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
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.
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
Serafino Iacono
Executive Chairman
1.83yrs
US$742.90k
2.73% $ 13.0m
Lombardo Arenas
Chief Executive Officer
6.92yrs
US$747.15k
no data
Michael Davies
Chief Financial Officer
10.42yrs
US$543.36k
0.11% $ 545.3k
Jose Noguera Gomez
Vice President of Corporate Affairs
no data
US$322.88k
no data
Amanda Fullerton
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
Serafino Iacono
Executive Chairman
1.83yrs
US$742.90k
2.73% $ 13.0m
De Lyle Bloomquist
Independent Director
3.42yrs
US$130.00k
no data
Robert Metcalfe
Lead Independent Director
6.17yrs
US$150.00k
0.00080% $ 3.8k
Miguel Angel de la Campa
Non-Independent Vice Chairman of the Board
1.83yrs
US$250.00k
0.89% $ 4.3m
Hernan Juan-Jose Martinez Torres
Independent Director
9.58yrs
US$130.00k
0.54% $ 2.6m
Jaime Perez Branger
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
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.
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.