TOP 10 UK Gold Stocks: PAT, TSG, XTR, POG, HOC, POLY, ACA, SHG, RSG, 0R22

About Panthera Resources PLC

Britain based Panthera Resources PLC (PAT) is an exploration and mining company primarily focussed on gold. It has many projects across India mainly located in Madhya Pradesh and Rajasthan and in some parts of West Africa.

PAT-Financial performance FY19

The company was into losses yet again this year in comparison with the previous year. Upon exclusion of non-controlling interests, the loss post taxation was recorded at US$1,553,396 in FY19 as compared to US$2,479,305 in FY18. The total net loss for the company stood at US$1,580,720 in FY19. In addition, the company was impacted by cash outflow (operations) to the tune of US$1,443,125 during the year. Cash balances for the company were recorded at US$188,376 as on 31st March 2019.

PAT-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.49 pm GMT), Panthera Resources Plc shares were trading at GBX 7.87. Stock’s 52 weeks High and Low are GBX 14.85 /GBX 1.00.

 

About Trans-Siberian Gold PLC

Trans-Siberian Gold PLC (TSG) is a Cambridge, United Kingdom-headquartered holding company which is engaged in gold production, development and exploration in Russia. The company fully owns the Asacha Gold Mine, which is in Kamchatka in Far East Russia and is an established gold mine with high-grade underground operations. The company focuses on low cost, high-grade mining operations with stable gold production and generally sells the gold produced to Russian commercial banks.

 

TSG-Production Update

The company during the three months ended 30 June 2019, in the second quarter, reported that gold production remained stable at 9,544 oz (Q2 2018: 9,260oz), while gold production for the first half of 2019 rose by 26% to 21,889 oz, indicating that the company was in line to achieve full year production of 40-44,000 oz. The group reported a 33% increase in average quarterly gold grade Y-o-Y at 8.4 g/t (Q2 2018: 6.3g/t) and 39% increase Y-o-Y at 8.6 g/t for the first half, as it continues to target higher grades. Silver in dore production during the quarter surged by 4.4% Y-o-Y at 27,629 oz while it reported an increase of 42% Y-o-Y in silver production to 59,787 oz in the first half. Total Q2 revenues rose by 14.7% Y-o-Y to $13,761,000, driven by 442.8% Y-o-Y increase in silver revenue to $484,000 and 11.5% Y-o-Y increase in gold revenue to $13,276,000. Reflecting a strong second quarter, the company reported record revenue of $29,998,000 in the first half, up by 8.6% year over year.

TSG-Financial Highlights (FY 2018, in $m)

Driven by 36% increase in sales of gold to $58.2 million (2017: $42.7 million) and a 100% increase in sales of silver to $1.6 million (2017: $0.8 million), the company reported revenue rose by 38% over the year to $59.8 million (2017: $43.4 million), a record-breaking amount for the group. The company recorded an operating profit for the year of $18.0 million (2017: $4.3 million) and reported a 72% increase in EBITDA at $23.9 million (2017: $13.9 million). Profit before tax was $17 million (2017: $3.0 million) and profit for the financial year was reported at $12.4 million, against $2.5 million in 2017. Earnings per share amounted to 11.3 cents, and the group proposed a final dividend of $0.009 per share (2017: $0.021).

TSG-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.47 pm GMT), Trans-Siberian Gold PLC shares were trading at GBX 115. Stock’s 52 weeks High and Low are GBX 133/GBX 29.43.

 

About Xtract Resources PLC

Xtract Resources PLC (XTR) is a UK based gold mining and exploration company which looks forward to having projects where regulations are transparent and easy to comply with.

XTR- Financial highlights for FY18

The company’s revenue from gold sales was recorded at £0.89 million in FY18 as against £0.17 million in FY17. The company had £0.44 million of cash balances in FY18 as against £1.66 million in FY17. The company’s net assets were valued at £10.71 million in FY18 as against £11.48 million in FY17.

XTR-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.46 pm GMT), Xtract Resources PLC shares were trading at GBX 1.32. Stock’s 52 weeks High and Low are GBX 2.09/GBX 0.55.

About Petropavlovsk PLC

Petropavlovsk PLC (POG) is an exploration and mining company primarily focussed on gold. The company has operational gold mines across Russia.

POG-Financial highlights for H1 FY19

The company’s revenue surged by 13 per cent to US$305 million in H1 FY19 as against US$270 million in H1 FY18. This can be attributed to an increase in sales figures of gold. The company managed to generate profit of US$14 million during the period as against loss of US$40 million in first half of FY18.

 

 

POG-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, before the market close, at 2.45 pm GMT), POG shares were trading at GBX 9.90. Stock’s 52 weeks High and Low are GBX 10.46 /GBX 5.15.

About Hochschild Mining Plc

Hochschild Mining Plc (HOC) is a precious metals producer company with business operations spread across the Americas for more than 50 years. The company is mainly focusing on good quality gold and silver deposits. The company is presently operating in 3 underground mines in southern Peru and one underground mine in southern Argentina. The company operates in epithermal vein mines and uses cut and fill mining method, and the extracted ore is processed into gold-silver concentrate. The company is headquartered at Lima, Peru and is having offices in Argentina and London as well.

