Goldgroup Mining Inc., together with its subsidiaries, focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas.
Adequate balance sheet and overvalued.
Share Price & News
How has Goldgroup Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GGA's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GGA underperformed the Canadian Metals and Mining industry which returned 4.9% over the past year.
Return vs Market: GGA underperformed the Canadian Market which returned 0.5% over the past year.
Price Volatility Vs. Market
How volatile is Goldgroup Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StSome Goldgroup Mining (TSE:GGA) Shareholders Have Taken A Painful 81% Share Price Drop
1 month ago | Simply Wall StDo Institutions Own Shares In Goldgroup Mining Inc. (TSE:GGA)?
3 months ago | Simply Wall StDoes Goldgroup Mining Inc. (TSE:GGA) Have A High Beta?
Is Goldgroup Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GGA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GGA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GGA is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GGA 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 GGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GGA is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (1.5x).
How is Goldgroup Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Goldgroup Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Goldgroup Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Goldgroup Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Goldgroup Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGA is currently unprofitable.
Growing Profit Margin: GGA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GGA is unprofitable, but has reduced losses over the past 5 years at a rate of 67.5% per year.
Accelerating Growth: Unable to compare GGA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GGA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: GGA has a negative Return on Equity (-152.34%), as it is currently unprofitable.
How is Goldgroup Mining's financial position?
Financial Position Analysis
Short Term Liabilities: GGA's short term assets ($4.4M) do not cover its short term liabilities ($7.6M).
Long Term Liabilities: GGA's short term assets ($4.4M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: GGA's debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: GGA's debt to equity ratio has increased from 9.7% to 35.6% over the past 5 years.
Inventory Level: GGA has a high level of physical assets or inventory.
Debt Coverage by Assets: GGA's debt is covered by short term assets (assets are 4.6x debt).
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 GGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GGA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.5% per year.
What is Goldgroup Mining's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GGA'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 GGA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GGA'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 GGA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Anthony Balic (37yo)
Mr. Anthony Bob Balic is the Interim Chief Executive Officer of Goldgroup Mining Inc. since June 26, 2019. He serves as Director and Chief Financial Officer at Lions Bay Capital Inc. since October 31, 2019 ...
CEO Compensation Analysis
Compensation vs Market: Anthony's total compensation ($USD137.00K) is about average for companies of similar size in the Canadian market ($USD155.12K).
Compensation vs Earnings: Anthony's compensation has increased whilst the company is unprofitable.
|Member of Advisory Board||7.8yrs||US$7.50k||no data|
|Independent Director||9.8yrs||US$49.38k||0.27% $12.5k|
|Independent Director||4.7yrs||US$23.60k||1.53% $70.6k|
Experienced Board: GGA's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Goldgroup Mining Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Goldgroup Mining Inc.
- Ticker: GGA
- Exchange: TSX
- Industry: Gold
- Sector: Materials
- Market Cap: CA$4.628m
- Shares outstanding: 185.14m
- Website: https://www.goldgroupmining.com
Number of Employees
- Goldgroup Mining Inc.
- 1166 Alberni Street
- Suite 1201
- British Columbia
- V6E 3Z3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GGA||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||May 2010|
|55G||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2010|
|GGAZ.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2010|
|GGA N||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||May 2010|
Goldgroup Mining Inc., together with its subsidiaries, focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas. It holds a 100% interests in the Cerro Prieto Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador. The company is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 01:30|
|End of Day Share Price||2020/02/25 00:00|
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.