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Last $0.03 SGD
Change Today +0.002 / 8.00%
Volume 21.9M
LIGO On Other Exchanges
As of 10:30 PM 05/24/15 All times are local (Market data is delayed by at least 15 minutes).

liongold corp ltd (LIGO) Snapshot

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06/10/14 - $0.11
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03/17/15 - $0.01
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liongold corp ltd (LIGO) Details

LionGold Corp Limited, an investment holding company, engages in the exploration, development, and mining of gold projects. It operates through Office Equipment and Gold Investments segments. The company’s primary concessions are located in Australia, Ghana, and Bolivia. It also manufactures and sells office equipment comprising paper shredders, laminators, binders, trimmers, and computer accessories, as well as engages in trading activities. The company was formerly known as The Think Environmental Company Limited and changed its name to LionGold Corp Limited. LionGold Corp Limited was incorporated in 2004 and is based in Singapore.

Founded in 2004

liongold corp ltd (LIGO) Top Compensated Officers

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liongold corp ltd (LIGO) Key Developments

LionGold Corp Ltd Reports Earnings Results for the Third Quarter Ended December 31, 2014

LionGold Corp. Ltd. reported earnings results for the third quarter ended December 31, 2014. For the quarter, revenue was SGD 19.1 million against SGD 14.9 million a year ago. Pre-tax loss from continuing operations was SGD 14.9 million against SGD 8.6 million a year ago. Net loss attributable to equity holders was SGD 12.5 million against SGD 10.9 million a year ago. The improvement in revenue was on the back of 26.3% increase in the quantity of gold sold to 12,110 ounces as well as an increase in the average selling price of gold from AUD 1,361 to AUD 1,421. As of 31 December 2014, LionGold derives 100% of its revenue from the sale of gold.

LionGold Corp Ltd Announces Earnings and Production Results for the Second Quarter Ended September 30, 2014

LionGold Corp. Ltd. announced earnings and production results for the second quarter ended September 30, 2014. For the quarter, the company reported revenue was SGD 18.5 million against SGD 24 million a year ago. Pre-tax loss from continuing operations was SGD 13.5 million against SGD 45.1 million a year ago. Net loss attributable to equity holders was SGD 14.4 million against SGD 44.9 million a year ago. The lower year-on-year revenue was mainly due to a record gold grade achieved in the second quarter of 2014. The losses are mainly attributable to loss on disposal of Acadian Mining, loss recognised on the reduction of shareholding interest in the Amayapampa Gold Project and impairment loss on available-for-sale financial assets. For the quarter, the company reported ounces produced was 11,736 against 13,846 a year ago. Ounces sold was 11,569 against 14,107 a year ago. Cash operating cost per ounce sold was AUD 871 against AUD 653 a year ago. All-in sustaining cost per ounce sold was AUD 999 against AUD 1,011 a year ago. Selling price per ounce sold was AUD 1,386 against AUD 1,451 a year ago.

LionGold Corp Ltd Provides Earnings Guidance for the Half Year Ended September 30, 2014

The Board of Directors of LionGold Corp. Ltd. announced that the group is expected to report a loss before tax for the half year ended 30 September 2014. Based on a preliminary review of the Group's performance, the loss is mainly attributable to: losses arising from impairment loss on other receivables; and losses arising from impairment loss on available-for sale financial assets.


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