Posted On: 08/06/2015 10:53:18 PM
Post# of 240
$BAA trading at 22 cents. P/E Ratio 6.4. Book value $2.00 PPS. Nice dip and rip opportunity in dip in Gold price. Q2 financials are coming in mid August and expected to be very good! Q1 financials were the best ever. See below:
Banro Corporation ("Banro" or the "Company"
(NYSE MKT:BAA)(BAA.TO) today announced its financial and operating results for the first quarter of 2015.
BAA FINANCIAL HIGHLIGHTS
Record Q1 2015 revenue of $41 million, a 35% increase over Q1 2014 ($30 million); 39% increase in gold ounces sold. Gross earnings from operations of $17 million, a 177% increase over Q1 2014 ($6 million) EBITDA of $19 million vs Q1 2014 of $7 million for a 176% improvement
$90 million financing closings in February and April 2015 allow for extinguishment of backstop facility in April 2015
Banro Corporation ("Banro" or the "Company"
(NYSE MKT:BAA)(BAA.TO) today announced its financial and operating results for the first quarter of 2015. BAA FINANCIAL HIGHLIGHTS
Record Q1 2015 revenue of $41 million, a 35% increase over Q1 2014 ($30 million); 39% increase in gold ounces sold. Gross earnings from operations of $17 million, a 177% increase over Q1 2014 ($6 million) EBITDA of $19 million vs Q1 2014 of $7 million for a 176% improvement
$90 million financing closings in February and April 2015 allow for extinguishment of backstop facility in April 2015
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