Hold 6/16/2017Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to C- from D+ on 6/16/2017 due to an increase in the total return index, efficiency index and growth index.

Sell 5/2/2017Downgrade
First Colombia Gold Corp. (FCGD) was downgraded to D+ from C- on 5/2/2017 due to a decline in the volatility index.

Hold 4/17/2017Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to C- from D+ on 4/17/2017 due to an increase in the volatility index.

Sell 12/19/2016Downgrade
First Colombia Gold Corp. (FCGD) was downgraded to D+ from C- on 12/19/2016 due to a decline in the volatility index.

Hold 9/8/2016Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to C- from D+ on 9/8/2016 due to an increase in the volatility index and total return index.

Sell 8/23/2016Downgrade
First Colombia Gold Corp. (FCGD) was downgraded to D+ from C- on 8/23/2016 due to a decline in the volatility index.

Hold 8/8/2016Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to C- from D+ on 8/8/2016 due to an increase in the volatility index, growth index and efficiency index.

Sell 6/3/2016Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to D+ from D on 6/3/2016 due to a noticeable increase in the growth index, total return index and solvency index. EBIT increased 60.5% from -$36.2 to -$14.3, and earnings per share increased from -$0.0002 to -$0.0001.

Sell 3/11/2016Downgrade
First Colombia Gold Corp. (FCGD) was downgraded to D from C on 3/11/2016 due to a substantial decline in the volatility index, total return index and solvency index.

Hold 3/9/2015Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to C from C- on 3/9/2015 due to a substantial increase in the valuation index, growth index and total return index. Operating cash flow increased 551.81% from -$124.1 to -$808.9, earnings per share increased from -$0.0901 to -$0.5178, and EBIT increased 363.95% from -$947.2 to -$4.39M.

Hold 8/22/2014Downgrade
First Colombia Gold Corp. (FCGD) was downgraded to C- from C on 8/22/2014 due to a significant decline in the solvency index, growth index and total return index. Earnings per share declined from $0.0019 to -$0.0901, and debt to equity increased from -0.3 to -0.34.

Hold 8/8/2014Upgraded
First Colombia Gold Corp. (FCGD) was upgraded to C from C- on 8/8/2014 due to a significant increase in the solvency index, volatility index and growth index.

Hold 4/25/2014Downgrade
First Colombia Gold Corp. (FCGDD) was downgraded to C- from C on 4/25/2014 due to a major decline in the valuation index and volatility index.