TSXV:GBR

Stock Analysis Report

Great Bear Resources

Executive Summary

Great Bear Resources Ltd. operates as a mineral exploration company in Canada.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Great Bear Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-14.3%

GBR

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

121.0%

GBR

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: GBR exceeded the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: GBR exceeded the Canadian Market which returned -2% over the past year.


Shareholder returns

GBRIndustryMarket
7 Day-14.3%-6.0%-6.2%
30 Day-13.4%-1.0%-5.0%
90 Day23.5%4.9%-2.8%
1 Year121.0%121.0%2.9%2.2%1.1%-2.0%
3 Year3436.4%3436.4%-2.8%-4.5%10.7%0.6%
5 Year3790.0%3790.0%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Great Bear Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Great Bear Resources undervalued compared to its fair value and its price relative to the market?

11.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GBR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GBR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GBR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: GBR 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 GBR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GBR is overvalued based on its PB Ratio (11.1x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Great Bear Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

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

12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GBR is currently unprofitable.

Growing Profit Margin: GBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GBR is unprofitable, but has reduced losses over the past 5 years at a rate of 12.1% per year.

Accelerating Growth: Unable to compare GBR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GBR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: GBR has a negative Return on Equity (-9.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Great Bear Resources's financial position?


Financial Position Analysis

Short Term Liabilities: GBR's short term assets (CA$19.5M) exceed its short term liabilities (CA$3.4M).

Long Term Liabilities: GBR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GBR is debt free.

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


Balance Sheet

Inventory Level: GBR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GBR'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: GBR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GBR has less than a year of cash runway if free cash flow continues to reduce at historical rates of -54.1% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

4.0yrs

Average management tenure


CEO

Chris Taylor (41yo)

CA$576,878

Compensation

Mr. Christopher Neil Akehurst Taylor, also known as Chris, M.Sc., P.Geo., serves as Chairman at Dunnedin Ventures Inc. since April 2019. Mr. Taylor had been the President of Dunnedin Ventures Inc. since Se ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD431.73K) is below average for companies of similar size in the Canadian market ($USD687.59K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Neil Taylor
President0yrsCA$576.88k1.82% CA$6.5m
Robert Scott
Chief Financial Officer3.1yrsno data0.85% CA$3.0m
R. Singh
VP of Exploration & Director4.9yrsCA$628.40k0.93% CA$3.3m
Calum Morrison
Vice President of Corporate Development0.3yrsno datano data
Borden Putnam
Technical Advisor4.9yrsno datano data

4.0yrs

Average Tenure

Experienced Management: GBR's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Neil Taylor
President0yrsCA$576.88k1.82% CA$6.5m
R. Singh
VP of Exploration & Director4.9yrsCA$628.40k0.93% CA$3.3m
Douglas Ramshaw
Independent Director3.6yrsCA$200.09k0.52% CA$1.8m
John Robins
Member of Advisory Board0yrsno datano data
David Terry
Independent Director3.6yrsCA$200.09k0.44% CA$1.6m
Antonio Ricci
Independent Director9.4yrsCA$201.09k0.90% CA$3.2m
James Paterson
Member of Advisory Board0yrsno datano data

4.9yrs

Average Tenure

54.5yo

Average Age

Experienced Board: GBR's board of directors are considered experienced (4.9 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 70.8%.


Top Shareholders

Company Information

Great Bear Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Bear Resources Ltd.
  • Ticker: GBR
  • Exchange: TSXV
  • Founded: 2001
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$356.101m
  • Shares outstanding: 45.77m
  • Website: https://www.greatbearresources.ca

Location

  • Great Bear Resources Ltd.
  • 800 West Pender Street
  • Suite 1020
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBRTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2010
0G6BDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2010
GTBD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2010
0G6BBST (Boerse-Stuttgart)YesCommon SharesDEEURNov 2010

Biography

Great Bear Resources Ltd. operates as a mineral exploration company in Canada. Its flagship property is the Dixie Lake gold project covering an area of 9,140 hectares located 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:29
End of Day Share Price2020/02/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.