AQG alacer gold corp.
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High Cash Balance

  1. TheVp
    3 Posts.
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    17/03/16
    12:23
    Post #: 17298937
    When i bought AQG, i was wondering and still wondering, why they have a high cash balance in their balance sheet, among its peers (mainly OGC and NST) they have the highest cash to current assets and cash to total assets ratios of 84% and 44% respectively, i tried to search if they have any acquisition plans in the pipeline, but didnt find much info, does anyone has any thoughts about it?
    AQG Price at posting: $2.74 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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