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Gran Colombia Gold

Buy Gran Colombia Gold stocks

GRAN COLOMBIA GOLD (GCM) Stocks

ABOUT GRAN COLOMBIA GOLD

Gran Colombia Gold Corp. is a Canadian-based mid-tier gold producer with its focus in Colombia where it is the largest underground gold and silver producer with several mines in operation at its Segovia and Marmato Operations. It headquarters in Toronto, Canada with a staff of over 2 500. It was founded in 1982.

Gran Colombia Gold Corp. is focused on exploration, expansion and modernization activities at its flagship high-grade Segovia Operations and continues to explore its multi-million ounce Marmato Project while it moves toward a major expansion of underground gold mining operations. Gran Colombia also has a 20% equity interest in Sandspring Resources Ltd., a Canadian junior mining company currently moving toward a feasibility study for its multi-million ounce Toroparu Project in the western Guyana gold district.

In the past, the company has successfully implemented a number of cost savings initiatives, bringing its All-In Sustaining Cost (AISC) to US 907 per ounce in 2018 and expected to be below US 950 in 2019.

OVERVIEW OF GRAN COLOMBIA GOLD

  • Gran Colombia Gold Corp. is a Canada-based gold and silver exploration and development company. It is an underground gold and silver producer in Colombia with several underground mines and two processing plants in operation.

  • It holds interest in underground gold and silver mining operation in Colombia, the Segovia Operations, and holds interest in the Marmato Project.

  • The Segovia Operations include the El Silencio, Providencia and Sandra K underground mines in the Municipality of Segovia, and the Carla underground mine in the Municipality of Remedios. It has exploration properties in Venezuela.

  • The Zancudo project in the Titiribi mining district of Antioquia comprises a gold mine, the Independencia Mine, in the Middle Cauca Gold Belt.

VISION AND VALUES OF GRAN COLOMBIA GOLD

  • Gran Colombia Gold Corp. strives to drive positive change in the communities, health and safety, wages, pensions, the environment, economic growth, diversity and education in the communities where it operates. It focusses on valuation growth. The company believes strongly in its potential for great success and seeks to build shareholder value by having a great plan, executing through hard work and collaboration, and by achieving targets.
  • Gran Colombia views responsible mining as a company-wide commitment. Every employee, from senior management through to the miners at each of its operations, endeavors to conduct its business in such a way to ensure lasting social progress and economic growth for all stakeholders.
  • The company is committed to being a responsible steward of the environment, to respecting communities within which it works and to maintaining industry best practice health and safety standards. Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF GRAN COLOMBIA GOLD

  • Gran Colombia Gold Corp trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol GCM. The company forms part of the TSX 500.

  • For the first nine months of 2019, the company reports an increase in revenue to US Dollar 238.0 million, up 19%. Adjusted EBITDA stands at US Dollar 129.8 million, up 27%. Net cash provided by operating activities brings the total for the first nine months of 2019 to US Dollar 68.7 million, up 22%.

  • Net income amounts to US Dollar 17.7 million (US Dollar 0.36 per share).

Buy GRAN COLOMBIA GOLD stocks / shares – A Step by Step Guide how to Buy / Purchase GRAN COLOMBIA GOLD 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 GRAN COLOMBIA GOLD 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 GRAN COLOMBIA GOLD 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 US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 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 GRAN COLOMBIA GOLD 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 GRAN COLOMBIA GOLD stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy GRAN COLOMBIA GOLD stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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