CASSIUS MINING (CMD) Shares
ABOUT CASSIUS MINING
Cassius Mining Limited is a resource exploration and mining company with projects based in Africa, namely in Ghana and Madagascar. The company’s major project is located in the Upper East Region of Ghana. The Gbane Project is located 21 kilometers south-east of Bolgatanga, the capital of the Upper East region.
The company has been operating in Ghana since 2014 and was the first company to be issued a Large-Scale Licence in an area that was previously restricted to small scale local miners. The large scale licence provides the company with secure tenure underpinning a long-term commitment.
OVERVIEW OF CASSIUS MINING
Cassius Mining Limited’s portfolio consists of its Gbane Project and its Madagascar Soalara Limestone Project. The Gbane Project lies within the Talensi District of the Upper East region in northeastern Ghana. The company’s Large Scale Prospecting Licence covers a 13.791 km2 area.
The Project is at an advanced exploration stage. The Bolgatanga region is characterized by a series of highly prospective granite-greenstone belts (Bole / Nangodi Belt) located in the northeast region of Ghana, close to the border with Burkina Faso.
The company’s Madagascar Soalara Limestone Project is located immediately adjacent to the old Soalara Port in the south-west of Madagascar, south of the Toliara port. The deposit is approachable by sea and by land from the Tuléar – Antananarivo national highway and of late via the St Augustin ferry introduced in May 2011.
Apart from its intrinsic value, the location of this limestone resource makes it economically and strategically important for domestic and international supplies. The initial production rate could be two million tonnes of product per annum dependent on a possible take-off agreement, with potential to mine and sell limestone to the international market.
VISION & VALUES OF CASSIUS MINING
Cassius Mining Limited aspires to be the corporate citizen of choice that is welcomed by the communities that host its activities. The company aims to enhance communities, behave with respect and care for people and the environment, take broad responsibility for the effects of its presence and deliver on its commitments.
To this end, the company focuses on creating self-empowerment within communities, which it does by encouraging innovative partnerships and initiatives that build the capacity of the local communities and remove the need for ongoing support and dependency.
The company works with its stakeholders to positively manage change and secure opportunities for people, economies, the natural environment, the built environment and communities.
MARKET PERFORMANCE OF CASSIUS MINING
Cassius Mining Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –CMD.
Data from the company’s 2019 financial analysis shows revenue of $ 4 billion, with exploration expenditure of $ 76 billion. Total comprehensive income for the year was $ 419 billion, down from $ 619 billion on the previous year.
This slight dip in earnings has been largely attributable to ongoing expansion of the company’s projects in a region with a history of underexploited deposits which set the company in good stead to gather returns going forward, providing a rising share price for investors with good long-term growth in dividends, and securing a solid buy-in for those who choose to purchase shares today.
Buy CASSIUS MINING stocks / shares – ? A Step by Step Guide how to Buy / Purchase CASSIUS MINING Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CASSIUS MINING Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CASSIUS MINING STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CASSIUS MINING STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CASSIUS MINING stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CASSIUS MINING stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?