TSXV:EGM

Stock Analysis Report

Executive Summary

EnGold Mines Ltd. explores and evaluates mineral properties in Canada.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has EnGold Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EGM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

EGM

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

-65.0%

EGM

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: EGM underperformed the Canadian Metals and Mining industry which returned 4.9% over the past year.

Return vs Market: EGM underperformed the Canadian Market which returned 0.5% over the past year.


Shareholder returns

EGMIndustryMarket
7 Day0%-1.5%-3.8%
30 Day-22.2%3.2%-2.0%
90 Day-53.3%10.2%-0.3%
1 Year-65.0%-65.0%5.6%4.9%3.7%0.5%
3 Year-90.3%-90.3%-1.9%-3.6%13.6%3.4%
5 Year-30.0%-30.0%28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

How volatile is EnGold Mines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is EnGold Mines undervalued compared to its fair value and its price relative to the market?

3.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EGM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EGM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EGM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: EGM 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 EGM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EGM is overvalued based on its PB Ratio (3.3x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is EnGold Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

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 EnGold Mines 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.


Next Steps

Past Performance

How has EnGold Mines performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EGM is currently unprofitable.

Growing Profit Margin: EGM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EGM is unprofitable, and losses have increased over the past 5 years at a rate of -40.1% per year.

Accelerating Growth: Unable to compare EGM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EGM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: EGM has a negative Return on Equity (-78.36%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is EnGold Mines's financial position?


Financial Position Analysis

Short Term Liabilities: EGM's short term assets (CA$138.8K) do not cover its short term liabilities (CA$637.6K).

Long Term Liabilities: EGM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: EGM is debt free.

Reducing Debt: EGM has no debt compared to 5 years ago when its debt to equity ratio was 2.7%.


Balance Sheet

Inventory Level: EGM has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EGM's debt is covered by short term assets.


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: EGM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EGM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -39% each year


Next Steps

Dividend

What is EnGold Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EGM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EGM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EGM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EGM'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 EGM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

David Brett (58yo)

5.3yrs

Tenure

CA$241,400

Compensation

Mr. David Howe Brett, M.B.A. serves as President at Pacific Bay Minerals Ltd and has been its Director since January 1,1995. He has 30 years of experience in the mining industry and public company manageme ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD181.66K) is about average for companies of similar size in the Canadian market ($USD155.12K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
David Brett
CEO, President & Director5.3yrsCA$241.40k0.16% CA$12.6k
Alastair Brownlow
Chief Financial Officer2.5yrsCA$77.97kno data
Robert B. Shives
Vice President of Exploration0yrsCA$243.81kno data
Dale Reimer
Director15.3yrsCA$72.48k0.045% CA$3.5k

5.3yrs

Average Tenure

Experienced Management: EGM's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Brett
CEO, President & Director5.3yrsCA$241.40k0.16% CA$12.6k
Dale Reimer
Director15.3yrsCA$72.48k0.045% CA$3.5k
Robert Gordon
Independent Director4.8yrsCA$72.48k0.37% CA$28.6k
John Brown
Independent Director8.9yrsno data1.97% CA$153.7k
Rolf van Driesum
Chairman of the Board4.8yrsCA$72.48k2.95% CA$230.2k
Ken Gebauer
Member of Advisory Board3.8yrsno datano data
Brian Aitken
Member of Advisory Board3.8yrsno datano data
Emily Cheung
Member of Advisory Board3.8yrsno datano data
Dennis Allsopp
Member of Advisory Board3.8yrsno datano data

4.8yrs

Average Tenure

Experienced Board: EGM's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EGM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.


Top Shareholders

Company Information

EnGold Mines Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EnGold Mines Ltd.
  • Ticker: EGM
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$7.791m
  • Shares outstanding: 222.61m
  • Website: https://www.engold.ca

Location

  • EnGold Mines Ltd.
  • 120 – 601 West Cordova Street
  • Vancouver
  • British Columbia
  • V6B 1G1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EGMTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1989
L9WDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 1989
GWRR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1989

Biography

EnGold Mines Ltd. explores and evaluates mineral properties in Canada. The company explores for gold, copper, silver, molybdenum, and magnetite deposits. It owns a 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc. and changed its name to Engold Mines Limited in May 2016. EnGold Mines Ltd. is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 23:47
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
Annual Earnings2019/09/30


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.