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. More Details
Snowflake Analysis
Flawless balance sheet with limited growth.
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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: ELY's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
16.8%
ELY
5.0%
CA Metals and Mining
0.04%
CA Market
1 Year Return
228.9%
ELY
40.9%
CA Metals and Mining
1.3%
CA Market
Return vs Industry: ELY exceeded the Canadian Metals and Mining industry which returned 39.3% over the past year.
Return vs Market: ELY exceeded the Canadian Market which returned 0.7% over the past year.
Shareholder returns
| ELY | Industry | Market | |
|---|---|---|---|
| 7 Day | 16.8% | 5.0% | 0.04% |
| 30 Day | 2.5% | -3.1% | 10.9% |
| 90 Day | -9.4% | -8.1% | 7.2% |
| 1 Year | 228.9%228.9% | 42.1%40.9% | 5.0%1.3% |
| 3 Year | 1,215.8%1,215.8% | 52.5%49.2% | 13.5%2.4% |
| 5 Year | 2,400.0%2,400.0% | 150.6%143.0% | 54.2%30.5% |
Long-Term 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
3 days ago | Simply Wall St
How Much Of Ely Gold Royalties Inc. (CVE:ELY) Do Insiders Own?3 months ago | Simply Wall St
We're Hopeful That Ely Gold Royalties (CVE:ELY) Will Use Its Cash Wisely6 months ago | Simply Wall St
Eric Sprott of Ely Gold Royalties Inc. (CVE:ELY) Just Spent CA$8.0m On SharesValuation
Is Ely Gold Royalties undervalued compared to its fair value and its price relative to the market?
4.82x
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 CA 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 (4.8x) compared to the CA Metals and Mining industry average (2.7x).
Next Steps
Future Growth
How is Ely Gold Royalties forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
26.9%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ELY's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if ELY's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ELY's revenue (26.9% per year) is forecast to grow faster than the Canadian market (6.2% per year).
High Growth Revenue: ELY's revenue (26.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ELY's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Ely Gold Royalties performed over the past 5 years?
-63.6%
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 63.6% 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 (93.2%).
Return on Equity
High ROE: ELY has a negative Return on Equity (-14.02%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ely Gold Royalties's financial position?
Financial Position Analysis
Short Term Liabilities: ELY's short term assets (CA$14.2M) exceed its short term liabilities (CA$419.9K).
Long Term Liabilities: ELY's short term assets (CA$14.2M) exceed its long term liabilities (CA$139.5K).
Debt to Equity History and Analysis
Debt Level: ELY is debt free.
Reducing Debt: ELY had no debt 5 years ago.
Balance Sheet
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ELY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 25.4% each year
Next Steps
Dividend
What is Ely Gold Royalties's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ELY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ELY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Trey Wasser (68 yo)
10.17yrs
Tenure
CA$312,278
Compensation
Mr. C. F. Wasser, also known as Trey, III has been the Chief Executive Officer and President of Ely Gold & Minerals Inc. since October 20, 2010. Mr. Wasser serves as the President and Director of Research ...
CEO Compensation Analysis
Compensation vs Market: Trey's total compensation ($USD241.37K) is below average for companies of similar size in the Canadian market ($USD582.63K).
Compensation vs Earnings: Trey's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.17yrs | CA$312.28k | 0.82% CA$ 2.0m | |
| Chief Financial Officer | 1.5yrs | CA$42.10k | no data | |
| Corporate Secretary | 10.17yrs | CA$72.98k | 0.77% CA$ 1.8m | |
| COO & Senior VP of Operations | 11.5yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
5.8yrs
Average Tenure
65yo
Average Age
Experienced Management: ELY's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.17yrs | CA$312.28k | 0.82% CA$ 2.0m | |
| Corporate Secretary | 10.17yrs | CA$72.98k | 0.77% CA$ 1.8m | |
| Independent Director | 3.5yrs | no data | 0.035% CA$ 84.0k | |
| Member of Advisory Board | 12.75yrs | no data | no data | |
| Independent Director | 20.67yrs | no data | 0.49% CA$ 1.2m | |
| Independent Director | 5.08yrs | CA$12.00k | 0.50% CA$ 1.2m |
10.3yrs
Average Tenure
60.5yo
Average Age
Experienced Board: ELY's board of directors are seasoned and experienced ( 10.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ELY 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 substantially diluted in the past year, with total shares outstanding growing by 98.8%.
Top Shareholders
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$238.982m
- Shares outstanding: 199.15m
- 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 | 2020/12/02 23:49 |
| End of Day Share Price | 2020/12/02 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.