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Columbus Gold

TSX:CGT
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CGT
TSX
CA$35M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Columbus Gold Corp. operates as a gold exploration and development company in France. The last earnings update was 40 days ago. More info.


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CGT Share Price and Events
7 Day Returns
-6.8%
TSX:CGT
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-50.6%
TSX:CGT
-3.9%
CA Metals and Mining
2.6%
CA Market
CGT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Columbus Gold (CGT) -6.8% -18% -2.4% -50.6% -49.4% -59%
CA Metals and Mining 1.7% -0.5% 14.3% -3.9% 15% -18.9%
CA Market -0% 0.4% 15% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • CGT underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • CGT underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
CGT
Industry
5yr Volatility vs Market

Value

 Is Columbus Gold 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Columbus Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.205.
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 Columbus Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Columbus Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:CGT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.04
TSX:CGT Share Price ** TSX (2019-03-22) in CAD CA$0.21
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 551 Publicly-Listed Companies 14.94x

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

** Primary Listing of Columbus Gold.

TSX:CGT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:CGT Share Price ÷ EPS (both in CAD)

= 0.21 ÷ -0.04

-5.49x

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

  • Columbus Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Columbus Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Columbus Gold's expected growth come at a high price?
Raw Data
TSX:CGT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Columbus Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Columbus Gold's assets?
Raw Data
TSX:CGT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.27
TSX:CGT Share Price * TSX (2019-03-22) in CAD CA$0.21
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,351 Publicly-Listed Companies 1.57x
TSX:CGT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:CGT Share Price ÷ Book Value per Share (both in CAD)

= 0.21 ÷ 0.27

0.77x

* Primary Listing of Columbus Gold.

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

  • Columbus Gold is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Columbus Gold'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Columbus Gold has a total score of 1/6, 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.

Future Performance

 How is Columbus Gold expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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 Columbus Gold 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
34.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Columbus Gold expected to grow at an attractive rate?
  • Unable to compare Columbus Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Columbus Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Columbus Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:CGT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
TSX:CGT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:CGT Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-09-30 -3 -4
TSX:CGT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -6
2018-09-30 -3 -6
2018-06-30 -4 8
2018-03-31 -4 8
2017-12-31 -4 10
2017-09-30 -3 10
2017-06-30 -2 -4
2017-03-31 -2 -4
2016-12-31 -2 -4
2016-09-30 -2 -4
2016-06-30 -2 -4
2016-03-31 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Columbus Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Columbus Gold 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
TSX:CGT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Columbus Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CGT Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-09-30
TSX:CGT Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.04
2018-09-30 -0.04
2018-06-30 0.05
2018-03-31 0.05
2017-12-31 0.06
2017-09-30 0.07
2017-06-30 -0.03
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 -0.03
2016-06-30 -0.03
2016-03-31 -0.04

*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 Columbus Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Columbus Gold'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.
  2. Columbus Gold'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 Materials companies here
  3. Columbus Gold'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 Columbus Gold'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.
Columbus Gold 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.

Past Performance

  How has Columbus Gold 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 Columbus Gold's growth in the last year to its industry (Metals and Mining).
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.
  • Columbus Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Columbus Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Columbus Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Columbus Gold'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 Columbus Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CGT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -5.93 2.84
2018-09-30 -5.91 3.10
2018-06-30 7.64 3.79
2018-03-31 7.56 4.27
2017-12-31 9.89 3.89
2017-09-30 9.78 3.99
2017-06-30 -4.38 3.95
2017-03-31 -3.95 3.80
2016-12-31 -4.48 3.92
2016-09-30 -3.85 3.70
2016-06-30 -4.35 3.29
2016-03-31 -5.00 3.36
2015-12-31 -4.65 3.23
2015-09-30 -5.05 3.40
2015-06-30 -5.50 4.08
2015-03-31 -5.62 3.89
2014-12-31 -4.54 3.60
2014-09-30 -4.09 3.42
2014-06-30 -3.94 2.34
2014-03-31 -3.60 2.52
2013-12-31 -3.83 2.11
2013-09-30 -3.77 2.19
2013-06-30 -4.37 2.68
2013-03-31 -4.45 2.52
2012-12-31 -4.77 2.72
2012-09-30 2.91 2.67
2012-06-30 5.87 2.15
2012-03-31 4.59 2.93

*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 Columbus Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Columbus Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Columbus Gold 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 Columbus Gold'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 Metals and Mining 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.
Columbus Gold 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.

