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GSV

Gold Standard Ventures TSX:GSV Stock Report

Last Price

CA$0.43

Market Cap

CA$154.3m

7D

-9.5%

1Y

-39.4%

Updated

29 Jun, 2022

Data

Company Financials +
GSV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

GSV Stock Overview

Gold Standard Ventures Corp., an exploration stage company, engages in the development of district-scale and other gold-bearing mineral resource properties in Nevada, the United States.

Gold Standard Ventures Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gold Standard Ventures
Historical stock prices
Current Share PriceCA$0.43
52 Week HighCA$0.73
52 Week LowCA$0.42
Beta0.81
1 Month Change-4.44%
3 Month Change-24.56%
1 Year Change-39.44%
3 Year Change-67.91%
5 Year Change-80.80%
Change since IPO-42.67%

Recent News & Updates

Apr 29
Is Gold Standard Ventures (TSE:GSV) In A Good Position To Deliver On Growth Plans?

Is Gold Standard Ventures (TSE:GSV) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Shareholder Returns

GSVCA Metals and MiningCA Market
7D-9.5%-4.6%0.3%
1Y-39.4%-14.8%-3.7%

Return vs Industry: GSV underperformed the Canadian Metals and Mining industry which returned -12.1% over the past year.

Return vs Market: GSV underperformed the Canadian Market which returned -2.9% over the past year.

Price Volatility

Is GSV's price volatile compared to industry and market?
GSV volatility
GSV Average Weekly Movement9.0%
Metals and Mining Industry Average Movement11.0%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market4.4%

Stable Share Price: GSV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GSV's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200420Jason Attewhttps://www.goldstandardv.com

Gold Standard Ventures Corp., an exploration stage company, engages in the development of district-scale and other gold-bearing mineral resource properties in Nevada, the United States. Its flagship property is the Railroad-Pinion project covering an area of approximately 53,570 acres located in the Elko County, Nevada. The company was incorporated in 2004 and is headquartered in Vancouver, Canada.

Gold Standard Ventures Fundamentals Summary

How do Gold Standard Ventures's earnings and revenue compare to its market cap?
GSV fundamental statistics
Market CapCA$154.26m
Earnings (TTM)-CA$9.62m
Revenue (TTM)n/a

0.0x

P/S Ratio

-16.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GSV income statement (TTM)
RevenueCA$0
Cost of RevenueCA$28.45k
Gross Profit-CA$28.45k
Other ExpensesCA$9.59m
Earnings-CA$9.62m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.027
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GSV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is GSV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GSV?

Other financial metrics that can be useful for relative valuation.

GSV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-18x
PEG Ration/a

Price to Book Ratio vs Peers

How does GSV's PB Ratio compare to its peers?

GSV PB Ratio vs Peers
The above table shows the PB ratio for GSV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2x
FF First Mining Gold
0.7xn/aCA$156.6m
ME Moneta Gold
2.7xn/aCA$169.1m
LGD Liberty Gold
2.8x33.5%CA$180.2m
AMX Amex Exploration
2x-35.2%CA$173.4m
GSV Gold Standard Ventures
0.5x-79.4%CA$154.3m

Price-To-Book vs Peers: GSV is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (2x).


Price to Earnings Ratio vs Industry

How does GSV's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: GSV is good value based on its Price-To-Book Ratio (0.5x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is GSV's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GSV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GSV's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of GSV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GSV (CA$0.43) is trading below our estimate of fair value (CA$50.57)

Significantly Below Fair Value: GSV is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GSV's PEG Ratio to determine if it is good value.


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Future Growth

How is Gold Standard Ventures forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-79.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GSV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GSV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GSV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GSV is forecast to have no revenue next year.

High Growth Revenue: GSV is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GSV's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Gold Standard Ventures performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GSV is currently unprofitable.

Growing Profit Margin: GSV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GSV is unprofitable, and losses have increased over the past 5 years at a rate of 1% per year.

Accelerating Growth: Unable to compare GSV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GSV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.8%).


Return on Equity

High ROE: GSV has a negative Return on Equity (-3.41%), as it is currently unprofitable.


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Financial Health

How is Gold Standard Ventures's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GSV's short term assets (CA$18.4M) exceed its short term liabilities (CA$845.8K).

Long Term Liabilities: GSV's short term assets (CA$18.4M) exceed its long term liabilities (CA$5.1M).


Debt to Equity History and Analysis

Debt Level: GSV is debt free.

Reducing Debt: GSV had no debt 5 years ago.


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: GSV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GSV has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 2.2% each year.


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Dividend

What is Gold Standard Ventures's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate GSV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GSV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GSV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GSV's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GSV has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Jason Attew (51 yo)

1.5yrs

Tenure

CA$1,214,333

Compensation

Mr. Jason Mark Attew, B.Sc, M.B.A., serves as Lead Independent Director at Evolution Mining Limited. Mr. Attew serves as President and Chief Executive Officer at Gold Standard Ventures Corp. since December...


CEO Compensation Analysis

Compensation vs Market: Jason's total compensation ($USD941.79K) is above average for companies of similar size in the Canadian market ($USD174.83K).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: GSV's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: GSV'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gold Standard Ventures Corp's employee growth, exchange listings and data sources


Key Information

  • Name: Gold Standard Ventures Corp
  • Ticker: GSV
  • Exchange: TSX
  • Founded: 2004
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$154.256m
  • Shares outstanding: 358.74m
  • Website: https://www.goldstandardv.com

Number of Employees


Location

  • Gold Standard Ventures Corp
  • 815 West Hastings Street
  • Suite 610
  • Vancouver
  • British Columbia
  • V6C 1B4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.