MFGD Money4Gold Holdings, Inc. featured news, full reports, and detailed charts
Money4Gold Holdings, Inc. (MFGD/MFGD.OB) Wrap Up:
Money4Gold Holdings, Inc. purchases items containing precious metals, and processes/refines them into their pure form. The company primarily produces gold, platinum, and silver metals from recycling customers’ jewelry, coins, electronic components, and heirloom collectables. It also offers recycling services for other precious metals, including platinum and palladium. The company was incorporated in 2008 and is based in Boca Raton, Florida.Money4Gold Holdings, Inc. (MFGD:OTC Bulletin Board Market)
Snapshot of Money4Gold Holdings, Inc. (MFGD)
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OPEN
$0.20
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PREVIOUS CLOSE
$0.20
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DAY HIGH
$0.24
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DAY LOW
$0.20
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52 WEEK HIGH
03/24/09 - $0.49
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52 WEEK LOW
09/21/09 - $0.13
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MARKET CAP
42.7M
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AVERAGE VOLUME 3 mo
459.7K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
181.9M
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MFGD Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
MFGD Top Compensated Officers
Executives, Board Directors
Key developments for Money4Gold Holdings, Inc. (MFGD)
Money4Gold Holdings Inc. reported earnings results for the third quarter ended September 30, 2009. For the period, the company reported net loss of $1 million or $0.01 per share on total revenue of $6.8 million against net loss of $0.7 million or $0.01 per share on total revenue of $0.7 million for the same period a year ago. Operating loss of $1 million compared to $0.7 million for the same period a year ago. Revenue increased primarily due to international expansion and higher advertising spending, which drove increased collections of gold. Higher gold prices also improved revenue. The company issued the following business outlook for its fourth quarter ending December 31, 2009. After a strong month in October, the company expects fourth quarter sequential revenue growth of approximately 100%, or about $13.5 million in revenue. Given the strong expected revenue growth and improving margins, the company expects to generate positive EBITDA in the fourth quarter for the first time in the company's history.
Money4Gold Holdings Inc. announced that the company has appointed Grant Fitzwilliam as an independent member of the Board of Directors. Grant Fitzwilliam is currently the President and co-founder of 3c InSight, a software and consulting firm focused on providing operational excellence solutions for companies throughout the United States.
Money4Gold Holdings Inc. announced that the company has launched its services in Germany joining the U.S., UK, and Canada as places where consumers can utilize the company to mail their unwanted gold and precious metal jewelry in exchange for local currency.
MFGD Competitors
| Company | Last | Change | |
| No competitor information is available for MFGD. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | MFGD | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 2.7x |
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| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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MFGD transactions
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| No transactions in the last 6 months. | ||
