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
Atlanta 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
Atlanta 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 Atlanta 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 Atlanta Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Atlanta Gold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Atlanta Gold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Atlanta Gold is high growth as no earnings estimate data is available.
Unable to determine if Atlanta 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.
Atlanta 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.
Mr. Allan John Folk is President and Chief Executive Officer at Atlanta Gold Inc. Mr. Folk serves as Vice President of Brant Securities Ltd. Mr. Folk has been a Director of Renaissance Oil Corp. since November 2018. He serves as Vice President for Institutional Equity Sales of Fort House Inc. He served as an Interim Chief Executive Officer at Monarca Minerals Inc. (Alternate Name: Oremex Silver Inc.) since June 2014 until June 1, 2018 and served as its President. He has over 35 years of distinguished and valuable experience in the investment industry with a bias toward the resource sector. He has been Chairman of Atlanta Gold Inc. since June 2016 and served as its Vice Chairman until June 2016. Mr. Folk serves as a Director since April 02, 2017 at Bonterra Resources Inc. During his career, he has financed and advised both junior and advanced Canadian companies at the senior board or executive level. He has been a Director of Oremex Silver Inc. since December 31, 2013 and Atlanta Gold Inc. since November 6, 2006. He has been a Director of Pacton Gold Inc. since August 2018. He has been a Director of Monarca Minerals Inc. December 31, 2013. He serves as a Director of Brant Securities. He served as a Director at Barkerville Gold Mines Ltd. since July 29, 2015 until June 9, 2017. Mr. Folk is a graduate of the University of Wisconsin.
Insufficient data for Allan to compare compensation growth.
Allan's remuneration is lower than average for companies of similar size in Canada.
Is Atlanta Gold Inc (CVE:ATG) A Financially Sound Company?
While small-cap stocks, such as Atlanta Gold Inc (CVE:ATG) with its market cap of CA$3m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.
One Thing To Consider Before Buying Atlanta Gold Inc (CVE:ATG)
If you are looking to invest in Atlanta Gold Inc’s (CVE:ATG), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Generally, an investor should consider two types of risk that impact the market value of ATG. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.
Atlanta Gold Inc. operates as a junior gold exploration and development company in the United States. Its principal property is the Atlanta gold property that covers an area of 2,159 acres located in Idaho. The company was formerly known as Twin Mining Corporation and changed its name to Atlanta Gold Inc. in March 2007. Atlanta Gold Inc. was founded in 1985 and is headquartered in Toronto, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.