GéoMégA Resources Inc. engages in the acquisition, exploration, and evaluation of mining properties in Canada.
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.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
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.
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
1 month ago | Simply Wall StHow GéoMégA Resources Inc. (CVE:GMA) Can Impact Your Portfolio Volatility
2 months ago | Simply Wall StWe Think GéoMégA Resources (CVE:GMA) Can Afford To Drive Business Growth
5 months ago | Simply Wall StDoes GéoMégA Resources Inc. (CVE:GMA) Have A High Beta?
Is GéoMégA Resources undervalued compared to its fair value and its price relative to the market?
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).
How is GéoMégA Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of GMA’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.
- GéoMégA Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has GéoMégA Resources performed over the past 5 years?
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.
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$1.1M).
Debt to Equity History and Analysis
Debt Level: GMA is debt free.
Reducing Debt: GMA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GMA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GMA has less than a year of cash runway if free cash flow continues to grow at historical rates of 35.9% each year.
What is GéoMégA Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GMA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GMA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GMA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GMA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GMA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Kiril Mugerman, B.Sc. Hons. (Geology), serves the President, has been Chief executive Officer of Kintavar Exploration Inc. since March 24, 2017 and has been its Director since 2017. He has been the Chi ...
CEO Compensation Analysis
Compensation vs Market: Kiril's total compensation ($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.
|President & CEO||4.83yrs||CA$59.43k||1.21% CA$221.2k|
|CFO & Corporate Secretary||1.75yrs||CA$82.59k||0.046% CA$8.4k|
|CTO & Process Engineer||5.5yrs||CA$157.95k||no data|
|Vice-President of Exploration||8.25yrs||CA$1.33k||0.23% CA$41.7k|
|no data||no data||no data|
Experienced Management: GMA's management team is considered experienced (4.8 years average tenure).
|Independent Director||3.5yrs||CA$13.98k||0.19% CA$35.0k|
|Independent Director||2.5yrs||CA$13.98k||0.11% CA$19.5k|
|Independent Director||10.5yrs||CA$13.98k||0.86% CA$157.1k|
|Independent Director||6.83yrs||CA$24.28k||0.64% CA$117.1k|
|Independent Director||0.083yr||no data||no data|
Experienced Board: GMA's board of directors are considered experienced (3.5 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.
GéoMégA Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: GéoMégA Resources Inc.
- Ticker: GMA
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$18.245m
- Shares outstanding: 104.26m
- Website: https://www.ressourcesgeomega.ca
- GéoMégA Resources Inc.
- 75, de Mortagne Boulevard
- J4B 6Y4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GMA||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 2010|
|92G||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2010|
|GOMR.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 2010|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 00:04|
|End of Day Share Price||2020/07/08 00:00|
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.