03:43:45 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 358,735,368
Close 2022-06-14 C$ 0.51
Market Cap C$ 182,955,038
Recent Sedar Documents

Globe says Gold Standard Ventures lowered to "hold"

2022-06-15 08:09 ET - In the News

Also In the News (C-OLA) Orla Mining Ltd

The Globe and Mail reports in its Wednesday, June 15, edition that Canaccord Genuity analyst Michael Fairbairn views Orla Mining's friendly share and cash deal for Gold Standard Ventures "favourably." The Globe's David Leeder writes in the Eye On Equities column that Orla has entered into a definitive agreement with Gold Standard, which is focused on its 100-per-cent-owned South Railroad project in Nevada. It will pay 0.1193 an Orla share per Gold Standard share as well as 0.01 cent in cash. Pointing to the "merits of the transaction," Mr. Fairbairn predicted the deal will go through and sees the probability of an interloper as "low." With that view, he lowered his rating for shares of Vancouver-based Gold Standard to "hold" from "speculative buy" with a 66-cent share target, down from $1. Analysts on average target Gold Standard shares at $1.05. Mr. Fairbairn says in a note: "For Gold Standard shareholders, the acquisition provides an immediate upfront premium, eliminates future financing risks which may have resulted in significant shareholder dilution, and leverages Orla's strong leadership and construction team, which recently delivered the Camino Rojo Oxide mine on schedule and under budget."

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