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Blackrock Gold

TSXV:BRC
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BRC
TSXV
CA$2M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Blackrock Gold Corp. engages in the acquisition, exploration, and development of mineral properties located in Canada and the United States. The last earnings update was 26 days ago. More info.


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BRC Share Price and Events
7 Day Returns
14.3%
TSXV:BRC
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-69.2%
TSXV:BRC
-5.9%
CA Metals and Mining
0.7%
CA Market
BRC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Blackrock Gold (BRC) 14.3% 0% 0% -69.2% -66.7% -75%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • BRC underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • BRC underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
BRC
Industry
5yr Volatility vs Market

BRC Value

 Is Blackrock Gold undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Blackrock Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
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 Blackrock Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Blackrock Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BRC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.04
TSXV:BRC Share Price ** TSXV (2019-03-19) in CAD CA$0.04
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Blackrock Gold.

TSXV:BRC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BRC Share Price ÷ EPS (both in CAD)

= 0.04 ÷ -0.04

-1.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blackrock Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Blackrock Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Blackrock Gold's expected growth come at a high price?
Raw Data
TSXV:BRC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Blackrock Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Blackrock Gold's assets?
Raw Data
TSXV:BRC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.02
TSXV:BRC Share Price * TSXV (2019-03-19) in CAD CA$0.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:BRC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BRC Share Price ÷ Book Value per Share (both in CAD)

= 0.04 ÷ 0.02

1.83x

* Primary Listing of Blackrock Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blackrock Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Blackrock Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Blackrock Gold has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BRC Future Performance

 How is Blackrock Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Blackrock 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 growth 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 it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Blackrock Gold expected to grow at an attractive rate?
  • Unable to compare Blackrock Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Blackrock Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Blackrock Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:BRC Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:BRC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:BRC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -1
2018-07-31 -1 -2
2018-04-30 0 -2
2018-01-31 0 -1
2017-10-31 0 -1
2017-07-31 -1 0
2017-04-30 -1 0
2017-01-31 -1 -1
2016-10-31 -1 -1
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Blackrock Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Blackrock 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.
Raw Data
TSXV:BRC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Blackrock Gold Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BRC Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.04
2018-07-31 -0.07
2018-04-30 -0.07
2018-01-31 -0.03
2017-10-31 -0.04
2017-07-31 -0.01
2017-04-30 -0.01
2017-01-31 -0.08
2016-10-31 -0.08
2016-07-31 -0.08
2016-04-30 -0.06
2016-01-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Blackrock Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Blackrock 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.
  2. Blackrock Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Blackrock Gold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Blackrock Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Blackrock Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BRC Past Performance

  How has Blackrock Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Blackrock Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Blackrock Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Blackrock Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Blackrock Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Blackrock Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Blackrock Gold Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BRC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -1.15 1.10
2018-07-31 -2.00 0.97
2018-04-30 -1.57 0.52
2018-01-31 -0.62 0.44
2017-10-31 -0.82 0.59
2017-07-31 -0.10 0.62
2017-04-30 -0.13 0.67
2017-01-31 -0.88 0.56
2016-10-31 -0.60 0.34
2016-07-31 -0.46 0.13
2016-04-30 -0.34 0.03
2016-01-31 -0.35 0.03
2015-10-31 -0.36 0.04
2015-07-31 -0.11 0.09
2015-04-30 -0.09 0.08
2015-01-31 -0.09 0.08
2014-10-31 -0.09 0.09
2014-07-31 -0.17 0.10
2014-04-30 -0.19 0.13
2014-01-31 -0.20 0.13
2013-10-31 -0.19 0.12
2013-07-31 -0.02 0.06
2013-04-30 -0.01 0.05
2013-01-31 -0.03 0.05
2012-10-31 -0.06 0.06
2012-07-31 -0.16 0.06
2012-04-30 -0.16 0.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Blackrock Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Blackrock Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Blackrock Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Blackrock Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Blackrock Gold 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.

Full details on the Past part of the Simply Wall St company analysis model.

BRC Health

 How is Blackrock Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Blackrock Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Blackrock Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Blackrock Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Blackrock Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Blackrock Gold Company Filings, last reported 4 months ago.

