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Energold Drilling

TSXV:EGD
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EGD
TSXV
CA$8M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Energold Drilling Corp., together with its subsidiaries, provides drilling services primarily in Mexico, the Caribbean, rest of North America, Central America, South America, Europe, and Africa. The last earnings update was 111 days ago. More info.


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  • Energold Drilling has significant price volatility in the past 3 months.
EGD Share Price and Events
7 Day Returns
-3.2%
TSXV:EGD
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-62.5%
TSXV:EGD
-7%
CA Metals and Mining
-0.2%
CA Market
EGD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Energold Drilling (EGD) -3.2% -3.2% -6.3% -62.5% -84.7% -91.9%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • EGD underperformed the Metals and Mining industry which returned -7% over the past year.
  • EGD underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
EGD
Industry
5yr Volatility vs Market

EGD Value

 Is Energold Drilling 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 Energold Drilling. This is due to cash flow or dividend data being unavailable. The share price is CA$0.15.
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 Energold Drilling's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Energold Drilling's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:EGD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.24
TSXV:EGD Share Price ** TSXV (2019-03-15) in CAD CA$0.15
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

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

** Primary Listing of Energold Drilling.

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

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

= 0.15 ÷ -0.24

-0.62x

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

  • Energold Drilling is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Energold Drilling is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Energold Drilling's expected growth come at a high price?
Raw Data
TSXV:EGD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.62x
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 0.69x
Canada Market PEG Ratio Median Figure of 251 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 Energold Drilling, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Energold Drilling's assets?
Raw Data
TSXV:EGD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.78
TSXV:EGD Share Price * TSXV (2019-03-15) in CAD CA$0.15
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:EGD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.15 ÷ 0.78

0.19x

* Primary Listing of Energold Drilling.

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

  • Energold Drilling is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Energold Drilling'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. Energold Drilling has a total score of 1/6, 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.

EGD Future Performance

 How is Energold Drilling 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 Energold Drilling 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
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Energold Drilling expected to grow at an attractive rate?
  • Unable to compare Energold Drilling's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Energold Drilling's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Energold Drilling's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:EGD Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*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:EGD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:EGD Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:EGD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 88 -3 -13
2018-06-30 86 -5 -15
2018-03-31 80 -3 -16
2017-12-31 75 -7 -18
2017-09-30 71 -7 -16
2017-06-30 70 -5 -15
2017-03-31 68 -10 -15
2016-12-31 65 -3 -18
2016-09-30 70 -6 -26
2016-06-30 74 -3 -27
2016-03-31 79 -2 -26
2015-12-31 82 4 -24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Energold Drilling is high growth as no earnings estimate data is available.
  • Unable to determine if Energold Drilling 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:EGD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Energold Drilling Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EGD Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:EGD Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.24
2018-06-30 -0.27
2018-03-31 -0.30
2017-12-31 -0.32
2017-09-30 -0.28
2017-06-30 -0.27
2017-03-31 -0.29
2016-12-31 -0.36
2016-09-30 -0.53
2016-06-30 -0.55
2016-03-31 -0.55
2015-12-31 -0.49

*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 Energold Drilling will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Energold Drilling'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. Energold Drilling'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. Energold Drilling'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
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Future performance checks
We assess Energold Drilling'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.
Energold Drilling 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.

EGD Past Performance

  How has Energold Drilling 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 Energold Drilling'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.
  • Energold Drilling does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Energold Drilling's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Energold Drilling's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Energold Drilling'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 Energold Drilling Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EGD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 87.84 -13.14 15.16
2018-06-30 85.71 -14.65 15.53
2018-03-31 79.77 -16.49 15.25
2017-12-31 74.98 -17.60 15.26
2017-09-30 71.04 -15.54 14.38
2017-06-30 70.14 -14.79 14.11
2017-03-31 67.85 -15.14 14.70
2016-12-31 65.40 -18.38 15.57
2016-09-30 70.36 -26.18 15.43
2016-06-30 74.29 -26.71 16.11
2016-03-31 78.98 -26.49 17.18
2015-12-31 81.98 -23.62 16.84
2015-09-30 85.94 -17.61 16.30
2015-06-30 83.30 -19.17 17.64
2015-03-31 83.87 -18.47 17.13
2014-12-31 101.30 -13.59 17.64
2014-09-30 107.15 -20.17 19.02
2014-06-30 103.53 -21.88 17.42
2014-03-31 105.98 -19.09 17.17
2013-12-31 122.81 -16.99 16.48
2013-09-30 119.40 -9.77 15.78
2013-06-30 132.73 -5.17 15.76
2013-03-31 142.11 -5.96 15.38
2012-12-31 141.51 -8.65 15.18
2012-09-30 151.11 9.07 16.95
2012-06-30 168.26 19.77 17.35
2012-03-31 164.02 25.46 16.14

*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 Energold Drilling has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Energold Drilling 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 Energold Drilling improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess Energold Drilling'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.
Energold Drilling 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.

