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
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable 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 is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GCM's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-1.6%
GCM
-0.4%
CA Metals and Mining
-0.2%
CA Market
1 Year Return
41.4%
GCM
35.8%
CA Metals and Mining
1.5%
CA Market
Return vs Industry: GCM exceeded the Canadian Metals and Mining industry which returned 36.7% over the past year.
Return vs Market: GCM exceeded the Canadian Market which returned 2.1% over the past year.
Shareholder returns
| GCM | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -0.4% | -0.2% |
| 30 Day | 7.3% | 1.5% | 4.0% |
| 90 Day | 23.9% | -2.0% | 12.9% |
| 1 Year | 42.4%41.4% | 36.9%35.8% | 5.2%1.5% |
| 3 Year | 244.1%241.7% | 40.4%37.4% | 14.2%3.4% |
| 5 Year | 539.4%535.0% | 170.6%162.0% | 63.2%38.1% |
Long-Term 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
4 weeks ago | Simply Wall St
Introducing Gran Colombia Gold (TSE:GCM), The Stock That Zoomed 279% In The Last Five Years2 months ago | Simply Wall St
Industry Analysts Just Upgraded Their Gran Colombia Gold Corp. (TSE:GCM) Revenue Forecasts By 10%2 months ago | Simply Wall St
Gran Colombia Gold Corp. (TSE:GCM) Just Reported Third-Quarter Earnings And Analysts Are Lifting Their EstimatesValuation
Is Gran Colombia Gold undervalued compared to its fair value and its price relative to the market?
2.2x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GCM (CA$7.62) is trading above our estimate of fair value (CA$3.42)
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 (2.2x) compared to the CA Metals and Mining industry average (3x).
Next Steps
Future Growth
How is Gran Colombia Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
154.3%
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 (1.5%).
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 (9.9% per year) is forecast to grow faster than the Canadian market (8% per year).
High Growth Revenue: GCM's revenue (9.9% 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?
-59.9%
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 59.9% 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 (71.8%).
Return on Equity
High ROE: GCM has a negative Return on Equity (-55.44%), 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 ($257.0M) exceed its short term liabilities ($144.4M).
Long Term Liabilities: GCM's short term assets ($257.0M) exceed its long term liabilities ($153.1M).
Debt to Equity History and Analysis
Debt Level: GCM's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: GCM's debt to equity ratio has reduced from 70.4% to 28.1% 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 41.1% per year.
Next Steps
Dividend
What is Gran Colombia Gold current dividend yield, its reliability and sustainability?
2.34%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GCM's dividend (2.34%) is higher than the bottom 25% of dividend payers in the Canadian market (1.53%).
High Dividend: GCM's dividend (2.34%) is low compared to the top 25% of dividend payers in the Canadian market (4.96%).
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: GCM is paying a dividend but the company is unprofitable.
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?
6.9yrs
Average management tenure
CEO
Lombardo Arenas (73 yo)
6.92yrs
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 ($USD769.99K).
Compensation vs Earnings: Lombardo's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.83yrs | US$742.90k | 2.73% $ 13.0m | |
| Chief Executive Officer | 6.92yrs | US$747.15k | no data | |
| Chief Financial Officer | 10.42yrs | US$543.36k | 0.11% $ 545.3k | |
| Vice President of Corporate Affairs | no data | US$322.88k | no data | |
| VP of Legal & Assistant Secretary | 1.83yrs | no data | no data |
6.9yrs
Average Tenure
59yo
Average Age
Experienced Management: GCM's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.83yrs | US$742.90k | 2.73% $ 13.0m | |
| Independent Director | 3.42yrs | US$130.00k | no data | |
| Lead Independent Director | 6.17yrs | US$150.00k | 0.00080% $ 3.8k | |
| Non-Independent Vice Chairman of the Board | 1.83yrs | US$250.00k | 0.89% $ 4.3m | |
| Independent Director | 9.58yrs | US$130.00k | 0.54% $ 2.6m | |
| Independent Director | 9.58yrs | US$140.00k | 0.041% $ 195.3k |
4.8yrs
Average Tenure
68yo
Average Age
Experienced Board: GCM's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GCM insiders have only sold shares 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 16.2%.
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: NaN
- Industry: Gold
- Sector: Materials
- Market Cap: CA$476.831m
- Shares outstanding: 61.85m
- Website: https://www.grancolombiagold.com
Number of Employees
Location
- Gran Colombia Gold Corp.
- 401 Bay Street
- Suite 2400
- Toronto
- Ontario
- M5H 2Y4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GCM | TSX (The Toronto Stock Exchange) | Yes | Common Voting Shares | CA | CAD | Aug 2010 |
| 6KLD | DB (Deutsche Boerse AG) | Yes | Common Voting Shares | DE | EUR | Aug 2010 |
| TPRF.F | OTCPK (Pink Sheets LLC) | Yes | Common Voting Shares | US | USD | Aug 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:07 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.