Health

 How is Columbus Gold'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 Columbus Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Columbus Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Columbus Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Columbus Gold'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.
  • Low level of unsold assets.
  • Columbus Gold has no debt, it does not need to be 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 Columbus Gold Company Filings, last reported 2 months ago.

TSX:CGT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 42.27 0.00 2.17
2018-09-30 41.41 0.00 2.89
2018-06-30 43.30 0.00 3.34
2018-03-31 46.11 0.00 4.23
2017-12-31 57.23 0.00 0.54
2017-09-30 57.23 0.00 1.36
2017-06-30 43.61 0.00 4.35
2017-03-31 44.31 0.00 6.73
2016-12-31 39.81 0.00 3.67
2016-09-30 40.98 0.00 4.59
2016-06-30 39.88 0.00 6.04
2016-03-31 41.75 0.00 7.78
2015-12-31 43.23 0.00 1.22
2015-09-30 43.36 0.00 1.45
2015-06-30 43.85 0.00 5.32
2015-03-31 42.78 0.00 4.42
2014-12-31 43.67 0.00 8.04
2014-09-30 44.32 0.00 11.17
2014-06-30 40.62 0.00 7.54
2014-03-31 41.91 0.00 3.15
2013-12-31 41.34 0.00 0.84
2013-09-30 35.36 0.00 7.19
2013-06-30 38.61 0.00 8.61
2013-03-31 37.75 0.00 4.64
2012-12-31 38.41 0.00 3.59
2012-09-30 38.43 0.00 4.54
2012-06-30 41.14 0.00 6.39
2012-03-31 36.77 0.00 4.61
  • Columbus Gold has no debt.
  • Columbus Gold has not taken on any debt in the 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.

  • Columbus Gold has less than a year of cash runway based on current free cash flow.
  • Columbus Gold has less than a year of cash runway if free cash flow continues to reduce at historical rates of -30.7% each year.
X
Financial health checks
We assess Columbus Gold'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. Columbus Gold has a total score of 4/6, 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.

Dividends

 What is Columbus Gold'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 Columbus Gold dividends.
If you bought CA$2,000 of Columbus Gold 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 Columbus Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Columbus Gold'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
TSX:CGT 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 1 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.1%
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%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

TSX:CGT Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2019-09-30

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

  • Unable to perform a dividend volatility check as Columbus Gold has not reported any payouts.
  • Unable to verify if Columbus Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Columbus Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Columbus Gold 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 Columbus Gold'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 Columbus Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Columbus Gold 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.

Management

 What is the CEO of Columbus Gold'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
Rock Lefrançois
COMPENSATION CA$364,720
AGE 56
TENURE AS CEO 0 years
CEO Bio

