Loading...

Great Bear Resources

TSXV:GBR
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GBR
TSXV
CA$112M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Great Bear Resources Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada. The last earnings update was 110 days ago. More info.


Add to Portfolio Compare Print
  • Great Bear Resources has significant price volatility in the past 3 months.
GBR Share Price and Events
7 Day Returns
11.4%
TSXV:GBR
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
484.6%
TSXV:GBR
-7.9%
CA Metals and Mining
-0.1%
CA Market
GBR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Great Bear Resources (GBR) 11.4% -20.2% 48.3% 484.6% 1637.1% 334.3%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • GBR outperformed the Metals and Mining industry which returned -7.9% over the past year.
  • GBR outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
GBR
Industry
5yr Volatility vs Market

Value

 Is Great Bear Resources undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Great Bear Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$3.04.
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 Great Bear Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Great Bear Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:GBR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.15
TSXV:GBR Share Price ** TSXV (2019-03-18) in CAD CA$3.04
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Great Bear Resources.

TSXV:GBR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:GBR Share Price ÷ EPS (both in CAD)

= 3.04 ÷ -0.15

-19.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Great Bear Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Great Bear Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Great Bear Resources's expected growth come at a high price?
Raw Data
TSXV:GBR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Great Bear Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Great Bear Resources's assets?
Raw Data
TSXV:GBR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.43
TSXV:GBR Share Price * TSXV (2019-03-18) in CAD CA$3.04
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:GBR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:GBR Share Price ÷ Book Value per Share (both in CAD)

= 3.04 ÷ 0.43

7.1x

* Primary Listing of Great Bear Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Great Bear Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Great Bear Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Great Bear Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Great Bear Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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 Great Bear Resources 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 growth 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 it right!
Annual Growth Rate
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Great Bear Resources expected to grow at an attractive rate?
  • Unable to compare Great Bear Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Great Bear Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Great Bear Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:GBR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:GBR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:GBR Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 -3
2018-12-31 -2
TSXV:GBR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -3
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 0 -1
2016-12-31 0 -1
2016-09-30 0 -1
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Great Bear Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Great Bear Resources 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.
Raw Data
TSXV:GBR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Great Bear Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GBR Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31
2018-12-31
TSXV:GBR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.15
2018-06-30 -0.06
2018-03-31 -0.06
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.06
2017-03-31 -0.09
2016-12-31 -0.09
2016-09-30 -0.12
2016-06-30 -0.09
2016-03-31 -0.08
2015-12-31 -0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Great Bear Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Great Bear Resources'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.
  2. Great Bear Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Great Bear Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Great Bear Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Great Bear Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Great Bear Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Great Bear Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Great Bear Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Great Bear Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Great Bear Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Great Bear Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Great Bear Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GBR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -3.35 3.51
2018-06-30 -0.96 1.01
2018-03-31 -0.94 0.93
2017-12-31 -0.54 0.50
2017-09-30 -0.51 0.49
2017-06-30 -0.67 0.67
2017-03-31 -0.69 0.61
2016-12-31 -0.66 0.58
2016-09-30 -0.61 0.48
2016-06-30 -0.38 0.23
2016-03-31 -0.31 0.24
2015-12-31 -0.33 0.27
2015-09-30 -6.63 0.28
2015-06-30 -6.68 0.33
2015-03-31 -6.72 0.37
2014-12-31 -6.48 0.41
2014-09-30 -0.18 0.44
2014-06-30 -0.18 0.44
2014-03-31 -0.18 0.42
2013-12-31 -0.43 0.40
2013-09-30 -0.43 0.38
2013-06-30 -1.81 0.41
2013-03-31 -2.52 0.43
2012-12-31 -2.54 0.44
2012-09-30 -2.54 0.46
2012-06-30 -1.40 0.68
2012-03-31 -0.72 0.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Great Bear Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Great Bear Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Great Bear Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Great Bear Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Great Bear Resources 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Great Bear Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Great Bear Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Great Bear Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Great Bear Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Great Bear Resources'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Great Bear Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Great Bear Resources Company Filings, last reported 5 months ago.

