Ely Gold Royalties Inc., an exploration stage natural resource company, engages in the evaluation, acquisition, exploration, and development of natural resource projects in North America.
The last earnings update was 110 days ago.
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
Ely Gold Royalties. 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
Ely Gold Royalties's
is considered below, and whether this is a fair price.
Price based on past earnings
Ely Gold Royalties'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 Ely Gold Royalties 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
Ely Gold Royalties
expected to grow at an
Unable to compare Ely Gold Royalties's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Ely Gold Royalties's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Ely Gold Royalties's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Ely Gold Royalties is high growth as no earnings estimate data is available.
Unable to determine if Ely Gold Royalties 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.
Ely Gold Royalties'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.
Ely Gold Royalties
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Ely Gold Royalties's finances.
The net worth of a company is the difference between its assets and liabilities.
Ely Gold Royalties is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Ely Gold Royalties has no long term commitments.
This treemap shows a more detailed breakdown of
Ely Gold Royalties'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
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 17.3x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. C. F. Wasser, also known as Trey, III has been the Chief Executive Officer and President of Ely Gold & Minerals Inc. since October 20, 2010. Mr. Wasser serves as the President and Director of Research for Pilot Point Partners. He serves as Senior Vice President - Investments for EVEREN Securities, Inc. in Minneapolis, Minnesota since October 1995. In 1993, he formed III-D Capital LLC to assist early staged companies developing business plans and securing venture capital financing. Mr. Wasser served as an Executive Vice President of Corporate Development at Ely Gold & Minerals Inc. until October 22, 2010. He has an extensive experience in the gold mining sector as fund raisers and developers. He has experience in the brokerage and venture capital business. He spent 20 years as a bond salesman and trader with Merrill Lynch, Kidder Peabody and Paine Webber. He is involved in various consulting and finance activities for mining companies and consults with FINRA and other regulatory agencies on a pro-bono basis. He specialized in corporate cash management and his clientele included many Fortune 100 companies and institutional money managers. Mr. Wasser served as Senior Vice President of Sales of Kidder Peabody & Co., Inc. in Minneapolis, Minnesota from December 1982 to January 1993. He served as a Senior Vice President of Paine Webber in Wayzata, Minnesota from January 1993 to October 1995. He has been Director of Taku Gold Corp since December 2017. He has been Director of Ely Gold & Minerals Inc. since June 1, 2010. Mr. Wasser served as a Director of Barringer Laboratories, Inc. since 1991.
Trey's compensation has increased whilst company is loss making.
Trey's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
Ely Gold Royalties
management team in years:
The average tenure for the Ely Gold Royalties management team is over 5 years, this suggests they are a seasoned and experienced team.
CFO & Corporate Secretary
COO & Senior VP of Operations
Board of Directors Tenure
Average tenure and age of the
Ely Gold Royalties
board of directors in years:
The tenure for the Ely Gold Royalties board of directors is about average.
Board of Directors
Member of Advisory Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Ely Gold Royalties insiders in the past 3 months, but not in substantial volumes.
Who Are Ely Gold Royalties Inc's (CVE:ELY) Major Shareholders?
In this article, I will take a quick look at Ely Gold Royalties Inc’s (CVE:ELY) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.
Does Ely Gold Royalties Inc's (CVE:ELY) CEO Pay Matter?
Trey Wasser took the helm as Ely Gold Royalties Inc's (CVE:ELY) CEO and grew market cap to CA$8.70m recently. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … Check out our latest analysis for Ely Gold Royalties
Should You Be Concerned About Ely Gold & Minerals Inc's (TSXV:ELY) Risks?
Based on this beta value, ELY appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … ELY, with its market capitalisation of CAD CA$7.60M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … Thus, we can expect ELY to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books.
Ely Gold Royalties Inc., an exploration stage natural resource company, engages in the evaluation, acquisition, exploration, and development of natural resource projects in North America. It primarily explores for gold and precious metal deposits. Ely Gold Royalties Inc. has a portfolio of 22 deeded royalties and 19 optioned properties. It owns a 100% interest in 26 precious metals properties in Nevada. The company was formerly known as Ely Gold & Minerals Inc. and changed its name to Ely Gold Royalties Inc. in November 2017. Ely Gold Royalties Inc. was incorporated in 1996 and is headquartered in Vancouver, Canada.
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