Mr. Rock Pierre Lefrancois, P.Geo, has been the President and Chief Executive Officer of Columbus Gold Corp. since January 09, 2018 and March 1, 2019 respectively. Mr. Lefrancois served as Chief Operating Officer of Columbus Gold Corp. from January 3, 2013 to March 1, 2019. Mr. Lefrancois served as a Technical Consultant of Volcanic Metals Corp., since January 2011. He served as President and Chief Operating Officer of Niogold Mining Corp., he was a key contributor to consolidating a large land package within the heart of Canada's most prolific gold mining camp, defining a +2 million-ounce resource and finally attracting and negotiating a strategic partnership with a mid-tier producer to carry the project to the feasibility stage. Mr. Lefrancois served as Secretary at Niogold Mining Corp. since March 2006 and also served as its Vice President of Exploration since April 2005. Mr. Lefrançois is a professional geologist with 30 years of experience in the mining industry, more precisely in the search and evaluation of various types of precious and base metal deposits throughout North and Central America. He served as the Chief Executive Officer and President of Comstock Metals Ltd., since May 19, 2009 until August 10, 2011. He served as the Chief Executive Officer and President of Tectonic Minerals Corporation since December 13, 2007. Mr. Lefrancois served as Secretary of Tectonic Minerals Corporation from December 13, 2007 to March 19, 2009. In his career, he served as Senior Geologist of Strateco Resources Inc. from August 2002 to March 2005. During his fifteen-year engagement with mid-tier mining companies, namely in the position of Senior Geologist with Cambior and Aur Resources, he was responsible for the implementation of project generative and advanced acquisition programs and the management of exploration and extensive resource/reserve definition drilling programs. Mr. Lefrancois has been a Director of Tectonic Minerals Corporation since December 13, 2007 and Niogold Mining Corp. since February 28, 2006. He served as a Director of Comstock Metals Ltd. until December 13, 2007. He served as a Director of Volcanic Metals Corp. from September 12, 2008 to January 18, 2011. Mr. LeFrancois has been a Professional Geologist in good standing under the Ordre des Géologues du Québec since March 31, 2002. Mr. LeFrancois obtained a Bachelor of Science degree specializing in Geology from Concordia University in 1987 as well a degree in Science in 1981 from College Jean-De-Brebeuf.

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

Rock Lefrançois

TITLE
President & CEO
COMPENSATION
CA$365K
AGE
56

Andrew Yau

TITLE
CFO & Secretary
COMPENSATION
CA$171K
AGE
38
TENURE
2.8 yrs

Jorge Martinez

TITLE
Vice President of Communications & Technology
AGE
44
Board of Directors Tenure

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

3
Average Tenure
47.5
Average Age
  • The tenure for the Columbus Gold board of directors is about average.
Board of Directors

Robert Giustra

TITLE
Chairman
COMPENSATION
CA$502K
AGE
48
TENURE
8.3 yrs

Marie-Hélène Bérard

TITLE
Chairperson of French Advisory Board & Independent Director
COMPENSATION
CA$186K

Peter Gianulis

TITLE
Lead Director
COMPENSATION
CA$169K
AGE
47
TENURE
3 yrs

Oleg Pelevin

TITLE
Independent Director
COMPENSATION
CA$54K
AGE
47
TENURE
4.4 yrs

Michel Jébrak

TITLE
Member of French Advisory Board

Pierre Cunéo

TITLE
Member of French Advisory Board
TENURE
2.8 yrs

Russell Ball

TITLE
Independent Director
COMPENSATION
CA$236K
AGE
50
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
18. Jan 19 Buy Nord Gold SE Company 16. Jan 19 16. Jan 19 4,606,778 CA$0.20 CA$921,355
X
Management checks
We assess Columbus Gold'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. Columbus Gold 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.

News

Simply Wall St News

What Type Of Shareholder Owns Columbus Gold Corp.'s (TSE:CGT)?

A look at the shareholders of Columbus Gold Corp. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Companies that used to be publicly owned tend to have lower insider ownership.

Simply Wall St -

What You Must Know About Columbus Gold Corp's (TSE:CGT) Major Investors

In this article, I'm going to take a look at Columbus Gold Corp’s (TSE:CGT) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

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Should You Buy Columbus Gold Corp (TSE:CGT) At This PE Ratio?

and want to better understand how you can grow your money by investing in Columbus Gold Corp (TSE:CGT). … Columbus Gold Corp (TSE:CGT) trades with a trailing P/E of 5.2x, which is lower than the industry average of 11x. … While CGT might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

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Is It The Right Time To Buy Columbus Gold Corp (TSE:CGT)?

