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Last $0.02 USD
Change Today -0.0013 / -6.10%
Volume 1.9M
As of 5:20 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

medinah minerals inc (MDMN) Snapshot

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52 Week High
09/10/14 - $0.08
52 Week Low
08/31/15 - $0.02
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medinah minerals inc (MDMN) Details

Medinah Minerals Inc., a junior mining exploration company, engages in the exploration and development of mineral properties primarily in South America. The company primarily explores for gold, silver, copper, and molybdenum. It principally holds interest in the Altos de Lipangue and Las dos Marias claims, covering an area of approximately 28,000 gross hectares, located in Chile. The company was formerly known as Medinah Mining, Inc. and changed its name to Medinah Minerals Inc. in 2008. Medinah Minerals Inc. was founded in 1989 and is headquartered in Las Vegas, Nevada.

Founded in 1989

medinah minerals inc (MDMN) Top Compensated Officers

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medinah minerals inc (MDMN) Key Developments

Medinah Mining Chile Announces New Gold Zone Intersected in Diamond Drill Hole L15-24

Medinah Minerals Inc. reports that its 100% owned Chilean subsidiary, Medinah Mining Chile (MMC), has recently received a drilling report from AURYN Mining Chile SpA regarding the results of diamond drill hole L15-24. AURYNs Chief Geologist indicates that a New Gold Zone has been intersected. This near surface gold mineralization has not been encountered in previous drilling and provides new target on the Altos de Lipangue property located near Santiago, Chile. The highlight was a zone of 45 meters grading 0.78 g/t Au (from 3 to 48 meters depth) with high value being 8.34 g/t Au over 1 meter (from 30 to 31 meters depth). There also was a 5 meter zone of disseminated copper oxide (atacamite) from 70 to 75 meters depth that assayed 0.25% Cu.

Medinah Minerals, Inc. Announces Board Changes

Medinah Minerals Inc. announced that its Board of Directors has named Vittal Karra as the company's new President and Board Director, effective October 1, 2014. Outgoing Board Director Kyle R. Kirkland has resigned effective September 30, 2014, to focus on other professional demands. Management and the Board wishes to thank Mr. Kirkland for his astute contributions during his tenure.

Medinah Minerals Inc. Appoints Jose Roberto De Romana Letts to its Board of Directors

Medinah Minerals Inc. announced that Mr. Jose Roberto de Romana Letts has been appointed to its Board of Directors effective immediately. He is a native of Peru with strong ties and extensive experience throughout mining sectors in South America. Recently, he retired from a senior executive position with Volcan Compania Minera, S.A.A.


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Valuation MDMN Industry Range
Price/Earnings 60.5x
Price/Sales 42.6x
Price/Book 0.6x
Price/Cash Flow 60.9x
TEV/Sales 40.0x

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