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Intercontinental Gold and Metals

TSXV:ICAU
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ICAU
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Capital Goods
Company description

Intercontinental Gold and Metals Ltd. engages in marketing gold and other commodities to artisanal miners and gold refiners. The last earnings update was 119 days ago. More info.


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  • Intercontinental Gold and Metals has significant price volatility in the past 3 months.
ICAU Share Price and Events
7 Day Returns
2.6%
TSXV:ICAU
-0.2%
CA Trade Distributors
0.7%
CA Market
1 Year Returns
21.9%
TSXV:ICAU
-12.1%
CA Trade Distributors
-0.1%
CA Market
ICAU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Intercontinental Gold and Metals (ICAU) 2.6% 0% -44.3% 21.9% 160% -51.3%
CA Trade Distributors -0.2% -2.8% 11.8% -12.1% 36.7% 12.7%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • ICAU outperformed the Trade Distributors industry which returned -12.1% over the past year.
  • ICAU outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
ICAU
Industry
5yr Volatility vs Market

ICAU Value

 Is Intercontinental Gold and Metals undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Intercontinental Gold and Metals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Intercontinental Gold and Metals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Intercontinental Gold and Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.195.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Intercontinental Gold and Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Intercontinental Gold and Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ICAU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.11
TSXV:ICAU Share Price ** TSXV (2019-03-18) in CAD CA$0.2
Canada Trade Distributors Industry PE Ratio Median Figure of 11 Publicly-Listed Trade Distributors Companies 9.89x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Intercontinental Gold and Metals.

TSXV:ICAU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ICAU Share Price ÷ EPS (both in CAD)

= 0.2 ÷ -0.11

-1.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intercontinental Gold and Metals is loss making, we can't compare its value to the CA Trade Distributors industry average.
  • Intercontinental Gold and Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Intercontinental Gold and Metals's expected growth come at a high price?
Raw Data
TSXV:ICAU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Trade Distributors Industry PEG Ratio Median Figure of 8 Publicly-Listed Trade Distributors Companies 0.74x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Intercontinental Gold and Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Intercontinental Gold and Metals's assets?
Raw Data
TSXV:ICAU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$-0.02
TSXV:ICAU Share Price * TSXV (2019-03-18) in CAD CA$0.2
Canada Trade Distributors Industry PB Ratio Median Figure of 16 Publicly-Listed Trade Distributors Companies 1.09x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:ICAU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ICAU Share Price ÷ Book Value per Share (both in CAD)

= 0.2 ÷ -0.02

-8.51x

* Primary Listing of Intercontinental Gold and Metals.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intercontinental Gold and Metals has negative assets, we can't compare the value of its assets to the CA Trade Distributors industry average.

Next steps:

  1. Take a look at our analysis of ICAU’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Intercontinental Gold and Metals's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Trade Distributors industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Intercontinental Gold and Metals's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Intercontinental Gold and Metals has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ICAU Future Performance

 How is Intercontinental Gold and Metals expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Intercontinental Gold and Metals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.6%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Intercontinental Gold and Metals expected to grow at an attractive rate?
  • Unable to compare Intercontinental Gold and Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Intercontinental Gold and Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Intercontinental Gold and Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ICAU Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 11.6%
Canada Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:ICAU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ICAU Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 89 -4 -2
2018-06-30 58 1 -2
2018-03-31 28 -1 -2
2017-12-31 19 -1 -1
2017-09-30 4 0 -1
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Intercontinental Gold and Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Intercontinental Gold and Metals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:ICAU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Intercontinental Gold and Metals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ICAU Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.11
2018-06-30 -0.15
2018-03-31 -0.15
2017-12-31 -0.13
2017-09-30 -0.21
2017-06-30 -0.16
2017-03-31 -0.12
2016-12-31 -0.16
2016-09-30 -0.18
2016-06-30 -0.20
2016-03-31 -0.20
2015-12-31 -0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Intercontinental Gold and Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ICAU’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Intercontinental Gold and Metals's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Intercontinental Gold and Metals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Intercontinental Gold and Metals's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Intercontinental Gold and Metals has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ICAU Past Performance

