TSXV:GCN

Stock Analysis Report

Goldcliff Resource

Executive Summary

Goldcliff Resource Corporation engages in the acquisition and exploration of exploration and evaluation assets in the United States and Canada.


Snowflake Analysis

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.


Market Performance


7 Day Return

3.3%

GCN

4.7%

CA Metals and Mining

0.1%

CA Market


1 Year Return

210.0%

GCN

5.4%

CA Metals and Mining

4.5%

CA Market

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.


Shareholder returns

GCNIndustryMarket
7 Day3.3%4.7%0.1%
30 Day-8.8%4.2%0.9%
90 Day34.8%14.1%3.7%
1 Year210.0%210.0%6.0%5.4%7.8%4.5%
3 Year-22.5%-22.5%0.2%-1.5%18.2%7.5%
5 Year210.0%210.0%26.6%22.9%33.7%14.2%

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

Valuation

Is Goldcliff Resource undervalued compared to its fair value and its price relative to the market?

8.66x

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).


Next Steps

Future Growth

How is Goldcliff Resource forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

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.


Next Steps

Past Performance

How has Goldcliff Resource performed over the past 5 years?

-14.5%

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


Next Steps

Financial Health

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.


Balance Sheet

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


Next Steps

Dividend

What is Goldcliff Resource's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage1.2%forecastin3Yearsn/a

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

16.4yrs

Average board tenure


CEO

George Sanders (62yo)

5.7yrs

Tenure

0

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  ...


Board Members

NamePositionTenureCompensationOwnership
George Sanders
President5.7yrsno data31.05% CA$2.0m
Gary Moore
CFO & Director12.6yrsno data0.27% CA$17.3k
Paul Saxton
Independent Director16.4yrsno data0.042% CA$2.7k
Edwin Rockel
Independent Director33.6yrsno data2.43% CA$155.3k
Shobodian Zastavnikovich
Independent Director6.2yrsno data0.025% CA$1.6k

16.4yrs

Average Tenure

Experienced Board: GCN's board of directors are seasoned and experienced ( 16.4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.


Top Shareholders

Company Information

Goldcliff Resource Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Goldcliff Resource Corporation
  • 789 West Pender Street
  • Suite 400
  • Vancouver
  • British Columbia
  • V6C 1H2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GCNTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1989
GCFF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1989

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 01:38
End of Day Share Price2020/02/21 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.