Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Monarch Gold. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Monarch Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Monarch Gold 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Monarch Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Monarch Gold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Monarch Gold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Monarch Gold is high growth as no earnings estimate data is available.
Unable to determine if Monarch Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Monarch Gold's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Jean-Marc Lacoste has been the Chief Executive Officer and President of Monarch Gold Corporation (Monarques Gold Corporation) since October 10, 2012. Mr. Lacoste serves as a Consultant at Lacoste International Inc. Mr. Lacoste served as President at Ona Power Corporation until October 13, 2005. He served as the Chief Executive Officer and President at Golden Goose Resources, Inc. from August 21, 2006 to May 1, 2009. In 1993 he started a career in finance at the Montreal Stock Exchange where he worked for National Bank Financial and subsequently, Merrill Lynch Canada. In 2000 Mr. Lacoste left Montreal for Toronto to joined Northland Power. He returned to Montreal in 2002 where he joined the boards of a few public and private companies. He served as Vice President of Acquisitions of Northland Power Inc. He served as an Executive Chairman of Golden Goose Resources, Inc. since January 1, 2007 and its Executive Director since October 27, 2004. He has been a Director of Monarques Gold Corporation since April 25, 2012. He served as a Director of Merrill Lynch Canada. Mr. Lacoste holds BA in Economics from McGill University.
Jean-Marc's compensation has increased whilst company is loss making.
Jean-Marc's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Monarch Gold management team is about average.
Chief Financial Officer
Vice-President of Operations
Director of Legal Affairs & Corporate Secretary
Vice President of Corporate Development
Chief Geologist for Croinor Gold Project
Chief Exploration Geologist
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Monarch Gold board of directors is about average.
Board of Directors
Chairman of the Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Monarch Gold insiders in the past 3 months, but not in substantial volumes.
Monarch Gold Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company has approximately 240 square kilometers of gold properties, including the Beaufor Mine; the McKenzie property and the Swanson property advanced projects; the Croinor Gold and Wasamac properties; and the Camflo and Beacon mills, as well as other five promising exploration projects located in the Val-d'Or area, Quebec. It also offers toll milling services through its 1,600 tonne-per-day Camflo mill. The company was formerly known as Monarques Gold Corporation and changed its name to Monarch Gold Corporation in January 2019. Monarch Gold Corporation was incorporated in 2011 and is headquartered in Saint-Sauveur, Canada.
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