Press release -
Ringler Research: Financial analysis about gold producer Galane Gold published / Analytical valuation price of 0.50 CAD / 0.345 € (+316% upside target)
Ringler Research: Financial analysis about gold producer Galane Gold published / Analytical valuation price of 0.50 CAD / 0.345 € (+316% upside target)
Original Research from Ringler Research, a brand of Ringler Consulting and Research GmbH
Analyst: Carsten Ringler
Type of study: Research update as of 22.09.2016
Analytical valuation price target: 0.50 CAD / 0.345€
Last closing price as of 21.09.2016: 0.12 CAD / 0.09 €
Projected upside potential to the analytical valuation price target: 316%
Sector: Mining and Metals
ISIN Nummer: CA36316B1085
WKN Wertpapierkennnummer: A1JR79
We report in our financial analysis about Galane Gold Ltd., which owns and develop two precious metals projects in Africa. The author Carsten Ringler describes the projects and performs various calculations. As a result of the analysis the author Carsten Ringler is quoted: "We like the strong growth potential at both project and the low valuation of Galane versus its peer-group. "
About the company:
Galane Gold is a gold producer and developer and operates two mining properties in Botswana and South Africa. “Mupane” in Botswana has been in production since 2005 and in 2015, a total of 24,321 ounces gold were produced. The second project "Galaxy" in South Africa is currently planned to be in production by the end of 2016.
Galane Gold is listed on the Canadian Stock Exchange and the Frankfurt Stock Exchange.
More information about the projects and the company can be found at:http://www.galanegold.com/
About Ringler Research:
Ringler Consulting and Research GmbH offers a wide range of consulting services for mining comapnies and institutional capital market participants. This includes, for example, the creation and distribution of equity research studies on mining companies.
The complete financial analysis can be downloaded for free after a short registration under the following link: http://www.mining-research.com/research-berichte
Please note the disclaimer, the important notes at the end of the financial analysis and on the website: http://www.mining-research.com/disclaimer
This press release and the financial analysis is not an investment advice or recommendation of certain market transactions.
Press contact for Ringler Consulting and Research GmbH
Contact person: Carsten Ringler
Telephone: +49 172 6918274
Mail: c.ringler@gmx.de
Webpage: www.mining-research.com
Topics
- Market, Stock market
Categories
- ringler research
- mining
- commodities
- carsten ringler
- south africa
- botswana
- gold
- precious metals
- gold producer
- galane gold