TSXV:BRC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 0.94 0.11 0.21
2018-07-31 0.78 0.11 0.25
2018-04-30 1.09 0.11 0.81
2018-01-31 -0.05 0.16 0.10
2017-10-31 0.03 0.07 0.09
2017-07-31 1.20 0.00 0.12
2017-04-30 1.30 0.00 0.22
2017-01-31 0.16 0.88 0.04
2016-10-31 0.37 0.89 0.05
2016-07-31 0.26 0.89 0.12
2016-04-30 0.08 0.89 0.00
2016-01-31 0.10 0.89 0.00
2015-10-31 0.10 0.88 0.00
2015-07-31 0.41 0.88 0.00
2015-04-30 0.42 0.87 0.01
2015-01-31 0.45 0.84 0.01
2014-10-31 0.46 0.82 0.01
2014-07-31 0.52 0.80 0.01
2014-04-30 0.52 0.79 0.01
2014-01-31 0.53 0.79 0.04
2013-10-31 0.54 0.73 0.02
2013-07-31 0.69 0.97 0.01
2013-04-30 0.71 0.94 0.01
2013-01-31 0.73 0.89 0.01
2012-10-31 0.73 0.87 0.01
2012-07-31 0.71 0.88 0.01
2012-04-30 0.72 0.83 0.01
  • Blackrock Gold's level of debt (11.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (134.9% vs 11.7% today).
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.

  • Blackrock Gold has less than a year of cash runway based on current free cash flow.
  • Blackrock Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 61.3% each year.
X
Financial health checks
We assess Blackrock Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Blackrock Gold has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BRC Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Blackrock Gold dividends.
If you bought CA$2,000 of Blackrock Gold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Blackrock Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Blackrock Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:BRC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Blackrock Gold has not reported any payouts.
  • Unable to verify if Blackrock Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Blackrock Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Blackrock Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Blackrock Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Blackrock Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Blackrock Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BRC Management

 What is the CEO of Blackrock Gold's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Greg Schifrin
AGE 59
TENURE AS CEO 1.3 years
CEO Bio

Mr. Gregory L. Schifrin, also known as Greg, has been the President of Silver Verde May Mining Co., Inc. since December 5, 2009 and Silver Verde May Mining Corporation since December 2007. Mr. Schifrin served as Secretary of Cyclone Uranium Corporation since March 19, 2012. He has been the CEO of Blackrock Gold Corp. since January 2018 and as its Director since April 2018. He has been the Chief Executive Officer and President at WestMountain Gold, Inc. (a/k/a, WestMountain Index Advisor, Inc) since February 28, 2011. He served as an Interim Chief Financial Officer of WestMountain Gold, Inc. from May 2014 to September 2014. He has a significant experience in the mining and mineral exploration industry. Mr. Schifrin served as the Chief Operating Officer at U.S. Rare Earths, Inc., from November 29, 2011 to December 10, 2012. He served as the President of US. Rare Earths, Inc. since February 4, 2011 and American Mining Corporation since February 2010. He served as the President and Chief Executive Officer of Terra Mining Corporation from March 2010 to February 2011. He co-founded Minex Exploration in 1985 and served as its President since its inception. Mr. Schifrin served as President of Golden Eagle Mining Co., Inc. He co-founded Selkirk Environmental, Inc., in October 1992 and managed environmental regulatory compliance, risk analysis, pollution cleanup and environmental assessment for public and private clients. From November of 2006 to December 2007, he served as the President and Chief Executive Officer of Golden Eagle Mining Corporation, where he managed corporate affairs, geological exploration, property acquisition and accounting. He served as an Acting President of U.S. Rare Earths, Inc. from February 28, 2011 to November 2011. Mr. Schifrin has worked as a geologist and manager for 28 years in mining and mineral exploration industry where he has been involved in precious, base metals and uranium exploration and development. He has provided technical services and project management for major and junior mining companies. He serves as a Director of Silver Verde May Mining Co., Inc. He has been a Director of Silver Verde May Mining Corporation since December 2007. Mr. Schifrin served as a Director of Cyclone Uranium Corporation since March 19, 2012 until December 30, 2016. He served as a Director of U.S. Rare Earths, Inc. from November 29, 2011 to December 10, 2012. He served as a Director of WestMountain Gold, Inc. (a/k/a, WestMountain Index Advisor, Inc.) from February 28, 2011 to January 2016. He served as Director of American Mining Corporation since March 2010. He is a registered geologist in Washington State. Mr. Schifrin earned a Bachelor of Science in Geology from the University of Idaho in August 1983 and performed graduate study at the University of Montana in 1992.