Columbus Gold Corp (TSX:CGT), a metals and mining company based in Canada, saw significant share price volatility over the past couple of months on the TSX, rising to the highs of CA$0.43 and falling to the lows of CA$0.27. … This is because Columbus Gold’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. … If you are no longer interested in Columbus Gold, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

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Should You Expect Columbus Gold Corp (TSE:CGT) To Continue Delivering An ROE Of 16.40%?

Check out our latest analysis for Columbus Gold Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) is a measure of Columbus Gold’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Columbus Gold’s equity capital deployed. … Since Columbus Gold’s return does not cover its cost, with a difference of -1.26%, this means its current use of equity is not efficient and not sustainable.

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Who Are Columbus Gold Corp's (TSE:CGT) Major Shareholders?

In this article, I will take a quick look at Columbus Gold Corp’s (TSX:CGT) recent ownership structure – an unconventional investing subject, but an important one. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Public Company Ownership Another important group of owners for potential investors in CGT are other public companies that hold a stake of 11.71% in CGT.

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Columbus Gold Corp (TSE:CGT) And The Basic Materials Sector Outlook 2018

Columbus Gold Corp (TSX:CGT), a CA$51.38M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … Given the lack of analyst consensus in Columbus Gold’s outlook, we could potentially assume the stock’s growth rate broadly follows its metals and mining industry peers. … In terms of returns, Columbus Gold generated 17.28% in the past year, which is 8.46% over the metals and mining sector.

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One Thing To Consider Before Buying Columbus Gold Corp (TSE:CGT)

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … View our latest analysis for Columbus Gold An interpretation of CGT's beta Columbus Gold has a beta of 3.02, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … How CGT'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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Is Columbus Gold Corp's (TSE:CGT) PE Ratio A Signal To Buy For Investors?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CGT Price per share = CA$0.35 Earnings per share = CA$0.065 ∴ Price-Earnings Ratio = CA$0.35 ÷ CA$0.065 = 5.4x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … CGT’s P/E of 5.4x is lower than its industry peers (9.9x), which implies that each dollar of CGT’s earnings is being undervalued by investors.

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Have Investors Already Priced In Columbus Gold Corp's (TSE:CGT) Growth?

I find that Columbus Gold’s ratio of 6.15x is trading slightly below its industry peers’ ratio of 9.91x, which means if you buy Columbus Gold today, you’d be paying a reasonable price for it. … And if you believe Columbus Gold should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading. … Since Columbus Gold’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy.

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Company Info

Description

Columbus Gold Corp. operates as a gold exploration and development company in France. The company primarily holds interests in the Paul Isnard gold project comprising eight mining concessions and two exploration permits covering an area of 190 square kilometers located in northwestern portion of French Guiana, South America. The company was formerly known as Purple Vein Resources Ltd. and changed its name to Columbus Gold Corp. in December 2004. Columbus Gold Corp. was incorporated in 2003 and is headquartered in Vancouver, Canada.

Details
Name: Columbus Gold Corp.
CGT
Exchange: TSX
Founded: 2003
CA$34,567,337
168,621,160
Website: http://www.columbusgoldcorp.com
Address: Columbus Gold Corp.
1090 Hamilton Street,
Vancouver,
British Columbia, V6B 2R9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX CGT Common Shares The Toronto Stock Exchange CA CAD 24. May 2006
OTCPK CGTF.F Common Shares Pink Sheets LLC US USD 24. May 2006
DB 3CG Common Shares Deutsche Boerse AG DE EUR 24. May 2006
LSE 0UQA Common Shares London Stock Exchange GB CAD 24. May 2006
Number of employees
Current staff
Staff numbers
0
Columbus Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 23:56
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2018/12/12
Last earnings filing: 2019/02/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


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.