TSXV:GLW

Stock Analysis Report

Executive Summary

Galway Gold Inc. engages in the acquisition, exploration, and development of mineral resource properties.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-13.0%

GLW

-0.3%

CA Metals and Mining

-0.3%

CA Market


1 Year Return

-16.7%

GLW

19.1%

CA Metals and Mining

4.8%

CA Market

Return vs Industry: GLW underperformed the Canadian Metals and Mining industry which returned 19.1% over the past year.

Return vs Market: GLW underperformed the Canadian Market which returned 4.8% over the past year.


Shareholder returns

GLWIndustryMarket
7 Day-13.0%-0.3%-0.3%
30 Day5.3%-9.3%-3.3%
90 Day-13.0%-6.0%-1.6%
1 Year-16.7%-16.7%20.1%19.1%8.5%4.8%
3 Year-75.0%-75.0%-9.4%-11.0%14.8%4.5%
5 Year-50.0%-50.0%20.0%15.9%26.6%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GLW is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

39.0%

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 Galway 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.


Next Steps

Past Performance

How has Galway Gold performed over the past 5 years?

20.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GLW is unprofitable, but has reduced losses over the past 5 years at a rate of 20.8% per year.

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

Earnings vs Industry: GLW 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: GLW has a negative Return on Equity (-23.14%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Galway Gold's financial position?


Financial Position Analysis

Short Term Liabilities: GLW's short term assets ($5.8M) exceeds its short term liabilities ($78.7K)

Long Term Liabilities: GLW has no long term liabilities


Debt to Equity History and Analysis

Debt Level: GLW is debt free.

Reducing Debt: GLW has not had any debt for past 5 years.


Balance Sheet

Inventory Level: GLW has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GLW'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: GLW has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: GLW has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if GLW'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 GLW'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 Galway Gold's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average management tenure


CEO

Robert Hinchcliffe 0

7.4yrs

Tenure

US$290,000

Compensation

Mr. Robert P. Hinchcliffe has been President and Chief Executive Officer of Galway Gold Inc. since May 9, 2012. Mr. Hinchcliffe has been the President and Chief Executive Officer at Galway Metals Inc. sinc ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Robert's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.9yrs

Average Tenure

51yo

Average Age

Experienced Management: GLW's management team is seasoned and experienced (5.9 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

Experienced Board: GLW's board of directors are considered experienced (6.8 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.


Ownership Breakdown


Management Team

  • Bob Schafer (64yo)

    • Tenure: 4.9yrs
    • Compensation: US$37.97k
  • Robb Doub (51yo)

    • Tenure: 2.8yrs
  • Robert Hinchcliffe

    President

    • Tenure: 7.4yrs
    • Compensation: US$290.00k
  • Mike Sutton

    Chief Geologist & Director

    • Tenure: 6.8yrs
  • Larry Strauss

    VP of Corporate Development & Director

    • Tenure: 6.8yrs
  • Rob Suttie (50yo)

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: US$18.00k
  • Alfonso Rengifo

    Colombia Country Manager & Director

    • Tenure: 6.8yrs
    • Compensation: US$125.00k
  • Mari Trowbridge

    Vice President of Administration

    • Tenure: 0yrs
    • Compensation: US$176.25k

Board Members

  • Robert Hinchcliffe

    President

    • Tenure: 7.4yrs
    • Compensation: US$290.00k
  • Mike Sutton

    Chief Geologist & Director

    • Tenure: 6.8yrs
  • Larry Strauss

    VP of Corporate Development & Director

    • Tenure: 6.8yrs
  • Alfonso Rengifo

    Colombia Country Manager & Director

    • Tenure: 6.8yrs
    • Compensation: US$125.00k
  • Rafael Solis

    Independent Director

    • Tenure: 1.5yrs

Company Information

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


Key Information

  • Name: Galway Gold Inc.
  • Ticker: GLW
  • Exchange: TSXV
  • Founded: 2012
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$4.163m
  • Shares outstanding: 41.63m
  • Website: https://www.galwaygoldinc.com

Location

  • Galway Gold Inc.
  • 82 Richmond Street East
  • Toronto
  • Ontario
  • M5C 1P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLWTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2013
3TZ2DB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2013
GAYG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2013

Biography

Galway Gold Inc. engages in the acquisition, exploration, and development of mineral resource properties. It holds interests in the Reina de Oro property located in the Santander mining district of Colombi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/24 00:14
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
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.