Avidian Gold Corp. engages in the acquisition, exploration, and development of gold properties in North America. More Details
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Avidian Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVG's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: AVG exceeded the Canadian Metals and Mining industry which returned 54.1% over the past year.
Return vs Market: AVG exceeded the Canadian Market which returned -4.3% over the past year.
Price Volatility Vs. Market
How volatile is Avidian Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StWhat Kind Of Shareholders Own Avidian Gold Corp. (CVE:AVG)?
11 months ago | Simply Wall StCould The Avidian Gold Corp. (CVE:AVG) Ownership Structure Tell Us Something Useful?
1 year ago | Simply Wall StEasy Come, Easy Go: How Avidian Gold (CVE:AVG) Shareholders Got Unlucky And Saw 82% Of Their Cash Evaporate
Is Avidian Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AVG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AVG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AVG is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: AVG 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 AVG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVG is overvalued based on its PB Ratio (139.7x) compared to the CA Metals and Mining industry average (2.8x).
How is Avidian Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 Avidian 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 SimplyWall St do have past financial data.
- Examine Avidian Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Avidian Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Avidian Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVG is currently unprofitable.
Growing Profit Margin: AVG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AVG is unprofitable, and losses have increased over the past 5 years at a rate of 1.7% per year.
Accelerating Growth: Unable to compare AVG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).
Return on Equity
High ROE: AVG has a negative Return on Equity (-921.55%), as it is currently unprofitable.
How is Avidian Gold's financial position?
Financial Position Analysis
Short Term Liabilities: AVG's short term assets ($1.0M) exceed its short term liabilities ($165.7K).
Long Term Liabilities: AVG's short term assets ($1.0M) exceed its long term liabilities ($610.1K).
Debt to Equity History and Analysis
Debt Level: AVG's debt to equity ratio (121.4%) is considered high.
Reducing Debt: AVG's debt to equity ratio has increased from 0.4% to 121.4% over the past 5 years.
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: AVG has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AVG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
What is Avidian Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVG'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 AVG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVG'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 AVG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. David C. Anderson, B.Sc., APGO has been Chairman of Avidian Gold Corp.since March 2018 and also has been its Director since November 29, 2017. Mr. Anderson serves as Chief Executive Officer of Avidian ...
|CEO & Chairman||1.67yrs||US$185.00k||6.29% |
|Independent Director||2.92yrs||US$272.50k||0.71% |
|Independent Director||1.92yrs||no data||1.04% |
|Independent Director||2.75yrs||US$205.10k||1.0% |
Experienced Board: AVG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 44.4%.
Avidian Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Avidian Gold Corp.
- Ticker: AVG
- Exchange: TSXV
- Founded: 2011
- Industry: Gold
- Sector: Materials
- Market Cap: CA$31.171m
- Shares outstanding: 122.24m
- Website: https://www.avidiangold.com
- Avidian Gold Corp.
- 18 King Street East
- Suite 902
- M5C 1C4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AVG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2017|
|AVGD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2017|
Avidian Gold Corp. engages in the acquisition, exploration, and development of gold properties in North America. It also explores for silver and copper properties. The company holds 100% interests in the G ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 01:08|
|End of Day Share Price||2020/10/22 00:00|
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.