'Cash Is King' For These 5 Junior Gold Miners

‘Cash is King’ for the 5 TSX gold stocks on our list today as these junior miners run their operations with positive cash flow, no easy task in the gold mining industry. In addition, each company has a strong balance sheet, which means more options for growth, whether it be through a strategic acquisition or through capital expansion.

Written by SmallCapPower.com 

1. Centerra Gold Inc. (TSX: CG)(CAGDF) – $6.68 Canadian
Gold

Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world.

Its Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine. It's Mongolian segment includes Centerra Gold Mongolia LLC (CGM) (Mongolia), which operates ATO Project and Gatsuurt Project, and Boroo Gold LLC (BGC) (Mongolia), which operates Boroo Mine.

Its Turkish segment includes Centerra Luxembourg Holdings S.ar.L (Luxembourg), Centerra Exploration B.V. (CEBV) (The Netherlands), and Oksut Madencilik Sanayi Ve Tkaret A.S. (Turkey), which operates Oksut Project.

  • Market Cap: $1,946 million CAD
  • Total Revenue (LTM): $798 million CAD
  • Total Debt (FQ0): $128.68 million CAD
  • Free Cash Flow (FY0): $123,024,630.00 CAD

2. Semafo Inc. (TSX: SMF)(SEMFF) – $4.83 Canadian
Gold

SEMAFO Inc. is a Canada-based mining company. The Company, through its subsidiaries, is engaged in gold mining activities, including exploration, development and operations.

Its properties include Mana project, which is located in Burkina Faso that includes the satellite Siou and Fofina deposits; Natougou advanced gold deposit, which is located approximately 320 kilometers east of Ouagadougou, and consists of a drill database of over 170 diamond, 625 multi-purpose (reverse-circulation (RC) pre-collar and core tail) and 550 RC drill holes; Banfora project, which is located approximately 200 kilometers south west of Mana, and Nabanga project, which is located approximately 250 kilometers south-east of Ouagadougou.

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