Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. More Details
+ 1 more risk
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Golden Lake Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLM's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GLM exceeded the Canadian Metals and Mining industry which returned 48.4% over the past year.
Return vs Market: GLM exceeded the Canadian Market which returned -7.7% over the past year.
Price Volatility Vs. Market
How volatile is Golden Lake Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StDo Insiders Own Shares In Golden Lake Exploration Inc. (CSE:GLM)?
10 months ago | Simply Wall StCould Golden Lake Exploration Inc.'s (CNSX:GLM) Investor Composition Influence The Stock Price?
Is Golden Lake Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GLM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GLM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GLM is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: GLM is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLM is overvalued based on its PB Ratio (17.2x) compared to the CA Metals and Mining industry average (3x).
How is Golden Lake Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Golden Lake Exploration 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.
- Examine Golden Lake Exploration's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Golden Lake Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Golden Lake Exploration performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: GLM is currently unprofitable.
Growing Profit Margin: GLM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if GLM's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare GLM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).
Return on Equity
High ROE: GLM has a negative Return on Equity (-204.33%), as it is currently unprofitable.
How is Golden Lake Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: GLM's short term assets (CA$192.6K) exceed its short term liabilities (CA$27.6K).
Long Term Liabilities: GLM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GLM is debt free.
Reducing Debt: GLM has not had any debt for past 5 years.
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.
Stable Cash Runway: GLM has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GLM is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.
What is Golden Lake Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GLM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GLM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GLM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GLM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GLM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael B. England also known as Mike, has been Chief Executive Officer and President of Golden Lake Exploration Inc. since July 26, 2019. Mr. England has been Director of Golden Lake Exploration Inc. ...
|Consultant||1.17yrs||no data||no data|
|CEO, President & Director||1.17yrs||no data||1.43% |
|CFO & Corporate Secretary||1.17yrs||no data||0.35% |
Experienced Management: GLM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|CEO, President & Director||1.17yrs||no data||1.43% |
|Director||0.25yr||no data||no data|
|Member of Advisory Board||0.25yr||no data||no data|
|Member of Advisory Board||no data||no data||no data|
|Independent Director||2.33yrs||no data||no data|
|Chairman of the Board||0.50yr||no data||no data|
|Independent Director||2.33yrs||no data||0.35% |
|Member of Advisory Board||0.83yr||no data||no data|
|Director||0.50yr||no data||0.049% |
Experienced Board: GLM's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GLM insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 131.4%.
Golden Lake Exploration Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Golden Lake Exploration Inc.
- Ticker: GLM
- Exchange: CNSX
- Founded: 2018
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$9.429m
- Shares outstanding: 28.57m
- Website: https://www.goldenlakex.com
- Golden Lake Exploration Inc.
- 789 West Pender Street
- Suite 1240
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLM||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||May 2019|
Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. The company explores for gold deposits. It holds an o ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 06:23|
|End of Day Share Price||2020/09/21 00:00|
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.