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Goldsource Mines Inc. (V:GXS)

Business Focus: Gold Mining

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for GXS within the last 6 months
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Company News

Jun 14, 2019 09:46 ET
Goldsource Mines Reports 2019 AGM Voting Results and Stock Option Grants
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2019) - Goldsource Mines Inc. (TSXV: GXS) (FSE: G5M) ("Goldsource" or the "Company") reports on the following matters:
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May 21, 2019 09:00 ET
Goldsource Announces Exploration Update at Salbora Discovery and Positive Airborne Geophysics
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2019) -  Goldsource Mines Inc. (TSXV: GXS) (OTCBB: GXSFF) (FWB: G5M) ("Goldsource" or the "Company") is pleased to provide an exploration update for the high-grade Salbora discovery ("Salbora"), which includes the results from the reprocessing and re-interpretation of the 2007 airborne magnetic and radiometric surveys. Also, a second diamond drill conractor is being mobilized to increase drilling at Salbora, located approximately 1.5 kilometres northwest of the main Eagle Mountain Gold Project deposit ("Eagle Mountain" or "Project").
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Valuation Ratios

Industry
Sector
Beta
2.99
--
--
Price to Sales - TTM
--
5.25
6.89
Price to Book - most recent quarter
2.92
2.15
2.02
Price to Cash Flow per share - TTM
--
9.35
9.12
Price to Free Cash Flow per share - TTM
--
22.12
20.91
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Jun 15, 20196,000-172,000
May 31, 2019178,00091,409
May 15, 201986,591-9,529
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Gold

Goldsource Mines Inc. is a resource company. The Company is engaged in exploration and development. The Company is involved in the acquisition, exploration and evaluation of resource properties located in Canada and Guyana. The Company focuses to advance its Eagle Mountain Gold Project in Guyana, South America towards initial production. Its other mineral interests consist of coal exploration properties located in Saskatchewan, including the Border Coal Project. The Company, through its subsidiary, Stronghold Guyana Inc., holds a prospecting license on the Eagle Mountain Gold Project. The Eagle Mountain gold project is located approximately 200 kilometers southwest of Guyana's capital, Georgetown and over 50 kilometers from the Omai Gold Mine. The Border Coal Project is located on the eastern edge of central Saskatchewan, approximately 50 kilometers north of the town of Hudson Bay. The Border Property consists of approximately 16,070 hectares.

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