Goldman Small Cap Research Issues New Research Update on Brazil Minerals, Inc.
BALTIMORE, Nov. 24, 2014 /PRNewswire/ -- Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research update on Brazil Minerals, Inc. (OTCQB – BMIX), a pure play on the huge Brazilian natural resources space and the only publicly-traded diamond and gold company from Brazil. The update carries a rating and a price target. To view the research report update, disclosures and disclaimers, or to download the initial research report and updates in their entirety, please visit www.GoldmanResearch.com.
Brazil Minerals, Inc. is a revenue-generating U.S. holding company in the natural resources area. The Company's primary holding is its 100%-owned Mineração Duas Barras Ltda. ("MDB"), a Brazilian producer located in the state of Minas Gerais, which mines conflict free diamonds and gold, and sells rough and polished diamonds and 96% purity gold. MDB has a fully-operational mining concession and the permit to export its production of rough and polished diamonds. MDB also owns the largest alluvial processing plant in Latin America. Additionally, BMIX holds 100% ownership of the mineral rights for a 24,700 acre area with a known presence of gold and copper in the state of Amazonas, Brazil and an option to acquire up to a 75% ownership interest in a titanium, vanadium and iron project in the state of Piauí, Brazil.
In the Goldman Opportunity Research update on the Company, analyst Rob Goldman outlines his investment thesis:
"Brazil Mineral's commercial strategy of increasing its percentage of polished diamonds sold versus rough diamonds is paying major dividends as evidenced by the creation of new sales channels and sales in Brail and the U.S. The Company's gross margin reached 69% in the third quarter of 2014 and recent tactical and strategic moves ensure future operational gains. The Company's recent released quarterly report details these and prevents a cogent view for the future. In fact, Brazil Minerals's initial goal is to become the biggest diamond company in Latin America in both revenues and profits.
This press release contains excerpts of our most recently published research update on Brazil Minerals, Inc.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.
Goldman Small Cap Research has been compensated by the Company in the amount of $3,500 for consulting and investment research services.
About Brazil Minerals, Inc.: Brazil Minerals, Inc. (OTCQB: BMIX) is a U.S. holding company with revenues from gold and diamonds and ownership of interests in projects in diamonds, gold, high quality sand, titanium, vanadium and iron in Brazil. In particular, BMIX fully owns Mineração Duas Barras Ltda. ("MDB"), a Brazilian producer of diamonds (both rough as well as its own cut and polished), gold bars, and sand. MDB has a fully-operational mining concession, the largest alluvial processing plant for diamond and gold in Latin America, and the permit to export its production. More information on BMIX can be found at www.BrazilMinerals.com.
Goldman Small Cap Research
Rob Goldman, Analyst
+1-410-609-7100
[email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/goldman-small-cap-research-issues-new-research-update-on-brazil-minerals-inc-300000144.html
SOURCE Goldman Small Cap Research
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