Tucano Gold Inc.
  • Unlisted Organization
  • Status: Producer
  • Primary Mineral: Gold
  • Primary Country:
    Brazil
Company Profile

Tucano Gold Inc is a private mining company that recently acquired the Tucano gold mine in northern Brazil, a large scale operation with full infrastructure and plans for production restart in Q4 this year. We present an exciting growth story from both our production and exploration sides, and targeting a public listing in the coming months through an RTO with Golden Shield Resources.

We currently have a market cap of only $44 million with a very tight share structure, and looking at our 2025 cashflow forecast conservatively it would give us a P/E of just < 1 for next year assuming a gold price of only $2,000.

Our infrastructure includes the second largest gold plant in Brazil at 3.5 Mtpa and we have a medium term production target of 150k oz Au p.a. The current mineral resource is 1.8M oz (M,I&I) and we control 2,000 km2 of tenements on the mineral-rich Guiana Shield, only a fraction of which have been mined with the current setup.

As a private company raising for the restart of operations, we're currently valued very attractively. This gives significant re-rating upside not only from production ramp up and listing, but also from our sizeable exploration land package in one of the most sought after mineral belts in South America.