HOC-Financial Highlights for H1 FY 2019 

In the first half of the financial year 2019, the company’s reported revenue declined by 5 per cent to $354,450 thousand from $372,328 thousand in H1 FY2018. Gross profit for H1 FY2019 dipped to $101,619 thousand from $105,069 thousand in H1 FY2018. The total PBT from continuing operations was down by 23.4 per cent to $29,518 thousand in H1 FY2019 from $38,554 thousand in H1 FY2018. The profit for the year before exceptional items stood at $25,085 thousand in H1 FY2019 against $22,242 thousand in H1 FY2018. The total net profit of the year was $16,661 thousand in H1 FY2019. The total basic and diluted earnings per share stood at US$0.03 in H1 FY2019 versus US$0.03 in H1 FY2018. 

 

HOC-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.43 pm GMT), HOC shares were trading at GBX 197.90. Stock’s 52 weeks High and Low are GBX 232.20/GBX 146.65.

 

About Polymetal International PLC

Polymetal International PLC (POLY) is a Cyprus-headquartered leading gold and silver producer with a high-quality, low-cost asset base, and operations in Kazakhstan and Russia. Along with a pipeline of future growth projects, the company has a portfolio of nine producing gold and silver mines and is the 2nd largest in Russia for gold production. Currently, the group is a member of the FTSE 250 index and is listed on Moscow Stock Exchange as well. The group has five reportable segments: Magadan, Ural, Kazakhstan, Khabarovsk and Armenia.

POLY-Financial highlights for H1 FY19

The company’s revenue surged by 20 per cent to US$946 million in H1 FY19 as against US$789 million in H1 FY18. The company’s net earnings plunged by 13 per cent to US$153 million in H1 FY19 as against US$175 million in H1 FY18. The company has declared an interim dividend of $0.20 per share for H1 FY19.

POLY-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.42 pm GMT), POLY shares were trading at GBX 1,122.00. Stock’s 52 weeks High and Low are GBX 1,214.19 /GBX 593.80.

About Acacia Mining PLC

Acacia Mining PLC (ACA) is a London, United Kingdom-headquartered gold mining company and is the holding company of the Acacia Group, which is the largest gold miner in Tanzania. On the Dar es Salaam Stock Exchange, the company has a secondary listing. The group’s operations are differentiated in three operating segments which are based on its gold mine, namely North Mara, Bulyanhulu and Buzwagi.

ACA-Financial Highlights for FY 2018

Driven by a strong operating performance at all three mines, the gold production at 521,980 ounces for the year was considerably higher than the initial guidance. Due to lower capital allocation, strong cost discipline and higher production base, the group’s cost per ounce sold were $905, which was lower than the full-year guidance range. Revenue for the year declined by 12% to $664 million, due to the lower sales base. Due to lower revenue, EBITDA also decreased by 12% to $226 million, while adjusted EBITDA declined by 41% to $183 million. Despite the export ban, the company reported a profit of $59 million as compared to a net loss of $707 million in 2017. However, due to lower revenue, adjusted net earnings declined to $44 million from $146.2 million in 2017. This translates into adjusted EPS of 10.8 cents per share as compared to 35.7 cents per share in FY2017.

ACA-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.40 pm GMT), ACA shares were trading at GBX 234.4. Stock’s 52 weeks High and Low are GBX 275/GBX 93.56.

About Shanta Gold Ltd

Shanta Gold Ltd (SHG) is an AIM-listed gold company which focuses on production, development and exploration in the East Africa region. The company is focused on the New Luika Gold Mine, its flagship asset, which is in southwest Tanzania and is a low cost and cash generative operation boasting high-grade resources.

SHG-Financial highlights for H1 FY19

The company’s revenue stood at US$53.6 million in H1 FY19 as against US$49.3 million in H1 FY18. The company was able to reduce gross debt to US$30.1 million in H1 FY19 as against US$40.5 million in FY18. The company had cash balances of US$9.3 million.

SHG-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.39 pm GMT), SHG shares were trading at GBX 8.40. Stock’s 52 weeks High and Low are GBX 10.40/GBX 3.82.

 

About Resolute Mining Limited

Resolute Mining Limited (RSG) is a Perth, Australia-headquartered gold producer, with operations in Africa and Australia, spanning across three gold mines. The existing shares of the company are trading on the London Stock Exchange as depository interests, and it has retained its existing primary listing on the Australian Securities Exchange, offering the company a dual listing.

RSG-Financial highlights for H1 FY19

The company’s revenue from sale of gold and silver was recorded at A$324 million in H1 FY19 as against A$243 million in H1 FY18. The company’s gross profit from continuing operations stood at A$69 million in H1 FY19 as against A$39 million in H1 FY18. The company’s net profit post taxation was recorded at A$39 million in H1 FY19 which was same as the previous year.

RSG-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.38 pm GMT), RSG shares were trading at GBX 82.75. Stock’s 52 weeks High and Low are GBX 119.50/GBX 65.50.

 

About Barrick Gold Corp

Barrick Gold Corp (0R22) is into mining and exploration of gold, copper and ancillary activities. The gold mining operations specifically are routed through Acacia (its own subsidiary) which owns and operates gold mines across Africa.

0R22-Financial highlights for Q2 FY19

The company’s net earnings were recorded at $194 million in Q2 FY19 as against $111 million in Q1 FY19. The company’s net cash generated by continuing operations stood at $434 million in Q2 FY19 as against $520 million in Q1 FY19. The company announced a quarterly dividend per share of $0.04 in the quarter.

0R22-Share price performance

Daily Chart as at 10th-September-19, before the market close (Source: Thomson Reuters)

At the time of writing, on 10th September 2019, (before the market close, at 2.35 pm GMT), Barrick Gold Corp shares were trading at GBX 1,430. Stock’s 52 weeks High and Low are GBX 189,637.10/GBX 850.00.

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