TSXV:GG

Stock Analysis Report

Executive Summary

Galane Gold Ltd., through its subsidiaries, engages in the exploration for, development, and operation of gold mining properties.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Risks

  • Galane Gold has significant price volatility in the past 3 months.
  • Galane Gold is not covered by any analysts.

Share Price & News

How has Galane Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

37.5%

GG

3.4%

CA Metals and Mining

1.3%

CA Market


1 Year Return

144.4%

GG

22.0%

CA Metals and Mining

-0.1%

CA Market

GG outperformed the Metals and Mining industry which returned 20.3% over the past year.

GG outperformed the Market in Canada which returned -0.4% over the past year.


Share holder returns

GGIndustryMarket
7 Day37.5%3.4%1.3%
30 Day46.7%1.6%4.2%
90 Day100.0%9.1%1.6%
1 Year144.4%144.4%22.9%22.0%3.4%-0.1%
3 Year-15.4%-15.4%-10.0%-11.7%19.1%8.4%
5 Year-51.1%-51.1%4.1%0.3%23.2%5.7%

Price Volatility Vs. Market

How volatile is Galane Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Galane Gold undervalued based on future cash flows and its price relative to the stock market?

1.06x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Galane Gold to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Galane Gold to establish if it is available at substantial discount.


Price Based on Earnings

Galane Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.

Galane Gold is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Galane Gold, we can't assess if its growth is good value.


Price Based on Value of Assets

Galane Gold is good value based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Galane Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.8%

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 Galane 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.


Next Steps

Past Performance

How has Galane Gold performed over the past 5 years?

-0.04%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Galane Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Galane Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Galane Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Galane Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Galane Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Galane Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Galane Gold's financial position?


Financial Position Analysis

Galane Gold's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Galane Gold's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Galane Gold's level of debt (137.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (19.9% vs 137.5% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x 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.

Galane Gold has sufficient cash runway for 1.1 years based on current free cash flow.

Galane Gold has less than a year of cash runway if free cash flow continues to reduce at historical rates of -3.2% each year.


Next Steps

Dividend

What is Galane Gold's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Galane Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Galane Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Galane Gold has not reported any payouts.

Unable to verify if Galane Gold's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Galane Gold 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.


Next Steps

Management

What is the CEO of Galane Gold's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Nick Brodie 0

4.8yrs

Tenure

US$605,465

Compensation

Mr. Nicholas Brodie, also known as Nick, has been the Chief Executive Officer of Galane Gold Ltd. since November 10, 2014. Mr. Brodie served as Chief Financial Officer of Galane Gold Ltd. from October 4,  ...


CEO Compensation Analysis

Nick's remuneration is higher than average for companies of similar size in Canada.

Nick's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.8yrs

Average Tenure

The tenure for the Galane Gold management team is about average.


Board Age and Tenure

6.5yrs

Average Tenure

56yo

Average Age

The tenure for the Galane Gold board of directors is about average.


Insider Trading

More shares have been bought than sold by Galane Gold individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$17,50023 Aug 19
Amar Bhalla
EntityIndividual
Role
Member of the Board of Directors
Director
Shares250,000
Max PriceUS$0.07
BuyUS$90,00021 Dec 18
Amar Bhalla
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000,000
Max PriceUS$0.045
BuyUS$48,74904 Oct 18
Gavin Vandervegt
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares975,000
Max PriceUS$0.05
BuyUS$126,74904 Oct 18
Nicholas Brodie
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares2,535,000
Max PriceUS$0.05
BuyUS$299,99704 Oct 18
Amar Bhalla
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,000,000
Max PriceUS$0.05
BuyUS$52,64904 Oct 18
Wayne Hatton-Jones
EntityIndividual
Role
Member of the Board of Directors
COO, GM & Director
Shares1,053,000
Max PriceUS$0.05

Ownership Breakdown


Management Team

  • Wayne Hatton-Jones (56yo)

    COO, GM & Director

    • Tenure: 3.3yrs
    • Compensation: US$493.66k
  • Nick Brodie

    CEO & Director

    • Tenure: 4.8yrs
    • Compensation: US$605.47k
  • Richard Kimel (52yo)

    Corporate Secretary

    • Tenure: 0yrs
  • Gavin Vandervegt

    Chief Financial Officer

    • Tenure: 2.9yrs
    • Compensation: US$485.89k

Board Members

  • Dino Titaro (67yo)

    Director

    • Tenure: 0.3yrs
  • Ian Egan (71yo)

    Director

    • Tenure: 8.1yrs
    • Compensation: US$61.55k
  • Ravi Sood (42yo)

    Chairman of the Board

    • Tenure: 9.7yrs
    • Compensation: US$233.23k
  • Wayne Hatton-Jones (56yo)

    COO, GM & Director

    • Tenure: 3.3yrs
    • Compensation: US$493.66k
  • Nick Brodie

    CEO & Director

    • Tenure: 4.8yrs
    • Compensation: US$605.47k
  • Amar Bhalla (42yo)

    Director

    • Tenure: 11.9yrs
    • Compensation: US$48.59k

Company Information

Galane Gold Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Galane Gold Ltd.
  • Ticker: GG
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$22.089m
  • Shares outstanding: 200.80m
  • Website: https://www.galanegold.com

Number of Employees


Location

  • Galane Gold Ltd.
  • 181 Bay Street
  • Suite 1800
  • Toronto
  • Ontario
  • M5J 2T9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GGTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2011
GGGO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2011
25GDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2011

Biography

Galane Gold Ltd., through its subsidiaries, engages in the exploration for, development, and operation of gold mining properties. It operates two mines, including the Mupane Property, which is located in t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 00:28
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
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.