Executive Summary
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.
Risk Analysis
Earnings have declined by -31.32% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Ely Gold Royalties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.9%
ELY
-0.2%
CA Metals and Mining
0.4%
CA Market
1 Year Return
243.5%
ELY
22.8%
CA Metals and Mining
11.0%
CA Market
Return vs Industry: ELY exceeded the Canadian Metals and Mining industry which returned 22.8% over the past year.
Return vs Market: ELY exceeded the Canadian Market which returned 11% over the past year.
Shareholder returns
| ELY | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.9% | -0.2% | 0.4% |
| 30 Day | -1.3% | 3.5% | 0.01% |
| 90 Day | 16.2% | -0.6% | 0.9% |
| 1 Year | 243.5%243.5% | 23.8%22.8% | 14.7%11.0% |
| 3 Year | 125.7%125.7% | 7.6%5.6% | 15.1%4.6% |
| 5 Year | 393.8%393.8% | 41.3%36.8% | 37.8%17.4% |
Price Volatility Vs. Market
How volatile is Ely Gold Royalties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Investors Who Bought Ely Gold Royalties (CVE:ELY) Shares Five Years Ago Are Now Up 533%2 months ago | Simply Wall St
We're Not Very Worried About Ely Gold Royalties's (CVE:ELY) Cash Burn Rate6 months ago | Simply Wall St
Should You Be Worried About Insider Transactions At Ely Gold Royalties Inc. (CVE:ELY)?Valuation
Is Ely Gold Royalties undervalued compared to its fair value and its price relative to the market?
6.79x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ELY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ELY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ELY is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ELY 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 ELY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ELY is overvalued based on its PB Ratio (6.8x) compared to the CA Metals and Mining industry average (1.3x).
Next Steps
Future Growth
How is Ely Gold Royalties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.3%
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 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 SimplyWall St do have past financial data.
Next Steps
- Examine Ely Gold Royalties'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.
- Ely Gold Royalties competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Ely Gold Royalties performed over the past 5 years?
-31.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELY is currently unprofitable.
Growing Profit Margin: ELY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ELY is unprofitable, and losses have increased over the past 5 years at a rate of -31.3% per year.
Accelerating Growth: Unable to compare ELY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ELY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (4.1%).
Return on Equity
High ROE: ELY has a negative Return on Equity (-30.37%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Ely Gold Royalties's financial position?
Financial Position Analysis
Short Term Liabilities: ELY's short term assets (CA$3.5M) exceed its short term liabilities (CA$456.1K).
Long Term Liabilities: ELY's short term assets (CA$3.5M) exceed its long term liabilities (CA$295.0K).
Debt to Equity History and Analysis
Debt Level: ELY is debt free.
Reducing Debt: ELY had no debt 5 years ago.
Balance Sheet
Inventory Level: ELY has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ELY'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: ELY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ELY has less than a year of cash runway if free cash flow continues to reduce at historical rates of -6.8% each year
Next Steps
Dividend
What is Ely Gold Royalties's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ELY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ELY'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 ELY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ELY'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 ELY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
What is the CEO of Ely Gold Royalties's salary, the management and board of directors tenure and is there insider trading?
4.8yrs
Average management tenure
CEO
Trey Wasser (67yo)
9.2yrs
Tenure
CA$194,011
Compensation
Mr. C. F. Wasser, also known as Trey, III has been the Chief Executive Officer and President of Ely Gold & Minerals Inc. since October 20, 2010. Mr. Wasser serves as the President and Director of Research  ...
CEO Compensation Analysis
Compensation vs Market: Trey's total compensation ($USD146.65K) is about average for companies of similar size in the Canadian market ($USD170.35K).
Compensation vs Earnings: Trey's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.8yrs
Average Tenure
64yo
Average Age
Experienced Management: ELY's management team is considered experienced (4.8 years average tenure).
Board Age and Tenure
9.3yrs
Average Tenure
59.5yo
Average Age
Experienced Board: ELY's board of directors are considered experienced (9.3 years average tenure).
Insider Trading
Insider Buying: ELY insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Corporate Secretary |
| Shares | 25,000 |
| Max Price | CA$0.38 |
| Entity | Company |
| Shares | 35,000 |
| Max Price | CA$0.43 |
| Entity | Company |
| Shares | 80,000 |
| Max Price | CA$0.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 100,000 |
| Max Price | CA$0.11 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.2%.
Management Team
Robert Carrington (64yo)
COO & Senior VP of Operations
- Tenure: 10.5yrs
Trey Wasser (67yo)
President
- Tenure: 9.2yrs
- Compensation: CA$194.01k
Steve Kenwood (59yo)
Corporate Secretary
- Tenure: 9.2yrs
- Compensation: CA$60.00k
Joanne Jobin
Investor Relations Officer
- Tenure: 0yrs
Xavier Wenzel
Chief Financial Officer
- Tenure: 0.5yrs
Board Members
Bill Sheriff (60yo)
Independent Director
- Tenure: 2.5yrs
Trey Wasser (67yo)
President
- Tenure: 9.2yrs
- Compensation: CA$194.01k
Steve Kenwood (59yo)
Corporate Secretary
- Tenure: 9.2yrs
- Compensation: CA$60.00k
Clancy Wendt (80yo)
Member of Advisory Board
- Tenure: 11.8yrs
Ron Husband (53yo)
Independent Director
- Tenure: 19.7yrs
Tom Wharton (57yo)
Independent Director
- Tenure: 4.1yrs
Company Information
Ely Gold Royalties Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ely Gold Royalties Inc.
- Ticker: ELY
- Exchange: TSXV
- Founded: 1996
- Industry: Gold
- Sector: Materials
- Market Cap: CA$39.577m
- Shares outstanding: 100.20m
- Website: https://www.elygoldinc.com
Location
- Ely Gold Royalties Inc.
- 595 Burrard Street
- Suite 2833
- Vancouver
- British Columbia
- V7X 1K8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| I4U | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 1996 |
| ELY | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Oct 1996 |
| ELYG.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Oct 1996 |
Biography
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 expl ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 00:33 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.