| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
CGG Stock Overview
China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People’s Republic of China.
China Gold International Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$3.52 |
| 52 Week High | CA$5.45 |
| 52 Week Low | CA$3.10 |
| Beta | 1.88 |
| 1 Month Change | 2.03% |
| 3 Month Change | -10.66% |
| 1 Year Change | -4.61% |
| 3 Year Change | 137.84% |
| 5 Year Change | 72.55% |
| Change since IPO | 3,420.00% |
Recent News & Updates
We Like These Underlying Return On Capital Trends At China Gold International Resources (TSE:CGG)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
We Think China Gold International Resources (TSE:CGG) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Shareholder Returns
| CGG | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 0% | -2.4% | 1.5% |
| 1Y | -4.6% | -13.2% | 2.1% |
Return vs Industry: CGG exceeded the Canadian Metals and Mining industry which returned -12.7% over the past year.
Return vs Market: CGG underperformed the Canadian Market which returned 2.1% over the past year.
Price Volatility
| CGG volatility | |
|---|---|
| CGG Average Weekly Movement | 5.7% |
| Metals and Mining Industry Average Movement | 11.4% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in CA Market | 18.9% |
| 10% least volatile stocks in CA Market | 4.2% |
Stable Share Price: CGG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CGG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 2,090 | Liangyou Jiang | https://www.chinagoldintl.com |
China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People’s Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine covering an area of 36 square kilometers in the western part of Inner Mongolia, northern China; and 100% interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Metrokongka County, Tibet. The company was formerly known as Jinshan Gold Mines Inc. China Gold International Resources Corp. Ltd.
China Gold International Resources Fundamentals Summary
| CGG fundamental statistics | |
|---|---|
| Market Cap | CA$1.40b |
| Earnings (TTM) | CA$364.30m |
| Revenue (TTM) | CA$1.51b |
3.8x
P/E Ratio0.9x
P/S RatioIs CGG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CGG income statement (TTM) | |
|---|---|
| Revenue | US$1.17b |
| Cost of Revenue | US$743.39m |
| Gross Profit | US$425.92m |
| Other Expenses | US$144.03m |
| Earnings | US$281.89m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.71 |
| Gross Margin | 36.43% |
| Net Profit Margin | 24.11% |
| Debt/Equity Ratio | 53.8% |
How did CGG perform over the long term?
See historical performance and comparisonDividends
9.2%
Current Dividend Yieldn/a
Payout RatioValuation
Is CGG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CGG?
Other financial metrics that can be useful for relative valuation.
| What is CGG's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$1.08b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.5x |
| Enterprise Value/EBITDA | 3.2x |
| PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does CGG's PE Ratio compare to its peers?
| CGG PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 26.4x | ||
WDO Wesdome Gold Mines | 38.7x | 78.6% | CA$1.2b |
DPM Dundee Precious Metals | 5.8x | 28.3% | CA$1.2b |
KNT K92 Mining | 35.1x | 44.2% | CA$1.8b |
SSL Sandstorm Gold | 26.2x | n/a | CA$2.1b |
CGG China Gold International Resources | 3.8x | 5.8% | CA$1.4b |
Price-To-Earnings vs Peers: CGG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (26.4x).
Price to Earnings Ratio vs Industry
How does CGG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Earnings vs Industry: CGG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the Canadian Metals and Mining industry average (9.9x)
Price to Earnings Ratio vs Fair Ratio
What is CGG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 3.8x |
| Fair PE Ratio | 11.3x |
Price-To-Earnings vs Fair Ratio: CGG is good value based on its Price-To-Earnings Ratio (3.8x) compared to the estimated Fair Price-To-Earnings Ratio (11.3x).
Share Price vs Fair Value
What is the Fair Price of CGG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CGG (CA$3.52) is trading below our estimate of fair value (CA$8.2)
Significantly Below Fair Value: CGG is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is China Gold International Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CGG's forecast earnings growth (5.8% per year) is above the savings rate (1.6%).
Earnings vs Market: CGG's earnings (5.8% per year) are forecast to grow slower than the Canadian market (7.8% per year).
High Growth Earnings: CGG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CGG's revenue (1.7% per year) is forecast to grow slower than the Canadian market (6.5% per year).
High Growth Revenue: CGG's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CGG's Return on Equity is forecast to be low in 3 years time (14.5%).
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Past Performance
How has China Gold International Resources performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
57.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGG has high quality earnings.
Growing Profit Margin: CGG's current net profit margins (24.1%) are higher than last year (18%).
Past Earnings Growth Analysis
Earnings Trend: CGG has become profitable over the past 5 years, growing earnings by 57% per year.
Accelerating Growth: CGG's earnings growth over the past year (58.7%) exceeds its 5-year average (57% per year).
Earnings vs Industry: CGG earnings growth over the past year (58.7%) exceeded the Metals and Mining industry -16%.
Return on Equity
High ROE: CGG's Return on Equity (15.6%) is considered low.
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Financial Health
How is China Gold International Resources's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CGG's short term assets ($671.8M) exceed its short term liabilities ($459.1M).
Long Term Liabilities: CGG's short term assets ($671.8M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CGG's net debt to equity ratio (34.2%) is considered satisfactory.
Reducing Debt: CGG's debt to equity ratio has reduced from 86.8% to 53.8% over the past 5 years.
Debt Coverage: CGG's debt is well covered by operating cash flow (41.8%).
Interest Coverage: CGG's interest payments on its debt are well covered by EBIT (13.6x coverage).
Balance Sheet
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Dividend
What is China Gold International Resources's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
9.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGG's dividend (9.18%) is higher than the bottom 25% of dividend payers in the Canadian market (1.85%).
High Dividend: CGG's dividend (9.18%) is in the top 25% of dividend payers in the Canadian market (5.28%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether CGG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CGG's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), CGG's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Liangyou Jiang (56 yo)
3.75yrs
Tenure
Mr. Liangyou Jiang is the Chief Executive Officer of China Gold International Resources Corp. Ltd. since November 13, 2018 and serves as its Executive Chairman of the Board since March 29, 2020. He had bee...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Liangyou's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Liangyou's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CGG's management team is considered experienced (3.5 years average tenure).
Board Members
Experienced Board: CGG's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China Gold International Resources Corp. Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: China Gold International Resources Corp. Ltd.
- Ticker: CGG
- Exchange: TSX
- Founded: 2000
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$1.395b
- Shares outstanding: 396.41m
- Website: https://www.chinagoldintl.com
Number of Employees
Location
- China Gold International Resources Corp. Ltd.
- One Bentall Centre
- Suite 660
- Vancouver
- British Columbia
- V7X 1M4
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/17 00:00 |
| End of Day Share Price | 2022/08/17 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.