Golden Energy and Resources (GEAR)

GEAR reports higher earnings of US$16.5 million  - THE EDGE SINGAPORE

Results

GEAR reports higher earnings of US$16.5 million

The company was also able to achieve a higher bottomline because it kept costs under control.

Gold

GEAR in joint venture to acquire Ravenswood gold mine in Australia for up to A$300 mil

Year-to-date, the counter has jumped more than 40% since closing at 15.7 cents on Dec 31, 2019.

Results

Golden Energy and Resources posts 73% drop in 1Q earnings to US$7.2 mil

SINGAPORE (May 15): Golden Energy and Resources (GEAR) saw its earnings fall 73.1% to US$7.2 million ($9.9 million) for the 1Q19 ended March, from US$26.8 million a year ago.

Broker's Calls

Production on track for Golden Energy and Resources but expect price headwinds ahead

SINGAPORE (Nov 26): Golden Energy and Resources (GEAR) on Nov 13 reported 3Q18 earnings increased by 50.2% to $14.9 million from a year ago.

Buyout

Golden Energy and Resources JV makes $202 mil takeover bid for ASX-listed Stanmore Coal

SINGAPORE (Nov 19): Golden Investments, a joint offer vehicle 51% owned Golden Energy and Resources (GEAR), on Monday announced it has made a takeover bid for ASX-listed Stanmore Coal at A$0.95 per share.

Broker's Calls

Golden Energy and Resources kept at ‘buy’ with strong production on track

SINGAPORE (May 18): Phillip Securities expects strong production growth at Golden Energy and Resources to outpace increasing cash cost.

Results

Golden Energy and Resources' 1Q earnings up by 40.7% to $35.8 mil on higher revenue

SINGAPORE (May 14): Golden Energy and Resources (GEAR) reported 1Q18 earnings increased by 40.7% to US$26.8 million ($35.8 million), compared to US$19.0 million in 1Q17.

Broker's Calls

Amendments to Indonesia's coal regulations seen to have little impact on Golden Energy and Resources

SINGAPORE (Mar 16): Recent changes to regulations for Indonesia's coal sector is expected to have limited impact on Golden Energy and Resources (GEAR), according to Phillip Capital.

Results

Golden Energy and Resources reports near-trebling of FY17 earnings to US$63 mil

SINGAPORE (Mar 9): Golden Energy and Resources (GEAR) saw its full-year earnings nearly treble to US$63.0 million ($82.9 million) for the FY17 ended December, from US$22.0 million a year ago.

In print this week

Where to invest in 2018?

SINGAPORE (Dec 25): From the en bloc craze to meteoric spikes in tech stocks, 2017 has been coloured by significant asset price gains. Driven by the rally in blue chips, the Straits Times Index is up 18.5% in the year to Dec 18, a notable improvement from
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