TSXV:GBR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 15.13 0.00 12.19
2018-06-30 4.45 0.00 2.83
2018-03-31 2.76 0.00 1.65
2017-12-31 2.23 0.00 1.18
2017-09-30 1.76 0.00 0.73
2017-06-30 1.27 0.00 0.42
2017-03-31 1.37 0.00 0.65
2016-12-31 1.46 0.00 0.77
2016-09-30 1.65 0.00 1.14
2016-06-30 0.53 0.00 0.17
2016-03-31 0.50 0.00 0.03
2015-12-31 0.55 0.00 0.08
2015-09-30 0.66 0.00 0.17
2015-06-30 0.62 0.00 0.12
2015-03-31 0.68 0.00 0.21
2014-12-31 0.76 0.00 0.31
2014-09-30 7.13 0.00 0.44
2014-06-30 7.24 0.00 0.73
2014-03-31 7.32 0.00 1.09
2013-12-31 7.13 0.00 1.24
2013-09-30 7.24 0.00 1.44
2013-06-30 6.84 0.00 1.19
2013-03-31 6.84 0.00 1.33
2012-12-31 6.93 0.00 1.48
2012-09-30 7.06 0.00 0.98
2012-06-30 8.50 0.00 1.52
2012-03-31 9.33 0.00 1.70
  • Great Bear Resources has no debt.
  • Great Bear Resources has not taken on any debt in the past 5 years.
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.

  • Great Bear Resources has sufficient cash runway for more than 3 years based on current free cash flow.
  • Great Bear Resources has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 78.3% each year.
X
Financial health checks
We assess Great Bear Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Great Bear Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Great Bear Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Great Bear Resources dividends.
If you bought CA$2,000 of Great Bear Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Great Bear Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Great Bear Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:GBR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:GBR Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Great Bear Resources has not reported any payouts.
  • Unable to verify if Great Bear Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Great Bear Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Great Bear Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Great Bear Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Great Bear Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Great Bear Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Great Bear Resources's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Chris Taylor
COMPENSATION CA$104,894
AGE 40
CEO Bio

Mr. Christopher Neil Akehurst Taylor, also known as Chris, M.Sc., P.Geo., has been the President of Dunnedin Ventures Inc. since September 23, 2016 and has been its Chief Executive Officer since March 25, 2013. Mr. Taylor has been the President of Great Bear Resources Ltd. since December 10, 2010 and serves as its Chief Executive Officer. Mr. Taylor serves as Vice President of Exploration at Preakness Group Inc. Mr. Taylor served as the Chief Executive Officer and President of Planet Ventures Inc. from April 12, 2012 to October 11, 2012. He served as Vice President of Resource Investment at Planet Ventures Inc. (formerly, Planet Mining Exploration Inc.) from October 11, 2012 to January 22, 2015. He served as Vice President of Exploration at Great Bear Resources Ltd. from March 21, 2010 to June 8, 2012. He was a Project Geologist with Imperial Metals Corp., where he worked on major porphyry copper-gold development projects at the Mount Polley and Red Chris mining properties in British Columbia and managed exploration at the Sterling epithermal gold mine in Nevada. He co-founded a private resource exploration management company which oversees over $15 million annually in exploration expenditures on behalf of a number of public company clients. He has over 15 years of experience, mainly with public mid-tier and junior mining companies listed on the Canadian exchange. He is an Economic Geologist and explorationist and has extensive experience with porphyry copper gold, epithermal gold, VMS and lithium brine exploration projects. He has been a Director of New Carolin Gold Corp. since May 30, 2016. He has been Director of Great Bear Resources Ltd. since December 10, 2010. Mr. Taylor has been a Director of Dunnedin Ventures Inc. since May 2015. He serves as a Director at Solstice Gold Corporation since September 18, 2017 and serves as its Senior Consultant. He served as an Independent Director of Desert Star Resources Ltd. since October 22, 2013 until June 20, 2017. He served as a Director of Planet Mining Exploration Inc. from April 2012. He served as a Director of Iron Tank Resources Corp. from July 4, 2011 to December 23, 2014. He served as a Director of Javelle Capital Corp. from December 17, 2014 to September 2016. He served as a Director of Kenadyr Mining (Holdings) Corp. since December 17, 2014 until September 26, 2016. He is a Professional Geologist registered in the Province of British Columbia and has worked on mineral exploration and development projects across the Americas, in addition to academic research completed in the Himalayan Mountains of Asia. Mr. Taylor received a B.S., with honors, in Earth Science in 2000 and an M.S. in Structural Geology in 2003 from the Carleton University.

