Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Cardinal Resources Ltd

www: cardinalresources.com.au   email: info@cardinalresources.com.au
Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
ASX:CDV AUD
TSE:CDV CAD
OTCMKTS:CRDNF USD

Description

Cardinal Resources Ltd are a gold focused junior, late stage development company with three exploration properties in Ghana. They have approximately 7Moz. of gold in the reserves and resources category of which 6.5Moz. are in the measured and indicated category. They have a market capitalisation of ~A$403.93M which is a rise of roughly 248% over the last ten months. As of 11/24/2019 they have ~A$25M debt and ~A$19.66M cash. They have 494M shares outstanding and trade on the Australian Stock Exchange, the Toronto Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 11/24/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $116.11M $403.93M 11/24/2019 $287.81M
Total Assets: $21.74M $23.30M 11/24/2019 $1.56M
Total Liabilities: $25.13M $26.94M 11/24/2019 $1.81M
Current Assets: $21.06M $22.57M 11/24/2019 $1.51M
Current Liabilities: $1.36M $1.46M 11/24/2019 $0.10M
Total Debt: $23.77M $25.48M 11/24/2019 $1.71M
Cash: $18.34M $19.66M 11/24/2019 $1.32M
Enterprise Value: $121.55M $409.75M 12/26/1982 $288.20M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: 11/24/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 11/24/2019 0.00%
Misc 11/24/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 493,940,000 493,940,000 11/24/2019 0
Shares (FD): 526,000,000 526,000,000 11/24/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 11/24/2019 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
11/24/2019 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
11/24/2019 0
Initial CapEx (Outstanding): n/a n/a 11/24/2019 n/a
Funding Option: n/a n/a 11/24/2019 n/a
Documentation: none none 03/16/2020 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 11/24/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 5.00M 5.00M 11/24/2019 0.00M
Measured & Indicated: 6.50M 6.50M 11/24/2019 0.00M
Inferred: 0.50M 0.50M 11/24/2019 0.00M
Reserves & Resources: 7.00M 7.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 4.25M 4.25M 11/24/2019 0.00M
Measured & Indicated: 5.27M 5.27M 11/24/2019 0.00M
Inferred: 0.21M 0.21M 11/24/2019 0.00M
Reserves & Resources: 5.48M 5.48M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 11/24/2019 $0.00
Extra Operating Cost: n/a n/a 11/24/2019 $0.00
Average Grade: 1.20 g/t 1.20 g/t 11/24/2019 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 03/16/2020 0.00%
F
U
T
U
R
E
Proven & Probable: 5.00M 5.00M 11/24/2019 0.00M
Annual Production: 300,000oz. 300,000oz. 11/24/2019 0oz.
Cash Cost: $750 $750 11/24/2019 $0
Extra Operating Cost: $400 $400 11/24/2019 $0
SILVER 11/24/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 11/24/2019 0.00M
Measured & Indicated: n/a n/a 11/24/2019 0.00M
Inferred: n/a n/a 11/24/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 11/24/2019 0.00M
Measured & Indicated: n/a n/a 11/24/2019 0.00M
Inferred: n/a n/a 11/24/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 11/24/2019 $0.00
Extra Operating Cost: n/a n/a 11/24/2019 $0.00
Average Grade: n/a n/a 11/24/2019 n/a
Recovery Rate: n/a n/a 11/24/2019 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 11/24/2019 0.00M
Annual Production: n/a n/a 11/24/2019 n/a
Cash Cost: n/a n/a 11/24/2019 n/a
Extra Operating Cost: n/a n/a 11/24/2019 n/a

Property

Last Analysis Data  (11/24/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration West Africa, Ghana Bolgatanga 100% (guess) 66,000 Underground show
Early exploration.
Exploration West Africa, Ghana Namdini 100% (guess) n/a Open Pit show
7 million oz open pit project at 1.2 gpt.
Exploration West Africa, Ghana Subranum 100% (guess) n/a Open Pit show
Early exploration
Total Land Package Size (ha): 66,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration West Africa, Ghana Bolgatanga 100% (guess) 66,000 Underground show
Early exploration.
Exploration West Africa, Ghana Namdini 100% (guess) n/a Open Pit show
7 million oz open pit project at 1.2 gpt.
Exploration West Africa, Ghana Subranum 100% (guess) n/a Open Pit show
Early exploration
Total Land Package Size (ha): 66,000  

Profitability (by resource)

Proven &
Probable
11/24/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 5.00M 5.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -43.43M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 4.25M 4.25M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -36.92M
Maximum Profit (Gold): $925.52M $2,257.13M n/a $1,331.61M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $925.52M $2,257.13M n/a $1,331.61M
Max Profit / Current MCap: 7.971 5.588 n/a -2.383
Max Profit Per Share (Gold): $1.76 $4.29 n/a $2.53
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.76 $4.29 n/a $2.53
Total Free Profit Per Share: $1.43 $3.27 n/a $1.84
FD Mkt. Cap / Gold Eq.: $27.32 $95.04 n/a $67.72
FD Mkt. Cap / Silver Eq.: $0.32 $1.23 n/a $0.91
FD Mkt. Cap / Per Metal
as % Spot Price:
1.87% 4.98% n/a 3.11%
Measured &
Indicated
11/24/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 6.50M 6.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -56.46M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 5.27M 5.27M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -45.78M
Maximum Profit (Gold): $1,147.65M $2,798.84M n/a $1,651.20M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,147.65M $2,798.84M n/a $1,651.20M
Max Profit / Current MCap: 9.884 6.929 n/a -2.955
Max Profit Per Share (Gold): $2.18 $5.32 n/a $3.14
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.18 $5.32 n/a $3.14
Total Free Profit Per Share: $1.86 $4.30 n/a $2.44
FD Mkt. Cap / Gold Eq.: $22.03 $76.65 n/a $54.61
FD Mkt. Cap / Silver Eq.: $0.26 $0.99 n/a $0.73
FD Mkt. Cap / Per Metal
as % Spot Price:
1.51% 4.02% n/a 2.51%

Reserves &
Resources
11/24/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 7.00M 7.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -60.80M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 5.48M 5.48M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -47.62M
Maximum Profit (Gold): $1,193.92M $2,911.70M n/a $1,717.78M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,193.92M $2,911.70M n/a $1,717.78M
Max Profit / Current MCap: 10.282 7.208 n/a -3.074
Max Profit Per Share (Gold): $2.27 $5.54 n/a $3.27
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.27 $5.54 n/a $3.27
Total Free Profit Per Share: $1.94 $4.52 n/a $2.57
FD Mkt. Cap / Gold Eq.: $21.18 $73.68 n/a $52.50
FD Mkt. Cap / Silver Eq.: $0.25 $0.95 n/a $0.71
FD Mkt. Cap / Per Metal
as % Spot Price:
1.45% 3.86% n/a 2.41%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.