Gold and GemStone Mining Inc.
GGSM
Other OTC0.00
USD
+0.00
- -
CIK
0001485156
ISIN
US3804851026
CUSIP
380485102
Return %
Stock
S&P500
1Y
-10.00
26.53
3Y
-35.71
76.60
5Y
-87.84
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Rafael A. Pinedo
- Full Time Employees
- 126
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 4020 North MacArthur Boulevard Irving TX United States of America 75038
- IPO Date
- Apr 5, 2012
- CIK
- 0001485156
- Website
- ggsmining.com
- Similar Companies
- Business
- Gold and GemStone Mining Inc. is a mining and resource development company focused on the acquisition, exploration, and development of gold, silver, and gemstone properties. Its core products and services include small-scale alluvial gold and diamond mining; management of mining claims in British Columbia, Canada; Sinaloa, Mexico; and Sierra Leone, West Africa; and rare earth metals development. The company also operates luxury charter boat services in the Mentawai Islands, Indonesia, targeting high-end tourism with vessels equipped with premium amenities. It offers mining and recreational services, integrating traditional mining expertise with asset diversification in resource-rich regions. Founded in 2008 and headquartered in Irving, Texas, Gold and GemStone Mining operates globally with key projects in North and South America and West Africa. The company holds a 100% interest in the Gringo Viejo Project in Mexico and has strategic joint ventures including collaboration agreements in Sierra Leone. Recent strategic changes include the acquisition of luxury charter vessels such as the 105-foot Maki, enhancing its recreational service capabilities in the Mentawai Islands surf tourism sector. The company also expanded government contracts related to cargo boat services in Sumatra, Indonesia, supporting regional construction projects. In 2024, Gold and GemStone Mining reported record revenue of $8.6 million for the nine months ended September 30, 2024, driven by strategic acquisitions and successful integration of new assets. The appointment of Todd Noble as President and Board Member in late 2024 brings two decades of financial growth experience to advance the company’s strategic objectives in 2025. Gold and GemStone Mining’s business segments encompass gold and gemstone extraction and mining services, recreational charter boat operations, and logistics support for construction material transport. The company targets mining investors, gemstone markets, high-end tourism customers, and regional commercial enterprises. Its operations emphasize geographic diversification across Canada, Mexico, West Africa, and Indonesia, combining asset development with service expansions to capitalize on growing market opportunities and global travel recovery. The company was formerly known as Global GSM Solutions Inc. and changed its name to Gold and GemStone Mining Inc. in April 2012. Overall, Gold and GemStone Mining Inc. leverages its mineral property portfolio, marine services, and strategic acquisitions to position itself as an integrated player in precious metals, gemstone extraction, and niche tourism markets with ongoing growth initiatives and asset enhancement. It continues to prioritize operational growth and market presence expansion through targeted investments and executive leadership enhancements.
GGSM Expands into Exclusive High-End Villas, Restaurants, and Hotels in Bali
Gold and Gemstone Mining, Inc., Announces Acquisition of Charter Boat Saranya