TSXV:GGM

Stock Analysis Report

Granada Gold Mine

Executive Summary

Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.2%

GGM

-2.7%

CA Metals and Mining

-0.1%

CA Market


1 Year Return

-7.4%

GGM

11.4%

CA Metals and Mining

0.9%

CA Market

Return vs Industry: GGM underperformed the Canadian Metals and Mining industry which returned 11.4% over the past year.

Return vs Market: GGM underperformed the Canadian Market which returned 0.9% over the past year.


Shareholder returns

GGMIndustryMarket
7 Day4.2%-2.7%-0.1%
30 Day25.0%-2.9%-2.1%
90 Day0%-0.2%-1.6%
1 Year-7.4%-7.4%12.3%11.4%4.4%0.9%
3 Year-81.6%-81.6%-7.1%-8.8%15.5%5.2%
5 Year-51.7%-55.4%4.6%0.7%25.7%7.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Granada Gold Mine undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Granada Gold Mine is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Granada Gold Mine has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of GGM’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.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Granada Gold Mine regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Granada Gold Mine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.6%

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 Granada Gold Mine 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 Granada Gold Mine performed over the past 5 years?

23.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GGM is unprofitable, but has reduced losses over the past 5 years at a rate of 23.5% per year.

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

Earnings vs Industry: GGM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: GGM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: GGM is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GGM is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Granada Gold Mine's financial position?


Financial Position Analysis

Short Term Liabilities: GGM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GGM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GGM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GGM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: GGM has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: GGM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GGM has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.8% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if GGM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GGM'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 GGM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

10.3yrs

Average management tenure


CEO

Frank Basa 0

15.3yrs

Tenure

CA$300,000

Compensation

Mr. Frank Joseph Basa, P.Eng., has been the Chief Executive Officer and President of Takara Resources Inc. since September 15, 2015. Mr. Basa serves as the Chief Executive Officer and President of Castle S ...


Management Age and Tenure

10.3yrs

Average Tenure

Experienced Management: GGM's management team is seasoned and experienced (10.3 years average tenure).


Board Age and Tenure

6.9yrs

Average Tenure

Experienced Board: GGM's board of directors are considered experienced (6.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$78,82123 Oct 18
Frank Basa
EntityIndividual
Role
Chief Executive Officer
President
Shares525,474
Max PriceCA$0.15

Ownership Breakdown


Management Team

  • Frank Basa

    President

    • Tenure: 15.3yrs
    • Compensation: CA$300.00k
  • Tom Devlin

    Chief Financial Officer

    • Tenure: 10.3yrs
    • Compensation: CA$96.00k
  • White Whyte

    Corporate Secretary

    • Tenure: 3.5yrs

Board Members

  • Frank Basa

    President

    • Tenure: 15.3yrs
    • Compensation: CA$300.00k
  • Jacques Monette (74yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: CA$1.50k
  • Dianne Tookenay

    Director

    • Tenure: 2.5yrs
    • Compensation: CA$73.50k
  • Robert Setter

    Director

    • Tenure: 1.5yrs
    • Compensation: CA$1.50k

Company Information

Granada Gold Mine Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Granada Gold Mine Inc.
  • Ticker: GGM
  • Exchange: TSXV
  • Founded: 1985
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$10.070m
  • Shares outstanding: 80.56m
  • Website: https://www.granadagoldmine.com

Location

  • Granada Gold Mine Inc.
  • 3028 Quadra Court
  • Coquitlam
  • British Columbia
  • V3B 5X6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GGMTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
B6DDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
GBBF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It explores for gold and silver deposits. The company focuses on the Granada go ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:05
End of Day Share Price2019/10/11 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.