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.
Snowflake Analysis
Very undervalued with excellent balance sheet.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.8%
GCM
1.9%
CA Metals and Mining
1.4%
CA Market
1 Year Return
63.9%
GCM
28.1%
CA Metals and Mining
10.1%
CA Market
Return vs Industry: GCM exceeded the Canadian Metals and Mining industry which returned 26.9% over the past year.
Return vs Market: GCM exceeded the Canadian Market which returned 10.4% over the past year.
Shareholder returns
| GCM | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | 1.9% | 1.4% |
| 30 Day | 6.3% | 5.1% | 2.6% |
| 90 Day | 13.6% | 10.8% | 6.5% |
| 1 Year | 63.9%63.9% | 29.0%28.1% | 13.7%10.1% |
| 3 Year | 240.3%240.3% | -1.6%-3.4% | 17.8%7.1% |
| 5 Year | -25.6%-25.6% | 26.4%22.2% | 36.3%16.3% |
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 days ago | Simply Wall St
Introducing Gran Colombia Gold (TSE:GCM), The Stock That Zoomed 244% In The Last Three Years2 weeks ago | Simply Wall St
Did Gran Colombia Gold Corp. (TSE:GCM) Use Debt To Deliver Its ROE Of 11%?1 month ago | Simply Wall St
Could The Gran Colombia Gold Corp. (TSE:GCM) Ownership Structure Tell Us Something Useful?Valuation
Is Gran Colombia Gold undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GCM (CA$5.46) is trading below our estimate of fair value (CA$22.41)
Significantly Below Fair Value: GCM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GCM is good value based on its PE Ratio (7.9x) compared to the Metals and Mining industry average (17.3x).
PE vs Market: GCM is good value based on its PE Ratio (7.9x) compared to the Canadian market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: GCM is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: GCM is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (1.5x).
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?
60.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GCM's forecast earnings growth (60% per year) is above the savings rate (1.4%).
Earnings vs Market: GCM's earnings (60% per year) are forecast to grow faster than the Canadian market (10.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GCM's revenue (9.2% per year) is forecast to grow faster than the Canadian market (5% per year).
High Growth Revenue: GCM's revenue (9.2% 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?
38.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GCM has high quality earnings.
Growing Profit Margin: GCM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GCM has become profitable over the past 5 years, growing earnings by 38.2% per year.
Accelerating Growth: GCM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GCM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-1.4%).
Return on Equity
High ROE: GCM's Return on Equity (10.5%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Gran Colombia Gold's financial position?
Financial Position Analysis
Short Term Liabilities: GCM's short term assets ($104.2M) exceed its short term liabilities ($65.5M).
Long Term Liabilities: GCM's short term assets ($104.2M) do not cover its long term liabilities ($165.1M).
Debt to Equity History and Analysis
Debt Level: GCM's debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: GCM's debt to equity ratio has reduced from 69% to 37.1% over the past 5 years.
Debt Coverage: GCM's debt is well covered by operating cash flow (101.7%).
Interest Coverage: GCM's interest payments on its debt are well covered by EBIT (101.7x coverage).
Balance Sheet
Inventory Level: GCM has a high level of physical assets or inventory.
Debt Coverage by Assets: GCM's debt is covered by short term assets (assets are 1.1x debt).
Next Steps
Dividend
What is Gran Colombia Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GCM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GCM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GCM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GCM's dividend payments have been increasing.
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: No need to calculate the sustainability of GCM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
What is the CEO of Gran Colombia Gold's salary, the management and board of directors tenure and is there insider trading?
7.6yrs
Average management tenure
CEO
Lombardo Arenas 0
5.9yrs
Tenure
US$593,500
Compensation
Mr. Lombardo Parades Arenas serves as an Independent Director of Western Atlas Resources Inc. since January 10, 2020. He has been Independent Director of Gold X Mining Corp. (formerly Sandspring Resources ...
CEO Compensation Analysis
Compensation vs Market: Lombardo's total compensation ($USD593.50K) is about average for companies of similar size in the Canadian market ($USD672.22K).
Compensation vs Earnings: Lombardo's compensation has been consistent with company performance over the past year.
Management Age and Tenure
7.6yrs
Average Tenure
Experienced Management: GCM's management team is seasoned and experienced (7.6 years average tenure).
Board Age and Tenure
2.4yrs
Average Tenure
62yo
Average Age
Experienced Board: GCM's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: GCM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 3,260,870 |
| Max Price | CA$4.60 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 30,600 |
| Max Price | CA$5.61 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 25,400 |
| Max Price | CA$5.62 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 27,100 |
| Max Price | CA$4.16 |
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 74.5%.
Management Team
Serafino Iacono (58yo)
Executive Chairman
- Tenure: 0.8yrs
- Compensation: US$475.38k
Mike Davies (58yo)
Chief Financial Officer
- Tenure: 9.4yrs
- Compensation: US$446.63k
Jose Noguera Gomez
Vice President of Corporate Affairs & Sustainability
- Tenure: 7.6yrs
- Compensation: US$314.99k
Lombardo Arenas
Chief Executive Officer
- Tenure: 5.9yrs
- Compensation: US$593.50k
Board Members
De Lyle Bloomquist (60yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$92.63k
Bob Metcalfe (79yo)
Lead Independent Director
- Tenure: 5.2yrs
- Compensation: US$112.63k
Serafino Iacono (58yo)
Executive Chairman
- Tenure: 0.8yrs
- Compensation: US$475.38k
Miguel Angel de la Campa (74yo)
Vice Chairman of the Board
- Tenure: 0.8yrs
- Compensation: US$268.99k
Hernan Juan Jose Martinez Torres (78yo)
Independent Director
- Tenure: 8.6yrs
- Compensation: US$97.63k
Jaime Perez Branger (60yo)
Independent Director
- Tenure: 8.6yrs
- Compensation: US$102.63k
Mónica De Greiff (62yo)
Independent Director
- Tenure: 1.6yrs
- Compensation: US$71.18k
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$285.284m
- Shares outstanding: 53.22m
- 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. It holds interests in the Segovia operations comprising the El Silencio, Providencia, Sandra K, and the Carla underground mines located in Colombia; and the Marmato gold project situated in Colombia. The company also owns interest in the Zancudo project located in the Titiribí mining district of Antioquia. Gran Colombia Gold Corp. is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/21 00:28 |
| End of Day Share Price | 2020/01/20 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.