In the current squeeze on the junior sector, much has been said about the challenges in raising money and the impact of lower precious metals prices on the cash costs and feasibility of future projects. However, in these tough markets, another metric that investors should pay close attention to is the General and Administration (G&A) expense ratio.
With capital more scarce than ever, the G&A expense ratio shows how prudent a given management team is in advancing their projects. Management may ...
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