With Low D/E Multiples & Strong Cash Flows These Gold Juniors Are Poised To Shine

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

With the possibility of numerous interest rate hikes coming and a current strong U.S. dollar pressuring the gold price, we have identified 5 low-debt TSX gold juniors with positive cash flows ideally positioning the companies to take on cheap debt in order to finance projects for future growth.

Written by SmallCapPower.com

With low D/E multiples and strong cash flows, the 5 TSX gold juniors on our list today are poised to shine:

1. Alacer Gold Corp. (TSX: ASR)(ALIAF) – $2.51

Alacer Gold Corp. (Alacer) is an intermediate gold mining company that operates in the segment of mining, development and exploration of mineral deposits in Turkey. The Company’s principal products are gold, copper and silver. The Company has an interest in the Copler Gold Mine in Turkey. Its Copler Sulfide Expansion Project is a gold exploration project located in east-central Turkey. Its prospects include Yakuplu Southeast prospect, Yakuplu East prospect, Yakuplu North prospect, Bayramdere prospect and Dursunbey project.

  • Market Cap: $733 million
  • Free Cash Flow: $60 million
  • Total Debt: $0
  • Debt to Equity: 0%

2. Argonaut Gold Inc. (TSX: AR)(ARNGF) – $2.81

Argonaut Gold Inc. is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America. It owns the producing El Castillo mine in the State of Durango, Mexico; the producing La Colorada mine in the State of Sonora, Mexico; the advanced exploration-stage San Antonio property in the State of Baja California Sur, Mexico; the advanced exploration-stage Magino property in the Province of Ontario, Canada; the advanced exploration-stage San Agustin property located approximately 10 kilometers from the El Castillo mine in the State of Durango, Mexico, and various other exploration stage projects, all of which are located in North America.

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