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GSV

Gold Standard VenturesTSX:GSV Stock Report

Market Cap

CA$204.0m

7D

-3.4%

1Y

-43.0%

Updated

26 Sep, 2021

Data

Company Financials +
GSV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

GSV 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.

Price History & Performance

Summary of all time highs, changes and price drops for Gold Standard Ventures
Historical stock prices
Current Share PriceCA$0.57
52 Week HighCA$0.55
52 Week LowCA$1.23
Beta0.76
1 Month Change-9.52%
3 Month Change-17.39%
1 Year Change-43.00%
3 Year Change-74.21%
5 Year Change-82.93%
Change since IPO-24.00%

Recent News & Updates

Aug 20
Here's Why We're Watching Gold Standard Ventures' (TSE:GSV) Cash Burn Situation

Here's Why We're Watching Gold Standard Ventures' (TSE:GSV) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Shareholder Returns

GSVCA Metals and MiningCA Market
7D-3.4%-3.0%-0.3%
1Y-43.0%-10.5%30.8%

Return vs Industry: GSV underperformed the Canadian Metals and Mining industry which returned -10.5% over the past year.

Return vs Market: GSV underperformed the Canadian Market which returned 30.8% over the past year.

Price Volatility

Is GSV's price volatile compared to industry and market?
GSV volatility
GSV Beta0.76
Industry Beta1.09
Market Beta1

Stable Share Price: GSV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GSV's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a18Jason 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 21,679 hectares located in the Elko County, Nevada. Gold Standard Ventures Corp. 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$204.04m
Earnings (TTM)-CA$13.98m
Revenue (TTM)n/a

0x

P/S Ratio

-14.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GSV income statement (TTM)
RevenueCA$0
Cost of RevenueCA$4.02k
Gross Profit-CA$4.02k
ExpensesCA$13.98m
Earnings-CA$13.98m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.039
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did GSV perform over the long term?

See historical performance and comparison

Valuation

Is Gold Standard Ventures undervalued compared to its fair value and its price relative to the market?

0.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GSV (CA$0.57) is trading above our estimate of fair value (CA$0.33)

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


Price To Earnings Ratio

PE vs Industry: GSV is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.

PE vs Market: GSV 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 GSV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GSV is good value based on its PB Ratio (0.7x) compared to the CA Metals and Mining industry average (2.4x).


Future Growth

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

24.4%

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


Past Performance

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

-3.1%

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 3.1% 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 (126.4%).


Return on Equity

High ROE: GSV has a negative Return on Equity (-4.9%), as it is currently unprofitable.


Financial Health

How is Gold Standard Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: GSV's short term assets (CA$35.6M) exceed its short term liabilities (CA$3.0M).

Long Term Liabilities: GSV's short term assets (CA$35.6M) exceed its long term liabilities (CA$4.9M).


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 10.3% each year.


Dividend

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


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.


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 GSV's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Jason Attew

0.75

Tenure

CA$935,025

Compensation

Mr. Jason Mark Attew, B.Sc, M.B.A., serves as President and Chief Executive Officer at Gold Standard Ventures Corp. since December 02, 2020 and as its Director since 2020. He has been a Non-Executive Direc...


Leadership Team

Experienced Management: GSV's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: GSV's board of directors are considered experienced (3.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: GSV 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 diluted in the past year, with total shares outstanding growing by 13.6%.


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: NaN
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$204.043m
  • Shares outstanding: 357.97m
  • 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 Analysis2021/09/26 22:10
End of Day Share Price2021/09/24 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.