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Batero Gold Corp are a gold focused junior, late stage development company with one mine in development in Colombia. They have approximately 2Moz. of gold in the reserves and resources category of which 1.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$8.44M which is a fall of roughly 5% over the last six months. As of 02/28/2017 they have no debt and ~C$9.06M cash. They have 115M 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 their first 43-101 resource estimate in February 2012 and the stock dropped from $2.40 to $1.20. Investors did not like the grade, which was about .6 gpt.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change Last 12 Months (%)
Stock Price USA 5-Year High ($) (including date)
$6.49 - 3/4/2011
Stock Price USA 5-Year Low ($) (including date)
5 Cents - 9/24/2015
Appear to have a good team.
Local Issues (wag)
Good infrastructure and community relations.
Country of Incorporation
One property (several deposits) in Colombia called the Quinchia project on 3500 acres.
Significant silver offsets (25 million oz). Plus 400 million lbs of copper.
Shareholder Friendly (wag)
Currently low dilution.
Ore Grade (wag)
low grade surface mine (.5 gpt)
200 meters @ .8 gpt. Excellent drill results.
12/31/2016: Decreased rating from 3.5 to 3 after they sold their Red Eagle shares.
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