Goldcliff Resource Corporation engages in the acquisition and exploration of exploration and evaluation assets in the United States and Canada.
+ 2 more risks
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Goldcliff Resource's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GCN's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GCN exceeded the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: GCN exceeded the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Goldcliff Resource's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Be Concerned About Goldcliff Resource Corporation's (CVE:GCN) Historical Volatility?
1 month ago | Simply Wall StDid Goldcliff Resource Corporation (CVE:GCN) Insiders Buy Up More Shares?
7 months ago | Simply Wall StImagine Owning Goldcliff Resource (CVE:GCN) While The Price Tanked 56%
Is Goldcliff Resource 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 GCN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GCN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GCN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GCN 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 GCN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GCN is overvalued based on its PB Ratio (8.7x) compared to the CA Metals and Mining industry average (1.6x).
How is Goldcliff Resource 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 Goldcliff Resource 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.
- Examine Goldcliff Resource'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.
- Goldcliff Resource competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Goldcliff Resource performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GCN is currently unprofitable.
Growing Profit Margin: GCN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GCN is unprofitable, and losses have increased over the past 5 years at a rate of -14.5% per year.
Accelerating Growth: Unable to compare GCN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GCN 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: GCN has a negative Return on Equity (-49.68%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Goldcliff Resource's financial position?
Financial Position Analysis
Short Term Liabilities: GCN's short term assets (CA$92.1K) exceed its short term liabilities (CA$84.8K).
Long Term Liabilities: GCN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GCN is debt free.
Reducing Debt: GCN had no debt 5 years ago.
Inventory Level: GCN has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if GCN'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: GCN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GCN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -8.9% each year
What is Goldcliff Resource's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GCN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GCN'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 GCN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GCN'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 GCN'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 board tenure
George Sanders (62yo)
Mr. George Walter Sanders has been the Chief Financial Officer of Bitterroot Resources Ltd. since December 21, 2018. Mr. Sanders is a Corporate Financial Consultant. He has been the President of Goldcliff ...
|President||5.7yrs||no data||31.05% CA$2.0m|
|CFO & Director||12.6yrs||no data||0.27% CA$17.3k|
|Independent Director||16.4yrs||no data||0.042% CA$2.7k|
|Independent Director||33.6yrs||no data||2.43% CA$155.3k|
|Independent Director||6.2yrs||no data||0.025% CA$1.6k|
Experienced Board: GCN's board of directors are seasoned and experienced ( 16.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GCN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Goldcliff Resource Corporation's company bio, employee growth, exchange listings and data sources
- Name: Goldcliff Resource Corporation
- Ticker: GCN
- Exchange: TSXV
- Founded: 1986
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$6.384m
- Shares outstanding: 41.19m
- Website: https://www.goldcliff.com
- Goldcliff Resource Corporation
- 789 West Pender Street
- Suite 400
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GCN||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 1989|
|GCFF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 1989|
Goldcliff Resource Corporation engages in the acquisition and exploration of exploration and evaluation assets in the United States and Canada. The company explores for gold and silver deposits. It primarily holds 40% joint venture interest in the Pine Grove project covering an area of approximately 4,586 acres located in Lyon County, Nevada. The company also owns a 100% interest in the Panorama Ridge project with a contiguous block of 7,654.53 hectares located in the Hedley gold camp, Nickel Plate mining district, Osoyoos Mining Division; and the Ainsworth project with a contiguous block of 1856.328 hectares located in the Ainsworth-Kaslo silver camp, Kootenay mining district, Slocan Mining Division in British Columbia, Canada. Goldcliff Resource Corporation was founded in 1986 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 01:38|
|End of Day Share Price||2020/02/21 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.