Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland.
+ 1 more risk
Mediocre balance sheet and overvalued.
Share Price & News
How has Galantas Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GAL has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GAL underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.
Return vs Market: GAL underperformed the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Galantas Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StIs Galantas Gold Corporation (CVE:GAL) Overpaying Its CEO?
6 months ago | Simply Wall StUpdate: Galantas Gold (CVE:GAL) Stock Gained 56% In The Last Five Years
7 months ago | Simply Wall StIs Galantas Gold Corporation's (CVE:GAL) CEO Paid At A Competitive Rate?
Is Galantas Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GAL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GAL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GAL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GAL 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 GAL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GAL is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.5x).
How is Galantas Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Galantas Gold 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.
- Take a look at our analysis of GAL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Galantas Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Galantas Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GAL is currently unprofitable.
Growing Profit Margin: GAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GAL is unprofitable, but has reduced losses over the past 5 years at a rate of 12.3% per year.
Accelerating Growth: Unable to compare GAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GAL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: GAL has a negative Return on Equity (-23.26%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Galantas Gold's financial position?
Financial Position Analysis
Short Term Liabilities: GAL's short term assets (CA$1.8M) do not cover its short term liabilities (CA$6.9M).
Long Term Liabilities: GAL's short term assets (CA$1.8M) exceed its long term liabilities (CA$1.6M).
Debt to Equity History and Analysis
Debt Level: GAL's debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: GAL's debt to equity ratio has reduced from 39.2% to 30.8% over the past 5 years.
Inventory Level: GAL has a high level of physical assets or inventory.
Debt Coverage by Assets: GAL's debt is not covered by short term assets (assets are 0.4x debt).
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: GAL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27% each year
What is Galantas Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GAL'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 GAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GAL'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 GAL's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roland Phelps 0
Mr. Roland Phelps, C.Eng MIMMM has been the President of Galantas Gold Corp. since February 17, 2003 and its Chief Executive Officer since February 17, 2003. Mr. Phelps serves as Managing director of Welsh ...
CEO Compensation Analysis
Compensation vs Market: Roland's total compensation ($USD273.20K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Roland's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||11.3yrs||CA$82.80k||0.099% CA$6.4k|
|Corporate Secretary||0yrs||no data||0.012% CA$800.3|
|Investor Relations Consultant||8.8yrs||no data||no data|
Experienced Management: GAL's management team is seasoned and experienced (11.3 years average tenure).
|Independent Director||18.7yrs||CA$10.21k||0.0062% CA$400.1|
|Independent Non-Executive Director||23.4yrs||CA$9.21k||0.044% CA$2.8k|
|Independent Non Executive Director||18.7yrs||CA$11.71k||0.011% CA$736.9|
|Non-Executive Director||0.7yrs||no data||no data|
|Non-Executive Chairperson||0.7yrs||CA$1.50k||0.15% CA$10.0k|
Experienced Board: GAL's board of directors are seasoned and experienced ( 17.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 56%.
Galantas Gold Corporation's company bio, employee growth, exchange listings and data sources
- Name: Galantas Gold Corporation
- Ticker: GAL
- Exchange: TSXV
- Founded: 1996
- Industry: Gold
- Sector: Materials
- Market Cap: CA$6.464m
- Shares outstanding: 323.22m
- Website: https://www.galantas.com
Number of Employees
- Galantas Gold Corporation
- 82 Richmond Street East
- M5C 1P1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GAL||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Oct 2000|
|GAL||AIM (London Stock Exchange AIM Market)||Yes||Common Shares||GB||GBP||Oct 2000|
|GALK.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Oct 2000|
Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It owns and operates a producing open pit gold mine near Omagh. It also produces silver and lead. The company was formerly known as European Gold Resources Inc. and changed its name to Galantas Gold Corporation in May 2004. Galantas Gold Corporation was founded in 1996 and is based in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 23:55|
|End of Day Share Price||2020/02/12 00:00|
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.