Last C$0.18 CAD
Change Today +0.005 / 2.86%
Volume 305.5K
BAA On Other Exchanges
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As of 3:59 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

banro corporation (BAA) Snapshot

Open
C$0.18
Previous Close
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Day High
C$0.19
Day Low
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52 Week High
03/14/14 - C$0.85
52 Week Low
10/8/14 - C$0.13
Market Cap
45.4M
Average Volume 10 Days
679.5K
EPS TTM
C$-0.01
Shares Outstanding
252.1M
EX-Date
--
P/E TM
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Dividend
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banro corporation (BAA) Details

Banro Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties. The company holds a 100% interest in 4 gold properties, including Twangiza, Namoya, Lugushwa, and Kamituga comprising 13 exploitation permits that cover an area of approximately 2,612 square kilometers in the South Kivu and Maniema provinces of the Democratic Republic of the Congo. It also owns 14 exploration permits covering an area of 2,638 square kilometers located in the vicinity of Twangiza and Namoya properties. The company was formerly known as Banro Resource Corporation and changed its name to Banro Corporation in January 2001. Banro Corporation was founded in 1951 and is headquartered in Toronto, Canada.

1,358 Employees
Last Reported Date: 03/31/14
Founded in 1951

banro corporation (BAA) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $458.3K
Founder and Executive Vice-President
Total Annual Compensation: $550.0K
Head of Projects & Operations
Total Annual Compensation: $237.5K
Senior Vice President of Commercial and DRC A...
Total Annual Compensation: $330.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $308.3K
Compensation as of Fiscal Year 2013.

banro corporation (BAA) Key Developments

Banro Corporation Reports Production Results for the Fourth Quarter and Full Year of 2014

Banro Corporation reported production results for the fourth quarter and full year of 2014. For the quarter, total ore mined was 556,856 tonnes against 366,625 tonnes a year ago. Total ore milled was 370,881 tonnes against 282,831 tonnes a year ago. Gold production was 29,445 ounces against 22,858 ounces a year ago. For the full year, total ore mined was 1,927,744 tonnes against 1,758,972 tonnes a year ago. Total ore milled was 1,358,726 tonnes against 1,023,981 a year ago. Gold production was 98,184 ounces against 82,591 ounces a year ago.

Banro Corporation Reports Unaudited Consolidated Financial and Operating Results for the Third Quarter and Nine Months Ended September 30, 2014

Banro Corporation reported unaudited consolidated financial and operating results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of USD 33,285,000 compared to USD 27,133,000 a year ago. Net income was USD 3,750,000 or USD 0.01 per basic and diluted share compared to net loss of USD 3,671,000 or USD 0.01 per basic and diluted share a year ago. Net income from operations was USD 645,000 against loss of USD 456,000 a year ago. Net cash flows provided by operating activities were USD 2,329,000 against USD 9,900,000 a year ago. Acquisition of property, plant, and equipment was USD 3,896,000 against USD 9,170,000 a year ago. Expenditures on exploration and evaluation were USD 1,024,000 against USD 4,375,000 a year ago. Expenditures on mine under construction, net of pre-production Revenues were USD 8,153,000 against USD 32,311,000 a year ago. EBITDA was USD 13,815,000 against USD 3,186,000 a year ago. For the nine months, the company reported revenues of USD 90,258,000 compared to USD 84,786,000 a year ago. Net income was USD 48,000 compared to net loss of USD 456,000 a year ago. Net loss from operations was USD 952,000 against loss of USD 2,561,000 a year ago. Net cash flows provided by operating activities were USD 18,191,000 against USD 15,944,000 a year ago. Acquisition of property, plant, and equipment was USD 12,733,000 against USD 28,536,000 a year ago. Expenditures on exploration and evaluation were USD 6,639,000 against USD 16,234,000 a year ago. Expenditures on mine under construction, net of pre-production Revenues were USD 34,651,000 against USD 103,870,000 a year ago. EBITDA was USD 24,303,000 against USD 18,852,000 a year ago. EBITDA for the three and nine months ended September 30, 2014 was 333% and 29% higher than the corresponding periods in 2013, primarily due to an increase in gold ounces sold while operating expenses remained flat, partially offset by a decrease in the realized price. Revenues increased in the three and nine month periods ended September 30, 2014 as compared to the corresponding periods of 2013 as a result of increased gold ounces sold, partially offset by lower average realized gold prices. The income generated in the three and nine month periods ended September 30, 2014 was driven by the mining operations as a result of higher ounce production and gross earnings from the Twangiza operations. For the quarter, the company reported production of 27,171 ounces of gold compared to 20,784 ounces a year ago. Sales were 26,997 ounces of gold compared to 20,410 ounces of gold a year ago. Average gold price received was USD 1,233 per oz against USD 1,329 per oz a year ago. For the nine months, the company reported production of 68,739 ounces of gold compared to 59,733 ounces a year ago. Sales were 71,961 ounces of gold compared to 59,118 ounces of gold a year ago. Average gold price received was USD 1,254 per oz against USD 1,434 per oz a year ago.

Banro Corporation to Report Q3, 2014 Results on Nov 11, 2014

Banro Corporation announced that they will report Q3, 2014 results on Nov 11, 2014

 

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BAA

Industry Average

Valuation BAA Industry Range
Price/Earnings 16.7x
Price/Sales 0.3x
Price/Book 0.1x
Price/Cash Flow 1.3x
TEV/Sales NM Not Meaningful
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