CEO Compensation
  • Chris's compensation has increased whilst company is loss making.
  • Chris's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Great Bear Resources management team in years:

4
Average Tenure
51.5
Average Age
  • The tenure for the Great Bear Resources management team is about average.
Management Team

Chris Taylor

TITLE
President
COMPENSATION
CA$105K
AGE
40

Rob Scott

TITLE
Chief Financial Officer
COMPENSATION
CA$7K
AGE
48
TENURE
2.2 yrs

R. Singh

TITLE
VP of Exploration & Director
COMPENSATION
CA$78K
TENURE
4 yrs

Tony Ricci

TITLE
Director
COMPENSATION
CA$26K
AGE
55
TENURE
8.5 yrs

Borden Putnam

TITLE
Technical Advisor
AGE
65
TENURE
4 yrs
Board of Directors Tenure

Average tenure and age of the Great Bear Resources board of directors in years:

8.3
Average Tenure
55
Average Age
  • The tenure for the Great Bear Resources board of directors is about average.
Board of Directors

Chris Taylor

TITLE
President
COMPENSATION
CA$105K
AGE
40
TENURE
8.3 yrs

R. Singh

TITLE
VP of Exploration & Director
COMPENSATION
CA$78K
TENURE
4 yrs

Tony Ricci

TITLE
Director
COMPENSATION
CA$26K
AGE
55
TENURE
8.5 yrs

Doug Ramshaw

TITLE
Director
COMPENSATION
CA$13K
AGE
60
TENURE
2.7 yrs

Pat McAndless

TITLE
Member of Technical Advisory Board
AGE
70

Suraj Ahuja

TITLE
Member of Advisory Board
AGE
73
TENURE
11.3 yrs

Jody Dahrouge

TITLE
Member of Advisory Board
AGE
51
TENURE
11.3 yrs

David Terry

TITLE
Director
COMPENSATION
CA$19K
AGE
52
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Great Bear Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
14. Jan 19 Buy Christopher Neil Taylor Individual 11. Jan 19 11. Jan 19 5,000 CA$2.00 CA$10,000
19. Oct 18 Sell Christopher Neil Taylor Individual 09. Dec 16 16. Oct 18 -78,348 CA$3.16 CA$-221,385
14. Sep 18 Buy Christopher Neil Taylor Individual 11. Sep 18 11. Sep 18 65,000 CA$1.45 CA$94,250
13. Sep 18 Buy R. Singh Individual 11. Sep 18 11. Sep 18 17,241 CA$1.45 CA$24,999
12. Sep 18 Buy Robert Scott Individual 11. Sep 18 11. Sep 18 34,482 CA$1.45 CA$49,999
12. Sep 18 Buy Antonio Ricci Individual 11. Sep 18 11. Sep 18 68,966 CA$1.45 CA$100,001
11. Sep 18 Buy Vinland Holdings Inc. Company 11. Sep 18 11. Sep 18 17,241 CA$1.35 CA$23,314
11. Sep 18 Buy Douglas Ramshaw Individual 11. Sep 18 11. Sep 18 17,241 CA$1.35 CA$23,314
28. May 18 Buy Christopher Neil Taylor Individual 23. May 18 23. May 18 20,000 CA$0.50 CA$10,000
28. May 18 Buy Christopher Neil Taylor Individual 25. May 18 25. May 18 10,000 CA$0.50 CA$5,000
X
Management checks
We assess Great Bear Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Great Bear Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can We See Significant Insider Ownership On The Great Bear Resources Ltd. (CVE:GBR) Share Register?

The big shareholder groups in Great Bear Resources Ltd. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of CA$146m, Great Bear Resources is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Company Info

Description

Great Bear Resources Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% royalty-free interest in the Dixie Lake gold property covering approximately 9,140 hectares; and a 100% royalty-free interest in the West Madsen gold properties covering approximately 3,860 hectares in the Red Lake district of Ontario. The company was formerly known as Great Bear Uranium Corp. and changed its name to Great Bear Resources Ltd. in January 2010. Great Bear Resources Ltd. was incorporated in 2001 and is based in Vancouver, Canada.

Details
Name: Great Bear Resources Ltd.
GBR
Exchange: TSXV
Founded: 2001
CA$111,954,836
36,827,249
Website: http://www.greatbearresources.ca
Address: Great Bear Resources Ltd.
1020-800 West Pender Street,
Vancouver,
British Columbia, V6C 2V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GBR Common Shares TSX Venture Exchange CA CAD 04. Nov 2010
OTCPK GTBD.F Common Shares Pink Sheets LLC US USD 04. Nov 2010
DB 0G6B Common Shares Deutsche Boerse AG DE EUR 04. Nov 2010
BST 0G6B Common Shares Boerse-Stuttgart DE EUR 04. Nov 2010
Number of employees
Current staff
Staff numbers
0
Great Bear Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:14
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/02/04
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.