  How has Intercontinental Gold and Metals performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Intercontinental Gold and Metals's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Intercontinental Gold and Metals does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Intercontinental Gold and Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Intercontinental Gold and Metals's 1-year growth to the CA Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Intercontinental Gold and Metals's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Intercontinental Gold and Metals Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ICAU Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 89.36 -1.79 1.98
2018-06-30 58.09 -2.16 2.23
2018-03-31 28.40 -1.60 1.44
2017-12-31 19.38 -0.99 1.01
2017-09-30 3.98 -0.96 0.95
2017-06-30 -0.43 0.42
2017-03-31 -0.34 0.33
2016-12-31 -0.43 0.41
2016-09-30 -0.45 0.42
2016-06-30 -0.47 0.42
2016-03-31 -0.45 0.41
2015-12-31 -0.49 0.38
2015-09-30 -0.48 0.35
2015-06-30 -0.43 0.31
2015-03-31 -0.42 0.30
2014-12-31 -1.91 0.33
2014-09-30 -1.99 0.43
2014-06-30 -2.08 0.51
2014-03-31 -2.38 0.73
2013-12-31 -1.55 0.82
2013-09-30 -1.62 0.88
2013-06-30 -1.78 0.99
2013-03-31 2.16 0.95
2012-12-31 2.68 0.99
2012-09-30 2.43 1.18
2012-06-30 2.31 1.31
2012-03-31 -1.53 1.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Intercontinental Gold and Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Intercontinental Gold and Metals has efficiently used its assets last year compared to the CA Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Intercontinental Gold and Metals improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Intercontinental Gold and Metals's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Intercontinental Gold and Metals has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ICAU Health

 How is Intercontinental Gold and Metals's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Intercontinental Gold and Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Intercontinental Gold and Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Intercontinental Gold and Metals's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Intercontinental Gold and Metals's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Intercontinental Gold and Metals has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Intercontinental Gold and Metals Company Filings, last reported 5 months ago.

TSXV:ICAU Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -0.41 4.37 0.24
2018-06-30 -0.15 3.98 5.17
2018-03-31 -0.50 2.35 1.61
2017-12-31 -0.29 1.63 0.52
2017-09-30 -0.15 1.57 1.36
2017-06-30 -1.08 0.05 0.15
2017-03-31 -0.90 0.00 0.01
2016-12-31 -0.84 0.03 0.01
2016-09-30 -0.75 0.03 0.00
2016-06-30 -0.65 0.03 0.01
2016-03-31 -0.56 0.01 0.00
2015-12-31 -0.39 0.00 0.00
2015-09-30 -0.38 0.00 0.03
2015-06-30 -0.26 0.00 0.00
2015-03-31 -0.19 0.00 0.01
2014-12-31 0.01 0.00 0.03
2014-09-30 0.07 0.00 0.03
2014-06-30 0.13 0.00 0.08
2014-03-31 0.18 0.00 0.13
2013-12-31 1.84 0.00 0.31
2013-09-30 1.92 0.00 0.35
2013-06-30 2.08 0.00 0.60
2013-03-31 2.14 0.00 0.56
2012-12-31 2.94 0.00 0.76
2012-09-30 2.97 0.00 0.78
2012-06-30 3.30 0.00 1.12
2012-03-31 7.65 0.00 0.42
  • Intercontinental Gold and Metals has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Intercontinental Gold and Metals's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Intercontinental Gold and Metals has less than a year of cash runway based on current free cash flow.
  • Intercontinental Gold and Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 112.9% each year.
X
Financial health checks
We assess Intercontinental Gold and Metals's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Intercontinental Gold and Metals has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ICAU Dividends

 What is Intercontinental Gold and Metals's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Intercontinental Gold and Metals dividends.
If you bought CA$2,000 of Intercontinental Gold and Metals shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Intercontinental Gold and Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Intercontinental Gold and Metals's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:ICAU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Intercontinental Gold and Metals has not reported any payouts.
  • Unable to verify if Intercontinental Gold and Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Intercontinental Gold and Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Intercontinental Gold and Metals has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Intercontinental Gold and Metals's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Intercontinental Gold and Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Intercontinental Gold and Metals has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ICAU Management

 What is the CEO of Intercontinental Gold and Metals's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gord Glenn
COMPENSATION CA$328,060
AGE 53
TENURE AS CEO 3.8 years
CEO Bio

Mr. Gorden Glenn, also known as Gord, serves as President, CEO and Director of Minnova Corp. Mr. Glenn serves as the Chairman of the Board, President and CEO at Geodex Minerals Ltd. He has extensive experience in the mining sector, having held senior positions with a number of major Canadian Banks and Securities firms focused on large, medium and small cap mining and exploration companies. His financial market experience includes mine finance, M&A, and project evaluation. He has considerable experience in directing and executing exploration programs gained during his employment with Kennecott Canada Inc. and Inmet Mining Corporation. Mr. Glenn serves as an Executive at Intercontinental Gold and Metals Ltd. Mr. Glenn also served as President and CEO of Foran Mining Corporation. He holds an Honours Bachelor of Science degree in Geological Sciences from Queen's University.

