Company Profile: Saracen Mineral Holdings (ASX:SAR) is a gold miner based in Australia and is emerging as a next generation player with annual production of over 300,000ozpa. The group’s cash flows are growing in view of forecast all-in sustaining cost below A$1,075/oz, and it is debt-free given the funding strategy in place for its developmental projects. The key assets include Carosue Dam Operation and Thunderbox Operation with long lives and extensive growth potential. Thunderbox is turning out to be one of Australia’s larger and productive underground mines.
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6 Cannabis Stocks under Investor’s Limelight…
Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.
Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.
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