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Last C$0.46 CAD
Change Today 0.00 / 0.00%
Volume 0.0
GMN On Other Exchanges
As of 10:02 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

gobimin inc (GMN) Snapshot

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52 Week High
12/5/14 - C$0.51
52 Week Low
07/4/14 - C$0.39
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gobimin inc (GMN) Details

GobiMin Inc., together with its subsidiaries, explores, develops, and exploits mineral properties primarily in the Xinjiang Uygur Autonomous Region of the People’s Republic of China. It holds a 70% equity interest in the Sawayaerdun gold project, located to the northwest of the city of Kashi, western Xinjiang; and a 3.5% equity interest in the Yanxi copper property covering an area of approximately 20.52 square kilometers in Xinjiang. The company is based in Toronto, Canada.

gobimin inc (GMN) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: C$296.8K
Chief Financial Officer, Vice President of Co...
Total Annual Compensation: C$161.4K
General Manager and Director
Total Annual Compensation: C$150.3K
Compensation as of Fiscal Year 2014.

gobimin inc (GMN) Key Developments

GobiMin Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

GobiMin Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported other revenue of USD 0.2 million compared to USD 0.2 million a year ago. Loss for the period was USD 0.7 million compared to USD 0.6 million a year ago. LBITDA was USD 0.6 million compared to USD 0.6 million a year ago. Basic and diluted loss per share was USD 0.012 compared to USD 0.009 a year ago. LBITDA per share was USD 0.011 compared to USD 0.010 a year ago.

GobiMin Inc. Declares Annual Dividend for 2014, Payable on June 24, 2015; Announces Financial Results for the Year Ended December 31, 2014

On April 23, 2015, GobiMin Inc. declared an annual dividend of CAD 0.01 per share in accordance with its dividend policy and 2014 performance. The dividend is payable on June 24, 2015 to shareholders of record on May 29, 2015. The company announced financial results for the year ended December 31, 2014. For the year, the company reported profit for the year of CAD 0.3 million or CAD 0.01 per basic and diluted share against loss for the year of CAD 3.6 million or CAD 0.05 per basic and diluted share a year ago. EBITDA was CAD 0.6 million of CAD 0.01 per share against LBITDA of CAD 4.2 million of CAD 0.07 per share a year ago.

GobiMin Updates Resource Estimates at Sawayaerdun Gold Project

GobiMin Inc. announced the updated resource estimates prepared by Mining One Pty Ltd. ("Mining One") for the Sawayaerdun Gold Project. Mineral Resources contained within the Project have been independently estimated by Mining One and based on data collected by the Company as at October 13, 2014. The 2014 resources have been estimated using result from 313 surface diamond drill holes for a total of 97,204m plus adits and trenches. The resource 2014 infill drilling results have further increased the confidence and understanding of the mineralization particularly within the measured and indicated areas of the resources and thus provide more reliable data for the mining plan.


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