TSXV:GMA

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GéoMégA Resources

Executive Summary

GéoMégA Resources Inc. engages in the acquisition, exploration, and evaluation of mining properties in Canada.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GMA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.3%

GMA

5.0%

CA Metals and Mining

0.5%

CA Market


1 Year Return

0%

GMA

37.9%

CA Metals and Mining

-12.4%

CA Market

Return vs Industry: GMA underperformed the Canadian Metals and Mining industry which returned 36.2% over the past year.

Return vs Market: GMA exceeded the Canadian Market which returned -12.5% over the past year.


Shareholder returns

GMAIndustryMarket
7 Day13.3%5.0%0.5%
30 Day3.0%18.5%-3.5%
90 Day32.8%40.7%8.4%
1 Year0%0%38.9%37.9%-9.3%-12.4%
3 Year126.7%126.7%37.4%35.0%3.5%-6.4%
5 Year358.7%21.4%97.0%91.7%20.3%2.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GMA is overvalued based on its PB Ratio (8.2x) compared to the CA Metals and Mining industry average (2.3x).


Next Steps

Future Growth

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

19.9%

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 GéoMégA 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 GéoMégA Resources performed over the past 5 years?

22.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GMA is currently unprofitable.

Growing Profit Margin: GMA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GMA is unprofitable, but has reduced losses over the past 5 years at a rate of 22.8% per year.

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

Earnings vs Industry: GMA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).


Return on Equity

High ROE: GMA has a negative Return on Equity (-67.67%), as it is currently unprofitable.


Next Steps

Financial Health

How is GéoMégA Resources's financial position?


Financial Position Analysis

Short Term Liabilities: GMA's short term assets (CA$917.3K) exceed its short term liabilities (CA$469.2K).

Long Term Liabilities: GMA's short term assets (CA$917.3K) do not cover its long term liabilities (CA$1.1M).


Debt to Equity History and Analysis

Debt Level: GMA is debt free.

Reducing Debt: GMA currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


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: GMA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GMA has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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

4.8yrs

Average management tenure


CEO

Kiril Mugerman

4.83yrs

Tenure

CA$59,430

Compensation

Mr. Kiril Mugerman, B.Sc. Hons. (Geology), serves the President, has been Chief executive Officer of Kintavar Exploration Inc. since March 24, 2017 and has been its Director since 2017. He has been the Chi ...


CEO Compensation Analysis

Compensation vs Market: Kiril's total compensation ($USD43.88K) is below average for companies of similar size in the Canadian market ($USD173.09K).

Compensation vs Earnings: Kiril's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Kiril Mugerman
President & CEO4.83yrsCA$59.43k1.21% CA$221.2k
Mathieu Bourdeau
CFO & Corporate Secretary1.75yrsCA$82.59k0.046% CA$8.4k
Pouya Hajiani
CTO & Process Engineer5.5yrsCA$157.95kno data
Alain Cayer
Vice-President of Exploration8.25yrsCA$1.33k0.23% CA$41.7k
Richard-Marc Lacasse
no datano datano data
Derek Lindsay
Consultant3.75yrsCA$20.83kno data

4.8yrs

Average Tenure

Experienced Management: GMA's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kosta Kostic
Independent Director3.5yrsCA$13.98k0.19% CA$35.0k
Jean Demers
Independent Director2.5yrsCA$13.98k0.11% CA$19.5k
Mario Spino
Independent Director10.5yrsCA$13.98k0.86% CA$157.1k
Gilles Gingras
Independent Director6.83yrsCA$24.28k0.64% CA$117.1k
Matt Silvestro
Independent Director0.083yrno datano data

3.5yrs

Average Tenure

Experienced Board: GMA's board of directors are considered experienced (3.5 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 7.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: GéoMégA Resources Inc.
  • Ticker: GMA
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$18.245m
  • Shares outstanding: 104.26m
  • Website: https://www.ressourcesgeomega.ca

Location

  • GéoMégA Resources Inc.
  • 75, de Mortagne Boulevard
  • Boucherville
  • Quebec
  • J4B 6Y4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GMATSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2010
92GDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2010
GOMR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2010

Biography

GéoMégA Resources Inc. engages in the acquisition, exploration, and evaluation of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property that consists of 177 mining claims covering an area of approximately 9,831 hectares located at the west of the Cree First Nation of Waswanipi, Northern Quebec. GéoMégA Resources Inc. is headquartered in Boucherville, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/09 00:04
End of Day Share Price2020/07/08 00:00
Earnings2020/02/29
Annual Earnings2019/05/31


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.