Last C$0.76 CAD
Change Today +0.04 / 5.56%
Volume 1.4M
LSG On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 1:00 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

lake shore gold corp (LSG) Snapshot

Open
C$0.74
Previous Close
C$0.72
Day High
C$0.76
Day Low
C$0.72
52 Week High
08/8/14 - C$1.40
52 Week Low
12/31/13 - C$0.46
Market Cap
321.1M
Average Volume 10 Days
10.3M
EPS TTM
C$-0.09
Shares Outstanding
422.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LAKE SHORE GOLD CORP (LSG)

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lake shore gold corp (LSG) Details

Lake Shore Gold Corp., a gold mining company, is engaged in the acquisition, exploration, and development of gold properties in Canada. It also explores for silver ores. The company’s principal properties include Timmins West Complex, which covers an area of approximately 130 square kilometers located in Timmins, Ontario; Bell Creek Complex that covers an area of approximately 32 square kilometers situated in Timmins, Ontario; and Fenn-Gib, which consists of 171 mining claims, patents, and leases covering approximately an area of 29 square kilometers. Lake Shore Gold Corp. is headquartered in Toronto, Canada.

lake shore gold corp (LSG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$660.0K
Chief Financial Officer and Senior Vice-Presi...
Total Annual Compensation: C$206.7K
Senior Vice President of Exploration
Total Annual Compensation: C$300.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: C$250.0K
Vice President of Finance
Total Annual Compensation: C$214.1K
Compensation as of Fiscal Year 2013.

lake shore gold corp (LSG) Key Developments

Lake Shore Gold Corp. Provides Production Guidance for the Year 2015; Plans Exploration at 144 Gap Zone

Lake Shore Gold Corp. provided production guidance for the year 2015. Production is targeted at 170,000 to 180,000 ounces of gold in 2015, similar to the record level of production anticipated for 2014. Cash operating costs in 2015 are expected to average between USD 650 and USD 700 per ounce sold, which compares to the company's guidance in 2014 of USD 675 to USD 775. All-in sustaining cost per ounce sold in the coming year is targeted at USD 950 to USD 1,000, similar to the 2014 target range of USD 950 to USD 1,050. Total production costs in 2015 are estimated at approximately USD 125.0 million. Mining grades in 2015 are expected to be slightly lower than in 2014, averaging approximately 4.4 grams per tonne for the year. Aggressive exploration is planned at the company's 144 Gap Zone in 2015 to continue to evaluate the significant gold potential of the discovery area and to define initial resources. The company will also continue its extensive drill programs at its Timmins Operations, including the Timmins West and Bell Creek mines, with a goal to at least replace the reserves mined during the year.

Lake Shore Gold Corp. to Repay $20 Million Standby Line of Credit

Lake Shore Gold Corp. announced that it will repay the $20.0 million outstanding balance on its standby line of credit on December 31, 2014. Under the terms of an agreement with Sprott Resource Lending Partnership, the company will repay the $20.0 million of principal and pay approximately $1.4 million in fees. By repaying the remaining balance in December 2014, the company will save over $2.4 million of interest over the remaining term of the debt (to November 2016), including $1.8 million during 2015. Once the Standby Line is repaid, the company will have approximately $7.0 million of debt remaining with Sprott, all related to a gold-linked note. The gold-linked note is being repaid monthly, with the final payment to be made in May 2015.

Lake Shore Gold Corp. Appoints Ingrid J. Hibbard to Board of Directors

Lake Shore Gold Corp. announced that Ingrid J. Hibbard has joined the company's board of directors, effective immediately. Ms. Hibbard brings to Lake Shore Gold over 25 years of experience in the mining industry. She is currently President, Chief Executive Officer and a director of Pelangio Exploration Inc., as well as a director of Detour Gold Corporation. From 1997 to 2009, Ms. Hibbard was the Chief Executive Officer of PDX Resources Inc. Prior to that assignment, she was a mining and securities lawyer, whose clients ranged from junior explorers to major mining companies such as Noranda Mines and Hemlo Gold Mines Inc.Ms. Hibbard holds a Bachelor of Arts degree and LL.B. from the University of Western Ontario.

 

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Price/Book 0.7x
Price/Cash Flow 3.0x
TEV/Sales 0.4x
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