TSXV:GIS

Stock Analysis Report

Executive Summary

Genesis Metals Corp. engages in the acquisition and exploration of mineral properties in Canada.

Risk Analysis

Earnings have declined by -27.58% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

+ 1 more risk


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Genesis Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GIS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

GIS

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-10.6%

GIS

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: GIS underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.

Return vs Market: GIS underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

GISIndustryMarket
7 Day0%2.4%0.6%
30 Day-7.3%1.2%0.5%
90 Day52.0%6.6%3.6%
1 Year-10.6%-10.6%5.0%4.4%9.1%5.8%
3 Year-51.0%-51.0%-10.4%-11.9%15.4%5.0%
5 Year-22.1%-22.1%22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Genesis Metals undervalued compared to its fair value and its price relative to the market?

6.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GIS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GIS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GIS is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: GIS 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 GIS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GIS is overvalued based on its PB Ratio (6.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.6%

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 Genesis Metals 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 Genesis Metals performed over the past 5 years?

-27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GIS is currently unprofitable.

Growing Profit Margin: GIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GIS is unprofitable, and losses have increased over the past 5 years at a rate of -27.6% per year.

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

Earnings vs Industry: GIS 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: GIS has a negative Return on Equity (-156.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Genesis Metals's financial position?


Financial Position Analysis

Short Term Liabilities: GIS's short term assets (CA$203.9K) do not cover its short term liabilities (CA$408.0K).

Long Term Liabilities: GIS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GIS is debt free.

Reducing Debt: GIS had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if GIS'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: GIS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GIS has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27.1% each year


Next Steps

Dividend

What is Genesis Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate GIS'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 GIS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GIS'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 GIS'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?

2.4yrs

Average management tenure


CEO

David Terry (53yo)

0.2yrs

Tenure

0

Dr. David Andrew Terry, Ph.D., P.Geo has been CEO, President and Director of Genesis Metals Corp. since December 2019. Dr. Terry served as Chief Executive Officer and President of Comstock Metals Ltd since ...


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Sundar
Executive Director9.8yrsCA$190.75k1.39% CA$219.7k
David Terry
CEO, President & Director0.2yrsno data2.4% CA$380.0k
Lana Safonova
Chief Financial Officer0.7yrsno datano data
Shawn Khunkhun
Vice President of Corporate Development0yrsno datano data
Andrew Liboiron
Exploration Manager4.1yrsno datano data
Sheryl Elsdon
Corporate Secretary9.3yrsno data0.19% CA$30.2k
Michael Williams
Consultant to the Board6.4yrsCA$2.86kno data

2.4yrs

Average Tenure

48yo

Average Age

Experienced Management: GIS's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Sundar
Executive Director9.8yrsCA$190.75k1.39% CA$219.7k
David Terry
CEO, President & Director0.2yrsno data2.4% CA$380.0k
Adrian Fleming
Chairman0.7yrsCA$12.00k0.65% CA$102.2k
Robert Scott
Independent Director5.5yrsCA$27.49k0.47% CA$74.9k
John Florek
Independent Director9.6yrsCA$12.00k0.69% CA$109.0k
Keenan Hohol
Independent Director5.5yrsCA$12.00k0.47% CA$74.2k
Stephen Charles Williams
Independent Director1yrsCA$2.00k0.30% CA$47.4k

5.5yrs

Average Tenure

52yo

Average Age

Experienced Board: GIS's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GIS 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 18.2%.


Top Shareholders

Company Information

Genesis Metals Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genesis Metals Corp.
  • Ticker: GIS
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$15.820m
  • Shares outstanding: 41.63m
  • Website: https://www.genesismetalscorp.com

Location

  • Genesis Metals Corp.
  • 800 West Pender Street
  • Suite 1020
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GISTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2011
4TE2DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2011
GGIS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2011

Biography

Genesis Metals Corp. engages in the acquisition and exploration of mineral properties in Canada. It holds 100% interest in the Chevrier Gold deposit that covers an area of 275 square kilometers in Quebec; and 100% interest in the October Gold Property, which covers 203 square kilometers in the Southern Swayze greenstone belt in Benton Township, Ontario. The company was formerly known as Entourage Metals Ltd. and changed its name to Genesis Metals Corp. in November 2015. Genesis Metals Corp. was incorporated in 2010 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 Analysis2020/02/17 00:20
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.