TSXV:F

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Executive Summary

Fiore Gold Ltd. operates as a gold production and development company in the Americas. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Fiore Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.9%

F

-1.5%

CA Metals and Mining

-0.4%

CA Market


1 Year Return

323.4%

F

49.1%

CA Metals and Mining

-3.9%

CA Market

Return vs Industry: F exceeded the Canadian Metals and Mining industry which returned 49.1% over the past year.

Return vs Market: F exceeded the Canadian Market which returned -3.9% over the past year.


Shareholder returns

FIndustryMarket
7 Day1.9%-1.5%-0.4%
30 Day8.7%1.3%3.1%
90 Day19.0%-3.9%2.4%
1 Year323.4%323.4%50.3%49.1%-0.4%-3.9%
3 Year123.3%123.3%54.6%51.5%6.7%-3.8%
5 Yearn/a131.2%124.7%35.5%14.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Fiore Gold undervalued compared to its fair value and its price relative to the market?

13.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: F (CA$1.63) is trading above our estimate of fair value (CA$1.04)

Significantly Below Fair Value: F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: F is good value based on its PE Ratio (13.9x) compared to the CA Metals and Mining industry average (21.6x).

PE vs Market: F is good value based on its PE Ratio (13.9x) compared to the Canadian market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: F is good value based on its PB Ratio (2.5x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is Fiore Gold forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

19.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if F's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if F'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: F's revenue (19.4% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: F's revenue (19.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Fiore Gold performed over the past 5 years?

85.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: F has high quality earnings.

Growing Profit Margin: F's current net profit margins (13.1%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: F has become profitable over the past 5 years, growing earnings by 85.5% per year.

Accelerating Growth: F's earnings growth over the past year (266.7%) exceeds its 5-year average (85.5% per year).

Earnings vs Industry: F earnings growth over the past year (266.7%) exceeded the Metals and Mining industry 56.4%.


Return on Equity

High ROE: F's Return on Equity (18.2%) is considered low.


Next Steps

Financial Health

How is Fiore Gold's financial position?


Financial Position Analysis

Short Term Liabilities: F's short term assets ($42.8M) exceed its short term liabilities ($8.7M).

Long Term Liabilities: F's short term assets ($42.8M) exceed its long term liabilities ($11.3M).


Debt to Equity History and Analysis

Debt Level: F is debt free.

Reducing Debt: F has not had any debt for past 5 years.

Debt Coverage: F has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: F has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Fiore Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate F'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 F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if F'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 F'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?

2.8yrs

Average management tenure


CEO

Tim Warman (55 yo)

3.08yrs

Tenure

US$495,529

Compensation

Mr. Timothy Andrew Warman, also known as Tim, M.Sc, P.Geo. has been the Chief Executive Officer of Fiore Exploration Ltd. since July 12, 2016. Mr. Warman served as President of Dalradian Resources Inc. fro ...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD495.53K) is above average for companies of similar size in the Canadian market ($USD171.35K).

Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Warman
CEO & Executive Director3.08yrsUS$495.53k0.27%
$ 438.9k
Barry O'Shea
Chief Financial Officer2.42yrsUS$300.00k0.12%
$ 195.6k
John MacLean
Chief Operating Officer2.75yrsUS$496.20k0.20%
$ 326.1k
James Wilbourn
VP, General Counsel & Corporate Secretaryno dataUS$293.82k0.061%
$ 97.8k
Kenneth Brunk
Technical Advisor & Non-Independent Director3.08yrsUS$5.94k3.04%
$ 4.9m

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: F's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Warman
CEO & Executive Director3.08yrsUS$495.53k0.27%
$ 438.9k
Kenneth Brunk
Technical Advisor & Non-Independent Director3.08yrsUS$5.94k3.04%
$ 4.9m
Matthew Manson
Independent Director3.08yrsUS$33.94kno data
Mark Bailey
Independent Non-Executive Chairmanno dataUS$35.94kno data
Peter Tallman
Independent Director3.08yrsUS$30.94k0.017%
$ 28.1k
Peter Hemstead
Director2.83yrsUS$34.94kno data
Anne Marie Labelle
Independent Director3.08yrsUS$36.94kno data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Board: F's board of directors are considered experienced (3.1 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fiore Gold Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fiore Gold Ltd.
  • Ticker: F
  • Exchange: TSXV
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$160.622m
  • Shares outstanding: 98.54m
  • Website: https://fioregold.com

Location

  • Fiore Gold Ltd.
  • 120 Adelaide Street West
  • Suite 1410
  • Toronto
  • Ontario
  • M5H 1T1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTSXV (TSX Venture Exchange)YesNew Common SharesCACADSep 2017
FIOG.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDSep 2017
2FODB (Deutsche Boerse AG)YesNew Common SharesDEEURSep 2017

Biography

Fiore Gold Ltd. operates as a gold production and development company in the Americas. The company’s projects include the Pan Mine, an open pit, heap leach mine in White Pine County, Nevada; the Gold Rock ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 00:42
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
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.