TSX:CNL

Stock Analysis Report

Continental Gold

Executive Summary

Continental Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of gold resource properties in Colombia.

Snowflake

Fundamentals

Moderate growth potential and slightly overvalued.

Risks

  • Continental Gold has significant price volatility in the past 3 months.
  • Continental Gold is covered by less than 3 analysts.

Share Price & News

How has Continental Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.4%

TSX:CNL

-2.2%

CA Metals and Mining

-0.04%

CA Market


1 Year Return

17.3%

TSX:CNL

12.6%

CA Metals and Mining

-4.8%

CA Market

CNL underperformed the Metals and Mining industry which returned 19.4% over the past year.

CNL outperformed the Market in Canada which returned -4.6% over the past year.


Share holder returns

CNLIndustryMarket
7 Day-5.4%-2.2%-0.04%
30 Day-6.8%-7.0%-2.5%
90 Day58.7%14.3%-2.7%
1 Year17.3%17.3%13.4%12.6%-1.4%-4.8%
3 Year8.1%8.1%-15.2%-16.8%14.3%4.2%
5 Year12.0%12.0%-9.7%-13.0%13.0%-2.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Continental Gold's share price is below the future cash flow value, and at a moderate discount (> 20%).

Continental Gold's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Continental Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.

Continental Gold 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 Continental Gold, we can't assess if its growth is good value.


Price Based on Value of Assets

Continental Gold is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

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

35.7%

Forecasted Materials industry annual growth in earnings


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Continental Gold is high growth as no revenue estimate data is available.

Continental Gold is expected to become profitable in the next 1-3 years, this is considered high growth.

Unable to compare Continental Gold's revenue growth to the Canada market average as no estimate data is available.

Unable to compare Continental Gold's earnings growth to the Canada market average as no estimate data is available.

Continental Gold is expected to become profitable in the next 1-3 years, this is considered above the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Continental Gold is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Continental Gold performed over the past 5 years?

8.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Continental 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 Continental Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Continental Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Continental Gold 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 Continental 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.


Return on Capital Employed

It is difficult to establish if Continental Gold 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 Continental Gold's financial position?


Financial Position Analysis

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

Continental Gold's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Continental Gold's level of debt (285.6%) compared to net worth is high (greater than 40%).

Unable to establish if Continental Gold's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x 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.

Continental Gold has less than a year of cash runway based on current free cash flow.

Continental Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 73% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Continental Gold has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Continental Gold has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Continental Gold's dividends in 3 years as they are not expected to pay a notable one for Canada.


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Ari Sussman (46yo)

9.4yrs

Tenure

US$1,713,977

Compensation

Ari B. Sussman has over 20 years of experience in both the natural resources and investment markets sectors. Having dedicated the majority of his career to the natural resources industry, Mr. Sussman has b ...


CEO Compensation Analysis

Ari's remuneration is about average for companies of similar size in Canada.

Ari's compensation has increased whilst company is loss making.


Management Age and Tenure

4.5yrs

Average Tenure

53yo

Average Age

The tenure for the Continental Gold management team is about average.