CEO Compensation
  • Insufficient data for Greg to compare compensation growth.
  • Insufficient data for Greg to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Blackrock Gold management team in years:

1.3
Average Tenure
  • The average tenure for the Blackrock Gold management team is less than 2 years, this suggests a new team.
Management Team

Amit Kumar

TITLE
Corporate Secretary
COMPENSATION
CA$60K
TENURE
2.9 yrs

Greg Schifrin

TITLE
CEO & Director
AGE
59
TENURE
1.3 yrs

Kevin Strong

TITLE
Chief Financial Officer
AGE
48
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the Blackrock Gold board of directors in years:

2.2
Average Tenure
52
Average Age
  • The average tenure for the Blackrock Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Deepak Malhotra

TITLE
Chairman of the Board

Greg Schifrin

TITLE
CEO & Director
AGE
59
TENURE
1.3 yrs

Henk Van Alphen

TITLE
Director
AGE
65
TENURE
2.6 yrs

Alan H. Carter

TITLE
Director
COMPENSATION
CA$25K
AGE
52
TENURE
2.6 yrs

Catalin Kilofliski

TITLE
Director
AGE
44
TENURE
2.2 yrs

John Seaberg

TITLE
Director
AGE
50
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Oct 18 Buy Deepak Malhotra Individual 23. Oct 18 23. Oct 18 1,000,000 CA$0.05 CA$50,000
25. Oct 18 Buy Gregory Schifrin Individual 23. Oct 18 23. Oct 18 200,000 CA$0.05 CA$10,000
24. Oct 18 Buy Belgravia Capital International Inc. Company 23. Oct 18 23. Oct 18 3,000,000 CA$0.05 CA$150,001
24. Oct 18 Buy Alan H. Carter Individual 23. Oct 18 23. Oct 18 500,000 CA$0.05 CA$25,000
X
Management checks
We assess Blackrock Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Blackrock Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BRC News

Simply Wall St News

Blackrock Gold Corp. (CVE:BRC) Insiders Increased Their Holdings

For example, a Columbia University study found that 'insiders are more likely to engage in open market purchases of their own company’s stock when the firm is about to reveal new agreements with customers and suppliers'. … That means that even when the share price was higher, an insider wanted to purchase shares … We generally consider it a positive if insiders have been buying on market, even above the current price.

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Why Blackrock Gold Corp's (CVE:BRC) Investor Composition Impacts Your Returns

In this article, I'm going to take a look at Blackrock Gold Corp’s (CVE:BRC) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine BRC's ownership structure in more detail.

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What You Must Know About Blackrock Gold Corp's (CVE:BRC) Major Investors

In this article, I will take a quick look at Blackrock Gold Corp’s (TSXV:BRC) recent ownership structure – an unconventional investing subject, but an important one. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Potential investors in BRC should also look at another important group of investors: private companies, with a stake of 1.37%, who are primarily invested because of strategic and capital gain interests.

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Should Your Next Investment In The Basic Materials Industry Be In Blackrock Gold Corp (CVE:BRC)?

Blackrock Gold Corp (TSXV:BRC), a CADCA$1.75M small-cap, operates in the basic materials industry which supplies materials for construction. … Below, I will examine the sector growth prospects, as well as evaluate whether Blackrock Gold is lagging or leading its competitors in the industry. … See our latest analysis for Blackrock Gold What’s the catalyst for Blackrock Gold's sector growth?

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Blackrock Gold Corp (TSXV:BRC): What Does It Mean For Your Portfolio?

BRC, with its market capitalisation of CAD CA$1.97M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … How BRC's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … This is consistent with is current beta value which also indicates high volatility.

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BRC Company Info

Description

Blackrock Gold Corp. engages in the acquisition, exploration, and development of mineral properties located in Canada and the United States. It primarily explores for gold and silver deposits. The company’s flagship project is Silver Cloud that covers an area of approximately 4,537 hectares located within north-central Nevada. The company was formerly known as Almo Capital Corp. and changed its name to Blackrock Gold Corp. in July 2016. Blackrock Gold Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada.

Details
Name: Blackrock Gold Corp.
BRC
Exchange: TSXV
Founded: 1999
CA$1,719,700
42,992,518
Website: http://WWW.blackrockgold.ca
Address: Blackrock Gold Corp.
1177 West Hastings Street,
Suite 2300,
Vancouver,
British Columbia, V6E 2K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BRC Common Shares TSX Venture Exchange CA CAD 20. Jul 2000
OTCPK BKRR.F Common Shares Pink Sheets LLC US USD 20. Jul 2000
DB AHZ Common Shares Deutsche Boerse AG DE EUR 20. Jul 2000
Number of employees
Current staff
Staff numbers
0
Blackrock Gold employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:32
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2019/02/22
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.