Galane Gold Ltd., through its subsidiary, Galane Gold Mines Ltd., engages in the exploration for, development, and operation of gold mining properties.
Acceptable track record and overvalued.
Share Price & News
How has Galane Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GG'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: GG exceeded the Canadian Metals and Mining industry which returned 30.3% over the past year.
Return vs Market: GG exceeded the Canadian Market which returned -12.5% over the past year.
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
3 months ago | Simply Wall StCould Galane Gold Ltd.'s (CVE:GG) Investor Composition Influence The Stock Price?
4 months ago | Simply Wall StDoes Market Volatility Impact Galane Gold Ltd.'s (CVE:GG) Share Price?
5 months ago | Simply Wall StIf You Had Bought Galane Gold (CVE:GG) Shares A Year Ago You'd Have Made 64%
Is Galane Gold undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GG is poor value based on its PE Ratio (253.6x) compared to the Metals and Mining industry average (22.7x).
PE vs Market: GG is poor value based on its PE Ratio (253.6x) compared to the Canadian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GG is good value based on its PB Ratio (1.6x) compared to the CA Metals and Mining industry average (2.2x).
How is Galane Gold 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 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.
- Take a look at our analysis of GG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Galane Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Galane Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GG has high quality earnings.
Growing Profit Margin: GG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GG has become profitable over the past 5 years, growing earnings by 31.5% per year.
Accelerating Growth: GG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).
Return on Equity
High ROE: GG's Return on Equity (0.6%) is considered low.
How is Galane Gold's financial position?
Financial Position Analysis
Short Term Liabilities: GG's short term assets ($7.8M) do not cover its short term liabilities ($21.1M).
Long Term Liabilities: GG's short term assets ($7.8M) do not cover its long term liabilities ($10.9M).
Debt to Equity History and Analysis
Debt Level: GG's debt to equity ratio (115%) is considered high.
Reducing Debt: GG's debt to equity ratio has increased from 31.4% to 115% over the past 5 years.
Debt Coverage: GG's debt is well covered by operating cash flow (27.5%).
Interest Coverage: GG's interest payments on its debt are not well covered by EBIT (0.6x coverage).
What is Galane Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Nicholas Brodie, also known as Nick, has been the Chief Executive Officer of Galane Gold Ltd. since November 10, 2014. Mr. Brodie served as Chief Financial Officer of Galane Gold Ltd. from October 4, ...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD430.76K) is above average for companies of similar size in the Canadian market ($USD173.94K).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
|CEO & Director||5.67yrs||US$585.82k||1.22% $393.7k|
|Chief Financial Officer||3.75yrs||US$440.08k||0.44% $141.4k|
|COO & GM||5.67yrs||US$597.73k||1.63% $528.1k|
|Corporate Secretary||no data||no data||no data|
Experienced Management: GG's management team is seasoned and experienced (5.7 years average tenure).
|CEO & Director||5.67yrs||US$585.82k||1.22% $393.7k|
|Independent Director||1.08yrs||US$55.69k||0.045% $14.5k|
|Independent Director||0.67yr||US$38.00k||no data|
|Chairman of the Board||10.5yrs||US$271.31k||3.2% $1.0m|
|Independent Director||12.75yrs||US$90.52k||6.92% $2.2m|
Experienced Board: GG's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GG 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 11.3%.
Galane Gold Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Galane Gold Ltd.
- Ticker: GG
- Exchange: TSXV
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: CA$32.393m
- Shares outstanding: 223.40m
- Website: https://www.galanegold.com
Number of Employees
- Galane Gold Ltd.
- 181 Bay Street
- Suite 1800
- M5J 2T9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 2011|
|GGGO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 2011|
|25G||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2011|
Galane Gold Ltd., through its subsidiary, Galane Gold Mines Ltd., engages in the exploration for, development, and operation of gold mining properties. It operates two mines, including the Mupane Property, which is located in the Republic of Botswana; and the Galaxy Property that is located in the Republic of South Africa. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/03 00:31|
|End of Day Share Price||2020/07/02 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.