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Which one is the better company?
Company name Price Price-to-book Mkt Cap
BAA Banro Corporation 0.440 0.20 148.68M
GUY Guyana Goldfields... 6.93 5.60 1.05B
Guy guidance for 2016 of approximately 130,000 to 150,000 ounces of gold.
Baa Consolidated (oz), full year 210,000 to 230,000
Guyana Q1
Cash flow from operating activities
$23,637
Cash and cash equivalents$ 18,520
Restricted cash balances$23,146
Total assets $ 365,471
Long-term debt $148,860
Banro Year End 2015
Total assets 871,731
Long term debt 168,127
Banro
Q1 OPERATIONAL HIGHLIGHTS
Twangiza and Namoya produced a combined 44,192 ounces of gold
Guyana Gold Fields
Q1 2016 Highlights
Generated $18.3 million of free cash flow¹, or $0.12 per share, in the Company's first ever quarter of commercial production.
Added $5.6 million of cash to the balance sheet after making debt principal repayments of $6.8M, debt interest payment of $2.5 million, and reducing accounts payable and accrued liabilities by $5.0 million.
Finished the first quarter with a cash balance of $41.7 million made up of cash and cash equivalents of $18.5 million and restricted cash of $23.1 million.
Produced 41,281 ounces of gold and sold 40,568 ounces of gold at an average realized gold price of $1,196 per ounce, generating gross revenues of $48.5 million and representing a margin of $418 per ounce above the Company's All-in sustaining cost (AISC)¹.
Generated operating cash flow per share¹ of $0.15 and net earnings per share of $0.04.
