INFOGRAPHIC: 28 British Columbia gold and silver development stocks

MINING.com Editor | July 23, 2013 | 6:35 pm Precious Metals Gold Silver 

Part of Visual Capitalist’s (VC) Tickerscore series, this infographic looks at British Columbia (BC) gold and silver companies in the development stage.

VC highlights the cash-strapped reality for some of these companies, and isn’t afraid to name and shame those who don’t make the grade. But there are also “multiple BC development companies with strong cash positions, low burn rates, strong insider buying, and support from smart money. These companies are a good bet to emerge from the downturn to generate returns for shareholders.”

Check it out:

Recap: BC Development Stocks

Primary findings include:

  • More insiders are buying than selling. 36% of companies had insiders buying YTD, while 43% were holding and 21% were selling
  • 30% of companies have less than $300,000 in their coffers
  • On average, companies spend close to 60% on General and Administrative expenses (G&A expenses)
  • Management scores were low. Almost 60% of scores were below 50/100. Reasons: low institutional and management ownership, low YTD insider buying, and high G&A expenses
  • 16 companies (57%) will run out of cash in less than 5 months and will have to re-finance
  • 13 companies (46%) received a failing overall grade using our in-house Tickerscores algorithm 

Conclusion: Even in tough market conditions, there are multiple BC development companies with strong cash positions, low burn rates, strong insider buying, and support from smart money. These companies are a good bet to emerge from the downturn to generate returns for shareholders.

Also click here to check out one of VC’s hottest infographics, on global gold production.

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