TSXV:GLI

Stock Analysis Report

Glacier Lake Resources

Executive Summary

Glacier Lake Resources Inc. acquires and explores for resource properties in Canada.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Glacier Lake Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.6%

GLI

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-34.6%

GLI

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: GLI underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: GLI underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

GLIIndustryMarket
7 Day-5.6%-6.0%-6.2%
30 Day0%-1.0%-5.0%
90 Day88.9%4.9%-2.8%
1 Year-34.6%-34.6%2.9%2.2%1.1%-2.0%
3 Year-92.3%-92.3%-2.8%-4.5%10.7%0.6%
5 Year-94.3%-94.3%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Glacier Lake Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Glacier Lake Resources undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Glacier Lake Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Glacier Lake Resources 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 GLI’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 Glacier Lake Resources regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Glacier Lake Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

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 Glacier Lake Resources 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 Glacier Lake Resources performed over the past 5 years?

-51.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLI is currently unprofitable.

Growing Profit Margin: GLI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLI is unprofitable, and losses have increased over the past 5 years at a rate of -51.1% per year.

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

Earnings vs Industry: GLI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Glacier Lake Resources's financial position?


Financial Position Analysis

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

Long Term Liabilities: GLI 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: GLI has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

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

Debt Coverage by Assets: GLI 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: GLI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GLI has less than a year of cash runway if free cash flow continues to reduce at historical rates of -45.2% each year


Next Steps

Dividend

What is Glacier Lake Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

5.8yrs

Average board tenure


CEO

Saf Dhillon 0

4.2yrs

Tenure

CA$120,000

Compensation

Mr. Satvir S. Dhillon, also known as Saf, serves as President, Chief Executive Officer, Corporate Secretary & Director at Raindrop Ventures Inc. Mr. Dhillon has been the Chief Executive Officer and Preside ...


Board Members

NamePositionTenureCompensationOwnership
Satvir Dhillon
CEO, President & Non Independent Director4.2yrsCA$120.00k0.15% CA$10.8k
Robert Weicker
0yrsno datano data
Ralph Henneberry
0yrsno datano data
Stanislaw Szary
Non Independent Director11.8yrsno data0.85% CA$62.9k
Johan Grandin
Director1.2yrsno datano data

5.8yrs

Average Tenure

66yo

Average Age

Experienced Board: GLI's board of directors are considered experienced (5.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 24.4%.


Top Shareholders

Company Information

Glacier Lake Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Glacier Lake Resources Inc.
  • Ticker: GLI
  • Exchange: TSXV
  • Founded: 2008
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$7.391m
  • Shares outstanding: 43.48m
  • Website: https://glacierlake.ca

Location

  • Glacier Lake Resources Inc.
  • 609 Granville Street
  • Suite 1588
  • Vancouver
  • British Columbia
  • V7Y 1G5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLITSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2009
GLII.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2009
KDMADB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2009

Biography

Glacier Lake Resources Inc. acquires and explores for resource properties in Canada. The company explores for gold, silver, copper, cobalt, zinc, nickel, and molybdenum. Its flagship property is the Silver Vista copper-silver property located in British Columbia. The company was formerly known as Killdeer Minerals Inc. and changed its name to Glacier Lake Resources Inc. in February 2017. Glacier Lake Resources Inc. was incorporated in 2008 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 Analysis2020/02/28 01:18
End of Day Share Price2020/02/26 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.