EGD Health

 How is Energold Drilling'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 Energold Drilling's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Energold Drilling is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Energold Drilling's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Energold Drilling'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 3x 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 Energold Drilling Company Filings, last reported 5 months ago.

TSXV:EGD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 42.79 24.48 6.39
2018-06-30 46.94 20.91 7.57
2018-03-31 51.83 21.36 8.99
2017-12-31 50.34 19.90 10.55
2017-09-30 55.71 20.02 9.16
2017-06-30 62.11 19.58 14.25
2017-03-31 67.53 23.46 13.44
2016-12-31 69.13 21.93 18.47
2016-09-30 75.41 21.90 17.94
2016-06-30 73.83 23.06 15.24
2016-03-31 80.04 22.44 12.27
2015-12-31 91.05 21.57 13.73
2015-09-30 101.77 19.93 15.73
2015-06-30 102.90 17.22 11.82
2015-03-31 108.70 16.39 14.66
2014-12-31 107.02 24.99 15.44
2014-09-30 112.47 19.21 15.09
2014-06-30 114.60 14.91 19.44
2014-03-31 120.93 18.80 21.06
2013-12-31 116.39 19.64 26.96
2013-09-30 125.62 14.56 27.25
2013-06-30 134.72 13.93 31.19
2013-03-31 135.40 18.31 23.12
2012-12-31 129.86 17.89 29.19
2012-09-30 134.21 15.45 28.46
2012-06-30 133.39 14.92 36.99
2012-03-31 134.21 18.76 38.02
  • Energold Drilling's level of debt (57.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (11.6% vs 57.2% 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.

  • Energold Drilling has sufficient cash runway for 1.2 years based on current free cash flow.
  • Energold Drilling has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 37.1% each year.
X
Financial health checks
We assess Energold Drilling'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. Energold Drilling 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.

EGD Dividends

 What is Energold Drilling'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 Energold Drilling dividends.
If you bought CA$2,000 of Energold Drilling 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 Energold Drilling's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Energold Drilling'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:EGD 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 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
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.

TSXV:EGD Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Energold Drilling has not reported any payouts.
  • Unable to verify if Energold Drilling's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Energold Drilling's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Energold Drilling 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.
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Income/ dividend checks
We assess Energold Drilling'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 Energold Drilling afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Energold Drilling 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.

EGD Management

 What is the CEO of Energold Drilling'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
Fred Davidson
COMPENSATION CA$488,950
TENURE AS CEO 18.2 years
CEO Bio

Mr. Frederick W. Davidson, also known as Fred, MBA, C.A., has been the Chief Executive Officer and President of Energold Drilling Corp., since January 2001. Mr. Davidson has been the Chief Executive Officer and President at IMPACT Silver Corp. (formerly, Impact Minerals International Inc.) since August 1999. He served as Chief Financial Officer and Secretary of Redhawk Resources Inc. from March 11, 2004 to August 3, 2007. Mr. Davidson served as Chief Financial Officer of Energold Drilling Corp. from June 2001 to September 2005 and served as Chief Financial Officer at IMPACT Silver Corp. until December 5, 2005. He served as Vice President of Energold Mining Ltd. from 1994 to June 2001. He has been a senior executive in the mining industry for over 30 years. He served for 10 years as Chief Financial Officer of Erickson Gold Mines Ltd. From 1984 to 1993, Mr. Davidson served as Vice President and Chief Financial Officer of TOTAL Energold Corp. He lectured at the University of British Columbia for two years. He has been Member of Advisory Board at Defiance Silver Corp. since August 2011. He has been a Director of IMPACT Silver Corp. since August 1999. He has been Executive Director of Energold Drilling Corp. since April 25, 1994. He serves as a Director several private mining companies. He serves as a Director of Wheaton River Minerals and Plexis Resources. He served as Director of Redhawk Resources Inc. since March 11, 2004. He holds an MBA degree from the University of British Columbia. Mr. Davidson is a Chartered Accountant with the accounting firm Price Waterhouse in 1972.

