Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$0.35 CAD
Change Today 0.00 / 0.00%
Volume 0.0
SGA On Other Exchanges
Symbol
Exchange
OTC US
As of 9:49 AM 05/21/15 All times are local (Market data is delayed by at least 15 minutes).

samco gold ltd (SGA) Snapshot

Open
C$0.35
Previous Close
C$0.35
Day High
C$0.35
Day Low
C$0.35
52 Week High
01/2/15 - C$0.80
52 Week Low
06/10/14 - C$0.16
Market Cap
22.8M
Average Volume 10 Days
6.0K
EPS TTM
C$-0.04
Shares Outstanding
65.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SAMCO GOLD LTD (SGA)

Related News

No related news articles were found.

samco gold ltd (SGA) Related Businessweek News

No Related Businessweek News Found

samco gold ltd (SGA) Details

Samco Gold Limited, a mineral exploration company, acquires, explores, and develops precious metals projects in South America. It primarily explores for gold and silver ores. The company owns approximately 55,000 hectares of mineral exploration concessions comprising 10 projects located on the Deseado Massif in the Province of Santa Cruz, Argentina. Its principal projects comprise the El Dorado, Monserrat, and adjacent Judite properties, which cover an area of approximately 8,000 hectares; and the Corina property. The company was formerly known as Samco (Argentina) Limited and changed its name to Samco Gold Limited in March 2011. Samco Gold Limited was incorporated in 2009 and is based in Road Town, the British Virgin Islands.

Founded in 2009

samco gold ltd (SGA) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $200.0K
Chief Financial Officer
Total Annual Compensation: $175.0K
Executive Director
Total Annual Compensation: $175.0K
Compensation as of Fiscal Year 2013.

samco gold ltd (SGA) Key Developments

Samco Gold Limited Auditor Raises 'Going Concern' Doubt

Samco Gold Limited filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Samco Gold Limited Files Response to Notice of Civil Claim by Yamana Gold Inc

Samco Gold Limited announced that it has filed a response to notice of Civil Claim in the Supreme Court of British Columbia in response to the action commenced by plaintiffs 0805346 B.C. Ltd. (formerly Northern Orion, and a subsidiary of Yamana Gold Inc.) and Yamana Gold Inc. The company will vigorously defend itself against this claim. As set out in the response, the company believes the allegations are without merit and believes they represent a tactical response by the plaintiffs to Argentinean litigation in which Ricardo Auriemma successfully obtained a judgment of the Commercial Court of Appeal against 0805346 B.C. Ltd. for breach of contract; and in which the Company has an interest in the damages arising from that judgment. In addition, in the response, the company asserts that the action is an abuse of process and also challenges the jurisdiction of the B.C. Supreme Court to hear the action.

Samco Gold Limited Receives Notice of Civil Claim by Yamana Gold

Samco Gold Limited announced that it has been served with a Notice of Civil Claim, in the Supreme Court of British Columbia, by plaintiffs 0805346 B.C. Ltd. and Yamana Gold Inc., claiming damages for alleged lost 'opportunity' rights of 0805346 B.C. Ltd., as successor to Northern Orion, and other unspecified damages from, among other things, alleged conspiracy by Ricardo Auriemma and others associated with Mr. Auriemma (the Auriemma defendants) and the Company. The claim alleges certain Auriemma defendants breached a contractual obligation to Northern Orion by pursuing and acquiring mineral concessions located in the El Dorado-Monserrat region of Santa Cruz Province, Argentina without first presenting this opportunity to Northern Orion. The contract at issue relates to the same regional alliance agreement between Ricardo Auriemma and Northern Orion for which background was previously provided in the news releases referred to below. The notice of claim asserts the Company was aware of this alleged breach by the Auriemma defendants when it offered Company shares in exchange for shares in the defendant, 5R S.A., the principal asset of which was the El Dorado Rights. The plaintiffs seek damages for, among other things, breach of contract and breach of fiduciary duty from certain members of the Auriemma defendants. They seek from all defendants an accounting and order for disgorgement of mining opportunities or other assets/profits/benefits therefrom acquired as a result of the alleged breaches. The plaintiffs claim a constructive trust over the mining opportunities or other assets at issue. They also seek from all defendants unspecified damages for conspiracy claiming there was a conspiracy associated with keeping the El Dorado Rights from Northern Orion and associated with alleged use of Samco as a reporting issuer to fund Argentinean litigation, discussed below, and harm the plaintiffs through alleged misleading public statements relating to that litigation. The plaintiffs also assert, and the Company vigorously denies, that the Company had knowledge at the time of its IPO that Northern Orion might have a basis to claim the El Dorado Rights. The company will vigorously defend itself against this claim. The Company believes the allegations are without merit and believes they represent a tactical response by the plaintiffs to Argentinean litigation in which Ricardo Auriemma successfully obtained a judgment of the Commercial Court of Appeal against 0805346 B.C. Ltd. for breach of contract; and in which the Company has an interest in the damages arising from that judgment. The plaintiffs' claim itself makes reference to the Argentinean litigation in which the Commercial Court of Appeal found 0805346 B.C. Ltd. liable for damages to Mr. Auriemma for breach of contract. As previously disclosed, the Company has the right to participate, on a sliding scale basis, in any benefits arising from the future enforcement of any judgment against 0805346 B.C. Ltd. in Argentina. The plaintiffs' notice of civil claim acknowledges that the Commercial Court of Appeal decision became final on October 28, 2014. However, 0805346 B.C. Ltd. is seeking to have the damages award annulled, alleging that the valuator's determination was 'manifestly contrary to the directions of the Commercial Court of Appeal', and to have the Court appoint a new Arbitrator to prepare a new damages report.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SGA:CN C$0.35 CAD 0.00

SGA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SGA.
View Industry Companies
 

Industry Analysis

SGA

Industry Average

Valuation SGA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAMCO GOLD LTD, please visit www.samcogold.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.