Hier ist wohl der Grund, warum GSV heute nicht gefallen ist, im Gegensatz zu den anderen.........
LONDON, UK / ACCESSWIRE / September 5, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Gold Standard Ventures Corp (NYSE: GSV), which can be viewed by registering at http://protraderdaily.com/optin/'symbol=GSV, following the Company's announcement of its financial results on August 14, 2017, for the second quarter of the fiscal year 2017. The Company's working capital increased 19.3% on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:
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At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on GSV; also brushing on RGLD. With the links below you can directly download the report of your stock of interest free of charge at:
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Earnings Reviewed
During Q2 FY17, Gold Standard Ventures' interest income increased 58.7% to C$89.56 thousand compared to C$56.44 thousand in Q2 FY16. During H1 FY17, the Company's interest income increased 136.8% to C$172.73 thousand from C$72.93 thousand in H1 FY16. Gold Standard Ventures' mineral projects are in the exploration stage and, to date, the Company has not generated any revenues other than interest income.
For the reported quarter, the Company's general and administrative expenses (G&A) increased 2.1% to C$1.97 million from C$1.93 million in Q2 FY16. During H1 FY17, Gold Standard Ventures' G&A decreased 5.3% to C$3.75 million from C$3.96 million H1 FY16. During the six months ended June 30, 2017, the Company incurred $41.52 million in the acquisition, and deferred exploration and development costs, compared to $5.61 million for the corresponding six months ended June 30, 2016.
During Q2 FY17, Gold Standard Ventures' net loss was $2.71 million compared to a net loss of C$1.91 million Q2 FY16. For the reported quarter, the Company's diluted earnings per share (EPS) remained flat compared to negative C$0.01 in Q2 FY16. The diluted EPS was in-line with analysts' expectations.
In June 2017, the Company acquired all of the issued and outstanding shares of Battle Mountain Gold Inc. (BMG). In July 2017, the Company exercised a total of 1,014,477 stock options and 218,700 warrants for C$732,369 and C$251,505, respectively.
In August 2017, the Company granted 2,540,140 stock options to directors, employees, and consultants with an exercise price of $2.12 per option. 2,455,540 of these stock options were exercisable for a period of 5 years while the remaining 84,600 stock options were exercisable for a period of 1 year.
Balance Sheet
As on June 30, 2017, Gold Standard Ventures' cash decreased 22.8% to C$41.39 million from C$53.61 million in Q4 FY16. The Management believes it currently has sufficient cash on hand to finance its exploration programs and operating costs over the next 12 to 18 months, after which, the Company will require additional capital to carry out further exploration on the Railroad-Pinion and Lewis Gold Projects and maintain operations.
During Q2 FY17, the Company's receivables decreased 53.1% to C$107,663 from C$229,745 in Q4 FY16.
For the reported quarter, Gold Standard Ventures' working capital increased 19.3% to C$40.56 million from C$33.99 million in Q2 FY16.
During Q2 FY17, the Company's exploration and evaluation assets increased 68.7% to C$135.43 million from C$80.29 million in Q2 FY16. During Q2 FY17, Gold Standard Ventures' accounts payable and accrued liabilities increased 27.3% to C$1.91 million from C$1.50 million in Q4 FY16.
During H1 FY17, the Company's cash provided by operating activities was negative C$4.53 million compared to negative C$3.89 million in H1 FY16.
Stock Performance
On Friday, September 01, 2017, the stock closed the trading session at $1.82, climbing 2.25% from its previous closing price of $1.78. A total volume of 280.90 thousand shares have exchanged hands. Gold Standard Ventures' stock price advanced 8.33% in the last one month and 5.81% in the past three months. The stock currently has a market cap of $422.51 million.
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Link:
http://www.finanznachrichten.d…me-increased-58-7-200.htm
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