CEO Compensation
  • Fred's compensation has increased whilst company is loss making.
  • Fred's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Energold Drilling management team in years:

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

Fred Davidson

TITLE
CEO, President & Executive Director
COMPENSATION
CA$489K
TENURE
18.2 yrs

Brian Bertram

TITLE
President of Bertram Drilling Corp
COMPENSATION
CA$219K
AGE
58

Ken Hamel

TITLE
President of Cros-Man Direct Underground Ltd.
COMPENSATION
CA$988K

Darrell Bertram

TITLE
Vice President of Operations of Bertram Drilling Corp
COMPENSATION
CA$219K

Jerry Huang

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Richard Thomas

TITLE
Managing Director of Energold Drilling (EMEA) Ltd
TENURE
2.1 yrs

Ken Brew

TITLE
President of Bertram Drilling Inc

Graeme Austin

TITLE
Corporate Secretary
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Energold Drilling board of directors in years:

18.6
Average Tenure
72.5
Average Age
  • The average tenure for the Energold Drilling board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jim Coleman

TITLE
Chairman
COMPENSATION
CA$90K
AGE
67
TENURE
14.8 yrs

Fred Davidson

TITLE
CEO, President & Executive Director
COMPENSATION
CA$489K
TENURE
24.9 yrs

Wayne Lenton

TITLE
Independent Director
COMPENSATION
CA$50K
AGE
79
TENURE
22.5 yrs

Mike Beley

TITLE
Independent Director
COMPENSATION
CA$52K
AGE
78
TENURE
22.6 yrs

Mark Corra

TITLE
Independent Director
COMPENSATION
CA$48K
AGE
62
TENURE
4.8 yrs

Alastair McBain

TITLE
Director
TENURE
0.8 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$) Value (CA$)
30. Aug 18 Buy Frederick Davidson Individual 30. Aug 18 30. Aug 18 5,000 CA$0.30 CA$1,500
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Management checks
We assess Energold Drilling'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. Energold Drilling 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.

EGD News

Simply Wall St News

Did Changing Sentiment Drive Energold Drilling's Share Price Down A Painful 91%?

Over the last month the Energold Drilling Corp. … Given that Energold Drilling didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Over half a decade Energold Drilling reduced its trailing twelve month revenue by 9.5% for each year.

Simply Wall St -

Is Energold Drilling Corp's (CVE:EGD) Balance Sheet A Threat To Its Future?

Investors are always looking for growth in small-cap stocks like Energold Drilling Corp (CVE:EGD), with a market cap of CA$13m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Energold Drilling Corp (CVE:EGD)?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … To use beta as an investor, you must first understand that the overall market has a beta of one. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Is Energold Drilling Corp (CVE:EGD) Overpaying Its CEO?

According to our data, Energold Drilling Corp has a market capitalization of CA$13m, and pays its CEO total annual compensation worth CA$489k. … We examined a group of similar sized companies, with market capitalizations of below CA$259m. … Thus we can conclude that Fred Davidson receives more in total compensation than the median of a group of companies in the same market, and of similar size to Energold Drilling Corp

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Do You Know Who Else Invests In Energold Drilling Corp (CVE:EGD)?

Every investor in Energold Drilling Corp (CVE:EGD) should be aware of the most powerful shareholder groups. … Taking a look at the our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about EGD

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What You Must Know About Energold Drilling Corp's (CVE:EGD) Financial Strength

Energold Drilling Corp (CVE:EGD) is a small-cap stock with a market capitalization of CA$17.50m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Are Energold Drilling Corp's (CVE:EGD) Interest Costs Too High?

While small-cap stocks, such as Energold Drilling Corp (CVE:EGD) with its market cap of CA$20.78m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

EGD Company Info

Description

Energold Drilling Corp., together with its subsidiaries, provides drilling services primarily in Mexico, the Caribbean, rest of North America, Central America, South America, Europe, and Africa. The company operates through three segments: Minerals, Energy, and Manufacturing. It offers mineral drilling services, including surface and underground drilling, and conventional drilling services; and oil sands coring, shot hole seismic, and geothermal and geotechnical drilling services, as well as water well drilling services, such as mine pit de-watering, mine water supply, mine hydrogeological characterization and well monitoring, and rural and urban water well drilling schemes, as well as offers horizontal directional drilling services. The company also designs and manufactures customized mineral exploration multipurpose rigs for reverse-air-blast drilling, wireline coring, conventional coring, and reverse-circulation drilling; geothermal, geotechnical, and water well rig applications; tools and consumables; borehole logging equipment; and mud conditioning equipment. It operates a fleet of approximately 270 drill rigs. The company is headquartered in Vancouver, Canada.

Details
Name: Energold Drilling Corp.
EGD
Exchange: TSXV
Founded:
CA$8,201,990
54,679,938
Website: http://www.energold.com
Address: Energold Drilling Corp.
543 Granville Street,
Suite 1100,
Vancouver,
British Columbia, V6C 1X8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV EGD Common Shares TSX Venture Exchange CA CAD 16. Sep 1988
OTCPK EGDF.F Common Shares Pink Sheets LLC US USD 16. Sep 1988
DB X9X Common Shares Deutsche Boerse AG DE EUR 16. Sep 1988
Number of employees
Current staff
Staff numbers
600
Energold Drilling employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:57
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2017/04/04
Last earnings filing: 2018/11/26
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.