GCM

Gran Colombia GoldTSX:GCM Stock Report

Market Cap

CA$510.2m

7D

13.6%

1Y

-22.1%

Updated

17 Sep, 2021

Data

Company Financials +
GCM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends2/6

GCM Overview

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

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

13.6%

GCM

-2.6%

CA Metals and Mining

-0.2%

CA Market


1 Year Return

-22.1%

GCM

-13.7%

CA Metals and Mining

29.1%

CA Market

Return vs Industry: GCM underperformed the Canadian Metals and Mining industry which returned -10.4% over the past year.

Return vs Market: GCM underperformed the Canadian Market which returned 30% over the past year.


Shareholder returns

GCMIndustryMarket
7 Day13.6%-2.6%-0.2%
30 Day14.9%-2.4%1.8%
90 Day0.8%-5.9%2.9%
1 Year-19.8%-22.1%-12.6%-13.7%33.0%29.1%
3 Year135.0%128.3%60.0%56.1%33.0%20.5%
5 Year227.6%218.2%15.7%11.9%51.6%29.3%

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

Gran Colombia Gold Fundamentals Summary

How do Gran Colombia Gold's earnings and revenue compare to its market cap?
GCM fundamental statistics
Market CapUS$400.16m
Earnings (TTM)US$141.99m
Revenue (TTM)US$395.34m

2.9x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GCM income statement (TTM)
RevenueUS$395.34m
Cost of RevenueUS$201.70m
Gross ProfitUS$193.64m
ExpensesUS$51.66m
EarningsUS$141.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.21
Gross Margin48.98%
Net Profit Margin35.92%
Debt/Equity Ratio8.7%

How did GCM perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

6%

Payout Ratio

Valuation

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

2.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GCM (CA$5.18) is trading above our estimate of fair value (CA$1.8)

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


Price To Earnings Ratio

PE vs Industry: GCM is good value based on its PE Ratio (2.8x) compared to the Canadian Metals and Mining industry average (11.3x).

PE vs Market: GCM is good value based on its PE Ratio (2.8x) compared to the Canadian market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: GCM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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 (2.5x).


Future Growth

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

-37.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GCM's earnings are forecast to decline over the next 3 years (-37.6% per year).

Earnings vs Market: GCM's earnings are forecast to decline over the next 3 years (-37.6% per year).

High Growth Earnings: GCM's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GCM's revenue is expected to decline over the next 3 years (-0.3% per year).

High Growth Revenue: GCM's revenue is forecast to decline over the next 3 years (-0.3% 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


Past Performance

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

-8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GCM has a high level of non-cash 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 -8.5% 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 (116%).


Return on Equity

High ROE: GCM's Return on Equity (24.4%) is considered high.


Financial Health

How is Gran Colombia Gold's financial position?


Financial Position Analysis

Short Term Liabilities: GCM's short term assets ($99.3M) exceed its short term liabilities ($40.0M).

Long Term Liabilities: GCM's short term assets ($99.3M) do not cover its long term liabilities ($194.9M).


Debt to Equity History and Analysis

Debt Level: GCM's debt to equity ratio (8.7%) is considered satisfactory.

Reducing Debt: GCM's debt to equity ratio has reduced from 44.3% to 8.7% over the past 5 years.

Debt Coverage: GCM's debt is well covered by operating cash flow (303.3%).

Interest Coverage: GCM's interest payments on its debt are well covered by EBIT (27.5x coverage).


Balance Sheet


Dividend

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

3.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GCM's dividend (3.43%) is higher than the bottom 25% of dividend payers in the Canadian market (1.63%).

High Dividend: GCM's dividend (3.43%) is low compared to the top 25% of dividend payers in the Canadian market (4.45%).


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: With its low payout ratio (5.7%), GCM's dividend payments are thoroughly 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?

5.0yrs

Average management tenure


CEO

Lombardo Paredes-Arenas (75 yo)

7.58yrs

Tenure

US$888,585

Compensation

Mr. Lombardo Paredes-Arenas has been an Independent Director of Western Atlas Resources Inc. since January 10, 2020. He served as the President of Aris Gold Corporation (formerly known as Caldas Gold Corpo...


CEO Compensation Analysis

Compensation vs Market: Lombardo's total compensation ($USD888.59K) is about average for companies of similar size in the Canadian market ($USD839.70K).

Compensation vs Earnings: Lombardo's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GCM's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: GCM's board of directors are considered experienced (4.1 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 59%.


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$510.156m
  • Shares outstanding: 98.49m
  • Website: https://www.grancolombiagold.com

Number of Employees


Location

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

Listings


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 Analysis2021/09/17 22:07
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.