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Amarillo Gold Corp are a gold focused junior, late stage development company with one mine in development in Brazil and three exploration properties. They have approximately 1.8Moz. of gold in the reserves and resources category of which 1.3Moz. are in the measured and indicated category. They have a market capitalisation of ~C$21.82M which is a fall of roughly 17% over the last seven months. As of 03/31/2017 they have ~C$8M debt and ~C$0.5M cash. They have 80M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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Profitability (by resource)
Future Valuation (Cash Flow & Totals)
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Pre-feasibility study completed in 2011 for first mine.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
Stock Price USA 12 Months Ago ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
$1.82 - 1/13/2011
Stock Price USA 5-Year Low ($) (including date)
3 Cents - 4/1/2015
Appear to be capable building the mine. Frank Baker has built and operated 5 mines. Chairman came from Wesdome and operations experience. The CEO (Buddy Doyle) has not operated a mine but has a lot of experience.
Local Issues (wag)
Excellent infrastructure for Mara Rosa, their first mine.
100% of their main Mara Rosa project. 51% of their Lavras do Sul project.
Country of Incorporation
Four properties in Brazil.
Shareholder Friendly (wag)
Mara Rosa is a potential flagship
Ore Grade (wag)
Mara Rosa is about 1.6 gpt. Lavras Do Sul is about .8 gpt.
12/4/2014: Increased rating from 2 to 3, because have a new credit line for $5 million to roll over their debt.
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