Most Popular Basic Materials Stock Great Basin Gold Ltd. (USA) (AMEX:GBG)

ABOUT Great Basin Gold Ltd. (USA) (AMEX:GBG):

Great Basin Gold Ltd was incorporated in 1986 and its headquartered situated in Sandton, South Africa. The company is a mining company generated in the acquisition, exploration and development of precious metal deposits. The GBG has basically two major material projects. One is a Test Mining Stage, which is namely the Hollister Gold Project and located on the Carlin Trend Goldfield in Nevada, USA (Hollister Property). The Second one the Burnstone Gold Mine, which is situated in the Witwatersrand Basin Goldfield in South Africa (Burnstone Property).


Great Basin Gold Ltd. (USA) (AMEX:GBG) generated the total revenue of $56.74 million for the quarter ended June 30th, 2011 as compared to revenue of $37.94 million for the same period last year. The company reported the net loss of $1.05 million or earnings of $0.00 per share for the respective quarter as compared to net loss of $5.11 million or loss of $0.01 per share last year.

The company’s total assets accumulate up to $9.79 billion out of which fixed assets have the highest proportion. The company maintains a short term liquidity position as per its current ratio of 0.87 times.


Symbol GBG Shares Outstanding 475.00M
Current Price $1.40 Market Capitalization: 651.18M
52 week range $1.31-3.19 Beta 0.89
Avg Volume 2.97M Float 473.82M



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