TSX:GCM

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Gran Colombia Gold

Executive Summary

Gran Colombia Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GCM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.0%

GCM

-0.9%

CA Metals and Mining

-1.0%

CA Market


1 Year Return

27.8%

GCM

54.1%

CA Metals and Mining

-4.3%

CA Market

Return vs Industry: GCM underperformed the Canadian Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: GCM exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

GCMIndustryMarket
7 Day-3.0%-0.9%-1.0%
30 Day-4.0%-1.2%1.3%
90 Day-9.4%-1.2%1.9%
1 Year28.1%27.8%55.3%54.1%-0.9%-4.3%
3 Year241.5%240.7%58.2%55.1%6.4%-4.0%
5 Year112.5%112.0%151.2%143.4%33.3%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Gran Colombia Gold undervalued compared to its fair value and its price relative to the market?

2.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GCM (CA$6.2) is trading above our estimate of fair value (CA$0.84)

Significantly Below Fair Value: GCM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GCM is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: GCM 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 GCM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GCM is good value based on its PB Ratio (2.1x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is Gran Colombia Gold forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

62.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GCM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: GCM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GCM's is expected to become profitable in the next 3 years.

Revenue vs Market: GCM's revenue (3.1% per year) is forecast to grow slower than the Canadian market (5.8% per year).

High Growth Revenue: GCM's revenue (3.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GCM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Gran Colombia Gold performed over the past 5 years?

-56.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GCM is currently unprofitable.

Growing Profit Margin: GCM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GCM is unprofitable, and losses have increased over the past 5 years at a rate of 56.7% per year.

Accelerating Growth: Unable to compare GCM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GCM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).


Return on Equity

High ROE: GCM has a negative Return on Equity (-90.61%), as it is currently unprofitable.


Next Steps

Financial Health

How is Gran Colombia Gold's financial position?


Financial Position Analysis

Short Term Liabilities: GCM's short term assets ($132.9M) exceed its short term liabilities ($48.3M).

Long Term Liabilities: GCM's short term assets ($132.9M) do not cover its long term liabilities ($160.1M).


Debt to Equity History and Analysis

Debt Level: GCM's debt to equity ratio (45.4%) is considered high.

Reducing Debt: GCM's debt to equity ratio has reduced from 59.2% to 45.4% over the past 5 years.


Balance Sheet


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: Whilst unprofitable GCM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GCM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.9% per year.


Next Steps

Dividend

What is Gran Colombia Gold current dividend yield, its reliability and sustainability?

0.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GCM's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.69%).

High Dividend: GCM's dividend (0.95%) is low compared to the top 25% of dividend payers in the Canadian market (5.78%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether GCM's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if GCM's dividend payments are increasing as they only just started paying a dividend.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.7yrs

Average management tenure


CEO

Lombardo Arenas (74 yo)

6.67yrs

Tenure

US$747,149

Compensation

Mr. Lombardo Paredes Arenas has been a President of Caldas Gold Corp. and serves as its Non-Independent Director since February 24, 2020. He has been an Independent Director of Western Atlas Resources Inc. ...


CEO Compensation Analysis

Compensation vs Market: Lombardo's total compensation ($USD747.15K) is about average for companies of similar size in the Canadian market ($USD624.31K).

Compensation vs Earnings: Lombardo's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Serafino Iacono
Executive Chairman1.58yrsUS$742.90k2.65%
$ 10.2m
Lombardo Arenas
Chief Executive Officer6.67yrsUS$747.15kno data
Michael Davies
Chief Financial Officer10.17yrsUS$543.36k0.11%
$ 440.6k
Jose Noguera Gomez
Vice President of Corporate Affairsno dataUS$322.88kno data
Amanda Fullerton
VP of Legal & Assistant Secretary1.58yrsno datano data

6.7yrs

Average Tenure

59yo

Average Age

Experienced Management: GCM's management team is seasoned and experienced (6.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Serafino Iacono
Executive Chairman1.58yrsUS$742.90k2.65%
$ 10.2m
De Lyle Bloomquist
Independent Director3.17yrsUS$130.00kno data
Robert Metcalfe
Lead Independent Director5.92yrsUS$150.00k0.00080%
$ 3.1k
Miguel Angel de la Campa
Non-Independent Vice Chairman of the Board1.58yrsUS$250.00k0.90%
$ 3.4m
Hernan Juan-Jose Martinez Torres
Independent Director9.33yrsUS$130.00k0.54%
$ 2.1m
Jaime Perez Branger
Independent Director9.33yrsUS$140.00k0.041%
$ 157.8k

4.5yrs

Average Tenure

68yo

Average Age

Experienced Board: GCM's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GCM insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.7%.


Top Shareholders

Company Information

Gran Colombia Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gran Colombia Gold Corp.
  • Ticker: GCM
  • Exchange: TSX
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$383.713m
  • Shares outstanding: 61.59m
  • Website: https://www.grancolombiagold.com

Number of Employees


Location

  • Gran Colombia Gold Corp.
  • 401 Bay Street
  • Suite 2400
  • Toronto
  • Ontario
  • M5H 2Y4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCMTSX (The Toronto Stock Exchange)YesCommon Voting SharesCACADAug 2010
6KLDDB (Deutsche Boerse AG)YesCommon Voting SharesDEEURAug 2010
TPRF.FOTCPK (Pink Sheets LLC)YesCommon Voting SharesUSUSDAug 2010

Biography

Gran Colombia Gold Corp., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of gold and silver properties primarily in Colombia. The company holds interest ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:16
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.