Minco Gold Corporation (ADR) (AMEX:MGH)
About Minco Gold Corporation Minco Gold Corporation (Minco Gold) is an exploration-stage company engaged in the exploration and acquisition of gold properties in the Peopleâ€™s Republic of China. The Company holds interest in a number of sino-foreign, co-operative joint ventures with Chinese mining organizations, holding mineral rights in China, located in Inner Mongolia, Guangdong, Hunan and Gansu provinces. Its gold projects include Gobi Gold, Gold Bull Mountain, Longnan and Changkeng.
52 week range
$0.65 - $2.91
Financials Minco Gold Corporation (ADR) (AMEX:MGH) engendered operating income of $14.10 billion in current quarter which is enormously greater than previous quarter’s revenue of $9.65 billion. Moreover, Operating and net income have gone up significantly which is a good sign for the investors. The company’s cash flow from operation stood at $1.11 million as contrasted to last quarter’s cash flow from operation which was placed at $1.52 million. Increased CFOshows that the company generated more cash than its expenses. The company’s total assets accumulate up to $17.26 million as per its latest financials as on September 30th, 2010. Current assets claim to have the highest contribution in the total assets. The company’s current assets and current liabilities build up to $11.15million and $7.78 million respectively.
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Published on Jan 9, 2011
About Minco Gold Corporation Minco Gold Corporation (Minco Gold) is an exploration-stage company engaged in the exploration and acquisition...