CEO Compensation
  • Gord's compensation has increased whilst company is loss making.
  • Gord's remuneration is higher than average for companies of similar size in Canada.
Management Team

Gord Glenn

TITLE
Chairman
COMPENSATION
CA$328K
AGE
53
TENURE
3.8 yrs

Chris Irwin

TITLE
Interim CFO & Director
AGE
44
TENURE
2.9 yrs

Jack Marr

TITLE
Vice President
COMPENSATION
CA$25K
AGE
71
Board of Directors Tenure

Average tenure and age of the Intercontinental Gold and Metals board of directors in years:

2.8
Average Tenure
48.5
Average Age
  • The average tenure for the Intercontinental Gold and Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gord Glenn

TITLE
Chairman
COMPENSATION
CA$328K
AGE
53
TENURE
4.3 yrs

Chris Irwin

TITLE
Interim CFO & Director
AGE
44
TENURE
3.8 yrs

John Anderson

TITLE
Director
COMPENSATION
CA$7K
AGE
54
TENURE
1.8 yrs

Ali Zamani

TITLE
Director
COMPENSATION
CA$6K
AGE
38
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Intercontinental Gold and Metals's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Intercontinental Gold and Metals has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ICAU News

Simply Wall St News

Is Intercontinental Gold and Metals Ltd. (CVE:ICAU) Excessively Paying Its CEO?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Gord Glenn's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below CA$266m

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Do Directors Own Intercontinental Gold and Metals Ltd. (CVE:ICAU) Shares?

Every investor in Intercontinental Gold and Metals Ltd. … Intercontinental Gold and Metals is a smaller company with a market capitalization of CA$5.8m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Intercontinental Gold and Metals

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Do Insiders Own Shares In Intercontinental Gold and Metals Ltd (CVE:ICAU)?

A look at the shareholders of Intercontinental Gold and Metals Ltd (CVE:ICAU) can tell us which group is most powerful. … Intercontinental Gold and Metals is a smaller company with a market capitalization of CA$7m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Intercontinental Gold and Metals

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Is Intercontinental Gold and Metals Ltd's (CVE:ICAU) CEO Paid Enough To Stay Motivated?

Leading Intercontinental Gold and Metals Ltd (CVE:ICAU) as the CEO, Gord Glenn took the company to a valuation of CA$9.22m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Check out our latest analysis for Intercontinental Gold and Metals

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Should You Worry About Intercontinental Gold and Metals Ltd's (CVE:ICAU) CEO Salary Level?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … While one size does not fit all, as compensation should account for specific factors of the company and market, we can fashion a high-level base line to see if ICAU is an outlier. … Usually I'd use market cap and profit as factors determining performance, however, ICAU's negative earnings reduces the usefulness of my formula.

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Intercontinental Gold and Metals Ltd's (CVE:ICAU) Earnings Dropped -128.04%, How Did It Fare Against The Industry?

Measuring Intercontinental Gold and Metals Ltd's (TSXV:ICAU) track record of past performance is an insightful exercise for investors. … Each year, for the past half a decade Intercontinental Gold and Metals's top-line more than doubled on average, implying that the business is in a high-growth period with expenses shooting ahead of revenues, leading to annual losses. … Though Intercontinental Gold and Metals's past data is helpful, it is only one aspect of my investment thesis.

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How Should You Think About Intercontinental Gold and Metals Ltd's (TSXV:ICAU) Risks?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, ICAU may be a stock for investors with a portfolio mainly made up of low-beta stocks. … How ICAU's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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ICAU Company Info

Description

Intercontinental Gold and Metals Ltd. engages in marketing gold and other commodities to artisanal miners and gold refiners. The company was formerly known as Geodex Minerals Ltd. and changed its name to Intercontinental Gold and Metals Ltd. in November 2017. Intercontinental Gold and Metals Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada.

Details
Name: Intercontinental Gold and Metals Ltd.
ICAU
Exchange: TSXV
Founded: 2017
CA$3,514,290
18,022,000
Website: http://www.intercontinentalgold.com
Address: Intercontinental Gold and Metals Ltd.
365 Bay Street,
Suite 400,
Toronto,
Ontario, M5H 2V1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ICAU Common Shares TSX Venture Exchange CA CAD 08. Aug 1989
OTCPK GXML.F Common Shares Pink Sheets LLC US USD 08. Aug 1989
DB G2W2 Common Shares Deutsche Boerse AG DE EUR 08. Aug 1989
Number of employees
Current staff
Staff numbers
0
Intercontinental Gold and Metals employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:36
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2018/11/19
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.