TSXV:GLV

Stock Analysis Report

Executive Summary

Global Vanadium Corp. engages in the identification, acquisition, exploration, and development of mineral properties.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Global Vanadium's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

16.7%

GLV

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-30.0%

GLV

2.2%

CA Metals and Mining

-2.0%

CA Market

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

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


Shareholder returns

GLVIndustryMarket
7 Day16.7%-6.0%-6.2%
30 Day115.4%-1.0%-5.0%
90 Day40.0%4.9%-2.8%
1 Year-30.0%-30.0%2.9%2.2%1.1%-2.0%
3 Year-65.0%-65.0%-2.8%-4.5%10.7%0.6%
5 Yearn/a25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Global Vanadium undervalued compared to its fair value and its price relative to the market?

1.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GLV is overvalued based on its PB Ratio (1.6x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Global Vanadium 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 Global Vanadium 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 Global Vanadium performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLV is currently unprofitable.

Growing Profit Margin: GLV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLV is unprofitable, but has reduced losses over the past 5 years at a rate of 10.8% per year.

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

Earnings vs Industry: GLV 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: GLV has a negative Return on Equity (-30.28%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Global Vanadium's financial position?


Financial Position Analysis

Short Term Liabilities: GLV's short term assets (CA$250.5K) exceed its short term liabilities (CA$34.2K).

Long Term Liabilities: GLV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GLV's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: GLV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

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

Debt Coverage by Assets: GLV's debt is covered by short term assets (assets are 11.2x 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.

Stable Cash Runway: GLV has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GLV has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.9% each year.


Next Steps

Dividend

What is Global Vanadium'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 GLV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

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

2.1yrs

Average board tenure


CEO

Kosta Tsoutsis (46yo)

1yrs

Tenure

0

Mr. Kosta Tsoutsis has been Chief Executive Officer of ML Gold Corp. since April 15, 2019. He has been Chief Executive Officer and Director of Global Vanadium Corp. since February 19, 2019. Mr. Tsoutsis se ...


Board Members

NamePositionTenureCompensationOwnership
Brian Morrison
CFO, Corporate Secretary & Director2.7yrsno data3.97% CA$101.0k
Kosta Tsoutsis
CEO & Director1yrsno data3.58% CA$90.9k
Simon Clarke
Independent Director1.6yrsno datano data
Alexander Helmel
Independent Director4.8yrsno data0.055% CA$1.4k

2.1yrs

Average Tenure

47.5yo

Average Age

Experienced Board: GLV's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 185.3%.


Top Shareholders

Company Information

Global Vanadium Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Vanadium Corp.
  • Ticker: GLV
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.542m
  • Shares outstanding: 18.16m
  • Website: https://www.globalvanadium.com

Location

  • Global Vanadium Corp.
  • 1177 West Hastings Street
  • Suite 2000
  • Vancouver
  • British Columbia
  • V6E 2K3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLVTSXV (TSX Venture Exchange)YesClass A Common Voting SharesCACADJan 2009
WDFC.FOTCPK (Pink Sheets LLC)YesClass A Common Voting SharesUSUSDJan 2009

Biography

Global Vanadium Corp. engages in the identification, acquisition, exploration, and development of mineral properties. The company explores for vanadium and uranium. Its property portfolio includes the Desert Eagle project that consists of 97 claims covering an area of 2004 acres located in Garfield County, the United States. The company was formerly known as Windfire Capital Corp. and changed its name to Global Vanadium Corp. in October 2018. Global Vanadium Corp. was incorporated in 2007 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 01:07
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
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.