KOR

Corvus GoldTSX:KOR Stock Report

Market Cap

CA$513.1m

7D

0.2%

1Y

4.9%

Updated

22 Sep, 2021

Data

Company Financials +
KOR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

KOR Overview

Corvus Gold Inc. acquires, explores for, and develops mineral properties primarily in Canada and the United States.

Price History & Performance

Summary of all time highs, changes and price drops for Corvus Gold
Historical stock prices
Current Share PriceCA$4.04
52 Week HighCA$2.17
52 Week LowCA$4.15
Beta1.45
1 Month Change2.28%
3 Month Change22.05%
1 Year Change4.94%
3 Year Change31.17%
5 Year Change334.41%
Change since IPO648.15%

Recent News & Updates

Shareholder Returns

KORCA Metals and MiningCA Market
7D0.2%-5.5%-1.7%
1Y4.9%-12.1%28.6%

Return vs Industry: KOR exceeded the Canadian Metals and Mining industry which returned -11.6% over the past year.

Return vs Market: KOR underperformed the Canadian Market which returned 29.3% over the past year.

Price Volatility

Is KOR's price volatile compared to industry and market?
KOR volatility
KOR Beta1.45
Industry Beta1.07
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
20102Jeff Pontiushttps://www.corvusgold.com

Corvus Gold Inc. acquires, explores for, and develops mineral properties primarily in Canada and the United States. Its principal mineral property includes the North Bullfrog project, a gold and silver mining project that consists of patented and unpatented mining claims covering an area of approximately 12,895 hectares located in northwestern Nye County, Nevada; and the Mother Lode project that consists of unpatented lode mining claims covering an area of 3,803 hectares located in northwestern Nye County, Nevada. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

Valuation

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

167.7x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KOR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KOR's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: KOR is overvalued based on its PB Ratio (167.7x) compared to the CA Metals and Mining industry average (2.4x).


Future Growth

How is Corvus Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.9%

Forecasted Materials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KOR's forecast earnings growth is above the savings rate (1.5%).

Earnings vs Market: Insufficient data to determine if KOR's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if KOR's revenue is forecast to grow faster than the Canadian market.

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Corvus Gold performed over the past 5 years?

-27.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOR is currently unprofitable.

Growing Profit Margin: KOR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KOR is unprofitable, and losses have increased over the past 5 years at a rate of 27.5% per year.

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

Earnings vs Industry: KOR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (116%).


Return on Equity

High ROE: KOR has a negative Return on Equity (-755.47%), as it is currently unprofitable.


Financial Health

How is Corvus Gold's financial position?


Financial Position Analysis

Short Term Liabilities: KOR's short term assets (CA$5.6M) do not cover its short term liabilities (CA$7.6M).

Long Term Liabilities: KOR's short term assets (CA$5.6M) exceed its long term liabilities (CA$359.3K).


Debt to Equity History and Analysis

Debt Level: KOR's debt to equity ratio (187.6%) is considered high.

Reducing Debt: Insufficient data to determine if KOR's debt to equity ratio has reduced over the past 5 years.


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

Forecast Cash Runway: KOR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.3% each year


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate KOR'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 KOR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KOR'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 KOR'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?

2.5yrs

Average management tenure


CEO

Jeff Pontius (66 yo)

11.08yrs

Tenure

CA$1,449,216

Compensation

Mr. Jeffrey A. Pontius, also known as Jeff, MSc, BSc, has been the Chief Executive Officer since August 25, 2010 and serves as President since June 2015 at Corvus Gold Inc. Mr. Pontius founded Internationa...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD1.13M) is about average for companies of similar size in the Canadian market ($USD870.23K).

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


Leadership Team

Experienced Management: KOR's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: KOR's board of directors are seasoned and experienced ( 11.1 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 been diluted in the past year, with total shares outstanding growing by 2.4%.


Top Shareholders

Company Information

Corvus Gold Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Corvus Gold Inc.
  • Ticker: KOR
  • Exchange: TSX
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$513.094m
  • Shares outstanding: 127.00m
  • Website: https://www.corvusgold.com

Number of Employees


Location

  • Corvus Gold Inc.
  • 700 West Pender Street
  • Suite 1750
  • Vancouver
  • British Columbia
  • V6C 1G8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 00:20
End of Day Share Price2021/09/21 00:00
Earnings2021/05/31
Annual Earnings2021/05/31


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.