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Leagold Mining Corp (2)
Symbol LMC
Shares Issued 284,743,147
Close 2019-01-25 C$ 2.08
Market Cap C$ 592,265,746
Recent Sedar+ Documents

Globe says Leagold director Giustra seen buying shares

2019-01-28 08:27 ET - In the News

The Globe and Mail reports in its Saturday, Jan. 26, edition that Latin America-focused Leagold Mining ($2.08 (Canadian)) appears poised to boost its gold production. The Globe's guest columnist Ted Dixon writes in the Who Is Buying and Selling column that over the past three months, the stock is up about 20 per cent, ahead of the iShares S&P/TSX Global Gold Index ETF up about 4 per cent. A pair of directors, including Frank Giustra, have spent a combined $1,347,800 (Canadian) buying shares in the public market in this period. Leagold's gold production guidance for 2019 is between 380,000 and 420,000 ounces at an all-in sustaining cost of between $920 (U.S.) and $970 (U.S.) an ounce. In 2018, Leagold produced 302,550 ounces. The Globe reported on May 31, 2018, that CIBC World Markets analyst David Haughton began coverage of Leagold Mining with a "sector outperform" rating. Mr. Haughton targeted the shares at $5 (Canadian). The shares were then worth $2.88 (Canadian). The Globe's Andrew Willis reported on Jan. 15, 2019, that Leagold and others made for likely takeover targets. Leagold shares could then be had for $1.84 (Canadian).

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