing

Gold’s price is surging after recent disappointing U.S. jobs data sent, making these  junior gold stocks on our list even more attractive

SmallCapPower | June 8, 2016: Gold stocks experienced some weakness recently, following a strong start to 2016. That seemed to change, though, after the release of shockingly sluggish U.S. employment data for the month of May. Presuming that a June Federal Reserve interest rate hike is now off the table, it could be a ‘golden’ summer for precious metals-related equities. For those investors wanting to minimize their risk, a way to go could be to target gold juniors that have low debt levels as well as high return on asset figures, such as the names on our list today.

Dynacor Gold Mines Inc. (TSE:DNG) – $2.13
Gold

Dynacor Gold Mines Inc. is a Canada-based ore processing and exploration company. Its activities consist of the production of gold and silver from the processing of purchased ore and the exploration of its mining properties located in Peru. The Company purchases its ore from government registered ore producers from various regions of Peru and then processes it at its Metalex Huanca milling facility (the Metalex Plant) to produce gold and silver. Dynacor also owns rights on over three mining properties, which are in the exploration-stage, including its exploration gold, copper and silver prospect, the Tumipampa property, and the Anta property, which is a silver exploration prospect with approximately five concessions covering an area of over 3,800 hectares.

• Market Cap: 78,998,073.87
• Revenue: 106,064,712
• Debt to Equity: 1%
• Return on Assets: 7%

Guyana Goldfields Inc. (TSE:GUY) – $8.58
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 owns approximately 100% interest in the Aurora Project, which has total proven and probable reserves of approximately 3.04 million ounces of gold. It also holds an interest in a land package located in the Aranka district of Guyana approximately 30 kilometers northeast of the Aurora Gold Mine, known as the Aranka Properties, which consist of a number of separate properties, including Sulphur Rose.

• Market Cap: 1,311,203,632.44
• Revenue: 63,108,412
• Debt to Equity: 79%
• Return on Assets: 6%

Klondex Mines Ltd. (TSE:KDX) – $4.55
Gold

Klondex Mines Ltd. is a Canada-based gold and silver mining company that is focused on exploration, development and production of its approximately two gold and silver projects in north central Nevada, such as the Fire Creek mine located in Lander County, Nevada (the Fire Creek Mine or the Fire Creek Project), and the Midas mine (the Midas Mine) and ore milling facility located in Nevada (together with the Midas Mine, the Midas Project or Midas). It also owns an underground mine project located in Manitoba, Canada, which includes the Rice Lake Mine and Mill complex (Rice Lake), and early-stage exploration properties located in the State of Nevada, the United States and Manitoba and Ontario, Canada.

• Market Cap: 215,285,203.21
• Revenue: 200,520,010
• Debt to Equity: 13%
• Return on Assets: 8%

Richmont Mines Inc. (TSE:RIC) – $10.69
Gold

Richmont Mines Inc. is a mining company engaged in activities related to the acquisition, exploration, development and operation of mineral properties. Its segments include Quebec and Ontario. Its Island Gold Mine is located approximately 80 kilometers northeast of Wawa, Ontario in the Sault Ste. Marie Mining Division. Its Beaufor Mine property along with other adjacent properties, such as Pascalis, Perron, Colombiere, Courvan and Perron Blocks 2 and 3, are located approximately 20 kilometers northeast of the town of Val-d’Or, in the Abitibi-East county, in the Province of Quebec.

• Market Cap: 114,570,744.63
• Revenue: 159,157,000
• Debt to Equity: 7%
• Return on Assets: 4%

Semafo Inc. (TSE:SMF) – $5.76
Gold

SEMAFO Inc. is a Canada-based mining company. Its segments include Mana, Burkina Faso; Natougou, Burkina Faso, and Other exploration. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations.

• Market Cap: 1,862,222,757.12
• Revenue: 395,114,139
• Debt to Equity: 15%
• Return on Assets: 4%

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