Board Age and Tenure

4.6yrs

Average Tenure

51yo

Average Age

The tenure for the Continental Gold board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$25,48018 Jan 19
Leon Teicher
EntityIndividual
Role
Chairman of the Board
Executive Chairman of the Board
Shares13,000
Max PriceUS$1.96
BuyUS$40,98625 Dec 18
Ari Sussman
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares20,000
Max PriceUS$2.05
BuyUS$63,76021 Dec 18
Ari Sussman
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares30,000
Max PriceUS$2.13
BuyUS$53,00020 Dec 18
Leon Teicher
EntityIndividual
Role
Chairman of the Board
Executive Chairman of the Board
Shares25,000
Max PriceUS$2.12
BuyUS$4,26020 Dec 18
Ari Sussman
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares2,000
Max PriceUS$2.13
BuyUS$21,20026 Oct 18
Ari Sussman
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares9,000
Max PriceUS$2.36
BuyUS$31,78003 Oct 18
Ari Sussman
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares12,000
Max PriceUS$2.68
BuyUS$59,76503 Oct 18
Martín Jose Carrizosa Calle
EntityIndividual
Role
Member of the Board of Directors
Director
Shares23,600
Max PriceUS$2.53
BuyUS$3,78320 Sep 18
Paul Begin
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares1,150
Max PriceUS$3.29
BuyUS$24,74911 Sep 18
Kenneth Thomas
EntityIndividual
Role
Lead Director
Lead Director
Shares7,590
Max PriceUS$3.26
BuyUS$22,24411 Sep 18
Paul Begin
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares7,000
Max PriceUS$3.18
BuyUS$63,31511 Sep 18
Martín Jose Carrizosa Calle
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,200
Max PriceUS$3.13
BuyUS$95,11510 Sep 18
Leon Teicher
EntityIndividual
Role
Chairman of the Board
Executive Chairman of the Board
Shares30,000
Max PriceUS$3.17
BuyUS$220,43110 Sep 18
Martín Jose Carrizosa Calle
EntityIndividual
Role
Member of the Board of Directors
Director
Shares68,870
Max PriceUS$3.25

Ownership Breakdown


Management Team

  • Ari Sussman (46yo)

    CEO & Director

    • Tenure: 9.4yrs
    • Compensation: US$1.71m
  • Glynnis Frelih

    Senior VP of Finance & Controller

    • Tenure: 0.0yrs
  • Don Gray (60yo)

    Chief Operating Officer

    • Tenure: 4.5yrs
    • Compensation: US$866.43k
  • Paul Begin

    Chief Financial Officer

    • Tenure: 8.3yrs
    • Compensation: US$862.81k
  • Leon Teicher (65yo)

    Executive Chairman of the Board

    • Tenure: 5.3yrs
    • Compensation: US$320.41k
  • Ana Vásquez (42yo)

    Senior Vice-President of External Affairs & Sustainability

    • Tenure: 0.3yrs
  • Cheree Scott

    Corporate Secretary & Manager of Human Resources

    • Tenure: 0.0yrs
  • Omar Ossma

    Vice-President of Legal

    • Tenure: 3.4yrs
  • Jairo Ariza

    Vice-President of Protection

    • Tenure: 0.0yrs

Board Members

  • Ari Sussman (46yo)

    CEO & Director

    • Tenure: 9.4yrs
    • Compensation: US$1.71m
  • Chris Sattler (44yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: US$167.83k
  • Ken Thomas

    Lead Director

    • Tenure: 4.2yrs
    • Compensation: US$210.41k
  • Steve Gottesfeld (51yo)

    Director

    • Tenure: 2.2yrs
  • Leon Teicher (65yo)

    Executive Chairman of the Board

    • Tenure: 5.3yrs
    • Compensation: US$320.41k
  • Paul Murphy (68yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: US$170.31k
  • Claudia Jiménez Jaramillo (51yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: US$155.31k
  • Martín Jose Carrizosa Calle

    Director

    • Tenure: 3.3yrs
    • Compensation: US$155.31k

Company Information

Continental Gold Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Continental Gold Inc.
  • Ticker: CNL
  • Exchange: TSX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$812.515m
  • Shares outstanding: 203.13m
  • Website: https://www.continentalgold.com

Number of Employees


Location

  • Continental Gold Inc.
  • 155 Wellington Street West
  • Suite 2920
  • Toronto
  • Ontario
  • M5V 3H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNLTSX (The Toronto Stock Exchange)YesNew Common SharesCACADApr 2010
7C0DB (Deutsche Boerse AG)YesNew Common SharesDEEURApr 2010
CGOO.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDApr 2010

Biography

Continental Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of gold resource properties in Colombia. The company holds the rights to develop  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:49
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
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.