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Aldridge Minerals Inc. are a gold and silver focused junior, late stage development company with one mine in development in Turkey and one exploration property. They have approximately 0.9Moz. of gold and 26Moz. of silver in the reserves and resources category of which 0.8Moz. of gold and 25Moz. of silver are in the measured and indicated category. They have a market capitalisation of ~$14.2M which is a fall of roughly 22% over the last eight months. As of 06/30/2017 they have ~$35M debt and ~$5M cash. They have 140M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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Profitability (by resource)
Future Valuation (Cash Flow & Totals)
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They released a feasibility study to produce 55,000 of gold and 1.5 million oz of silver, and enough copper, zinc, and lead to produce their precious metals for a very low cost.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
$3.47 - 5/2/2008
Stock Price USA 5-Year Low ($) (including date)
9 Cents - 12/15/2015
Appear capable of building the mine. Can the get financing?
Turkey and Papua New Guinea
Local Issues (wag)
Potential long term political issues.
100% of their flagship Yenipazar in Turkey
Country of Incorporation
Their Yenipazar project in Turkey is a 1 million oz resource (1 gpt).
Yenipazar has 30 million oz of silver (1 opt), and significant copper, zinc, and lead.
Shareholder Friendly (wag)
Yes, but starting to get diluted. And they need to raise a lot of money to build the mine. Shareholders could be harmed.
Yenipazar is a potential flagship
Ore Grade (wag)
1 gpt surface mine.
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