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Medusa Mining

CodeMML
SectorMaterials
Market Cap1551 Million
Year High$8.38
Year Low$3.63
Dividend Yield0.7%
ROE37.5%
P/E Ratio15.34
P/E Growth Ratio0.83
Debt/Equity Ratio0.00%
EPS0.49

Medusa Mining is an Australian based gold producer focused solely in the Philippines. The Company has completed the expansion of its high grade Co-O Mine operations to a production level of 100,000 annualized ounces, currently conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per annum. The company has a Self-funded growth path that aims to become a mid-tier, 300,000 to 400,000 ounce per year, low-cost gold producer underpinned by strong cash-flow generated from the Co-O Mine. Medusa has a dominant land position of more than 820sqkm over one of the most mineralized geological provinces in the world.

Investment Opportunities