TSXV:VGN

Stock Analysis Report

Greencastle Resources

Executive Summary

Greencastle Resources Ltd. explores for and develops gold, base metal, and oil and gas properties in Canada and the United States.

Snowflake

Fundamentals

Excellent balance sheet and overvalued.

Risks

  • Greencastle Resources has significant price volatility in the past 3 months.
  • Greencastle Resources is not covered by any analysts.

Share Price & News

How has Greencastle Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

25.0%

TSXV:VGN

-0.7%

CA Oil and Gas

0.06%

CA Market


1 Year Return

-6.3%

TSXV:VGN

-13.6%

CA Oil and Gas

-2.9%

CA Market

VGN outperformed the Oil and Gas industry which returned -13.6% over the past year.

VGN underperformed the Market in Canada which returned -2.8% over the past year.


Share holder returns

VGNIndustryMarket
7 Day25.0%-0.7%0.06%
30 Day7.1%-6.1%-1.4%
90 Day15.4%-6.1%-0.6%
1 Year-6.3%-6.3%-10.0%-13.6%0.5%-2.9%
3 Year-28.6%-28.6%-2.9%-12.5%22.5%11.5%
5 Year0%0%-31.0%-40.3%16.9%0.9%

Price Volatility Vs. Market

How volatile is Greencastle Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Greencastle Resources undervalued based on future cash flows and its price relative to the stock market?

0.6x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Greencastle Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Greencastle Resources to establish if it is available at substantial discount.


Price Based on Earnings

Greencastle Resources is loss making, we can't compare its value to the CA Oil and Gas industry average.

Greencastle Resources is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Greencastle Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Greencastle Resources is good value based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

How is Greencastle Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Oil and Gas industry annual growth in earnings


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 Greencastle Resources 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Greencastle Resources performed over the past 5 years?

28.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Greencastle Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Greencastle Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Greencastle Resources's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Greencastle Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Greencastle Resources has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Greencastle Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Greencastle Resources's financial position?


Financial Position Analysis

Greencastle Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Greencastle Resources's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Greencastle Resources's level of debt (1.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 1.5% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 39x debt.


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.

Greencastle Resources has sufficient cash runway for more than 3 years based on current free cash flow.

Greencastle Resources has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -51.4% each year.


Next Steps

Dividend

What is Greencastle Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Greencastle Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Greencastle Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Greencastle Resources has not reported any payouts.

Unable to verify if Greencastle Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Greencastle Resources 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.


Next Steps

Management

What is the CEO of Greencastle Resources's salary, the management and board of directors tenure and is there insider trading?

10.1yrs

Average management tenure


CEO

Tony Roodenburg

10.1yrs

Tenure

CA$216,000

Compensation

Mr. Anthony Ralph Roodenburg, also known as Tony, is the Founder of Greencastle Resources Ltd. and serves as its Chief Executive Officer. Mr. Roodenburg is a Financial Consultant. He has been active in the ...


CEO Compensation Analysis

Tony's remuneration is higher than average for companies of similar size in Canada.

Tony's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

10.1yrs

Average Tenure

The average tenure for the Greencastle Resources management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.8yrs

Average Tenure

73yo

Average Age

The average tenure for the Greencastle Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

BuyCA$5,28721 Nov 18
Anthony Roodenburg
EntityIndividual
Role
Founder
Member of the Board of Directors
Shares88,000
Max PriceCA$0.06
BuyCA$72020 Nov 18
Anthony Roodenburg
EntityIndividual
Role
Founder
Member of the Board of Directors
Shares12,000
Max PriceCA$0.06
BuyCA$16,28207 Nov 18
Anthony Roodenburg
EntityIndividual
Role
Founder
Member of the Board of Directors
Shares250,000
Max PriceCA$0.065

Ownership Breakdown


Management Team

  • Tony Roodenburg

    Founder

    • Tenure: 10.1yrs
    • Compensation: CA$216.00k
  • James Pirie (73yo)

    President

    • Tenure: 10.1yrs
    • Compensation: CA$30.00k
  • Carm Marrelli (47yo)

    Chief Financial Officer

    • Tenure: 10.3yrs
    • Compensation: CA$18.00k

Board Members

  • Tony Roodenburg

    Founder

    • Tenure: 19.7yrs
    • Compensation: CA$216.00k
  • James Pirie (73yo)

    President

    • Tenure: 15.7yrs
    • Compensation: CA$30.00k
  • Chris Irwin (44yo)

    Director

    • Tenure: 6.0yrs
    • Compensation: CA$15.00k
  • Michael Power (76yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: CA$15.00k

Company Information

Greencastle Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greencastle Resources Ltd.
  • Ticker: VGN
  • Exchange: TSXV
  • Founded:
  • Industry: oil and gas exploration and production
  • Sector: energy
  • Market Cap: CA$3.009m
  • Shares outstanding: 40.12m
  • Website: Click here

Location

  • Greencastle Resources Ltd.
  • The Canadian Venture Building
  • 82 Richmond Street East
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VGNTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 1970
GC5DB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1970
GRSF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1970

Biography

Greencastle Resources Ltd. explores for and develops gold, base metal, and oil and gas properties in Canada and the United States. The company operates in three segments: Investments in Private and Public  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/15 23:55
End of Day Share Price2019/06/12 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.