lka gold inc (LKAI:OTC US)
lka gold inc (LKAI) Snapshot
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Open
$0.85
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Previous Close
$0.85
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Day High
$0.85
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Day Low
$0.85
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52 Week High
03/15/13 - $5.00
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52 Week Low
12/17/12 - $0.50
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Market Cap
12.6M
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Average Volume 10 Days
1.8K
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EPS TTM
$-0.14
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Shares Outstanding
14.8M
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EX-Date
--
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P/E TM
--
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Dividend
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Dividend Yield
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Related News
lka gold inc (LKAI) Related Businessweek News
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LKA Gold Incorporated engages in the acquisition and development of mining properties in the United States. It has interests in the Golden Wonder mine the Golden Wonder gold mine property that comprises 3 patented and 25 unpatented mining claims, and is located to the south of Lake City, Colorado. The company was formerly known as LKA International, Inc. and changed its name to LKA Gold Incorporated in March 2013. LKA Gold Incorporated was incorporated in 1988 and is based in Gig Harbor, Washington.
lka gold inc (LKAI) Top Compensated Officers
lka gold inc (LKAI) Key Developments
LKA Gold Incorporated announced that Mr. Francois Viens has joined the company's Board of Directors. Francois Viens is the former Vice President of Business Development and Exploration for Cambior Inc. Previously, Mr. Viens was Vice President Exploration for Ariane Gold and Hope Bay Gold Corp. and most recently, CEO of Bear Lake Gold. Mr. Viens is a geological engineer with extensive experience exploring and developing multi-million ounce gold deposits in North and South Americas.
LKA Gold Incorporated announced that Mr. Sean Tingey, CPA, will be joining LKA's Board of Directors effective from April 16, 2013. Mr. Tingey has also been designated by LKA's Board of Directors as chairman of the company's audit committee. Mr. Tingey is a Certified Public Accountant with over fourteen years of accounting and operations management experience in the metals and mining industries. Mr. Tingey is currently the Director of Performance Management at Schnitzer Steel Industries Inc.
LKA Gold Incorporated announced exploration program at the company’s Golden Wonder for the year 2012 and earnings results for the year 2012. For the year, the company’s mine was profitable. Gold ore sales exceeded $1.72 million in 2012, which more than doubled 2011 ore sales of $851,561. Project profits were $542,532 in 2012 compared to 219,625 in 2011. As previously announced, the average grade of ore sold was 1.55 ounces (43.9 grams) gold per ton in 2012 compared to an average grade of 1.44 ounces (40.8 grams) in 2011. For the company as a whole, the company recorded a net loss of $2.71 million, which was mostly attributed to one-time charges of $2.34 million associated with debt restructuring.
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Industry Analysis
LKAI
Industry Average
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