Record gold prices are outstripping inflation and helping goldcos to healthy margins, although the range “is huge” Joe Mazumdar, Editor of Exploration Insights told Kitco Mining’s Digging Deep.

“The average gross margin was 45-46% for [the 20 North American listed companies he studied] which is healthy,” said Mazumdar.

Mazumdar said that the net debt level of the group was about US$275 million, but again with a large range from industry leader Newmont, which post Newcrest acquisition is sitting at about $2.3 billion, to companies negative net debt. “About half of the companies have negative net debt, or very low net debt, which is very encouraging,” he said.

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Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. The Company is headquartered in Toronto, Canada, with its exploration and development office located in Salmon, Idaho.

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