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GOG

Golden Tag Resources TSXV:GOG Stock Report

Last Price

CA$0.24

Market Cap

CA$49.8m

7D

-5.9%

1Y

-40.7%

Updated

15 May, 2022

Data

Company Financials
GOG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GOG Stock Overview

Golden Tag Resources Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties.

Golden Tag Resources Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Golden Tag Resources
Historical stock prices
Current Share PriceCA$0.24
52 Week HighCA$0.48
52 Week LowCA$0.20
Beta2.34
1 Month Change-27.27%
3 Month Change-4.00%
1 Year Change-40.74%
3 Year Change585.71%
5 Year Change336.36%
Change since IPO100.00%

Recent News & Updates

Shareholder Returns

GOGCA Metals and MiningCA Market
7D-5.9%-8.4%-3.0%
1Y-40.7%-9.6%4.2%

Return vs Industry: GOG underperformed the Canadian Metals and Mining industry which returned -9.6% over the past year.

Return vs Market: GOG underperformed the Canadian Market which returned 4.2% over the past year.

Price Volatility

Is GOG's price volatile compared to industry and market?
GOG volatility
GOG Average Weekly Movement13.2%
Metals and Mining Industry Average Movement10.6%
Market Average Movement9.6%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market4.2%

Stable Share Price: GOG is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: GOG's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1995n/aGreg McKenziehttps://www.goldentag.ca

Golden Tag Resources Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for silver, zinc, copper, lead, and gold deposits. It holds a 100% interest in the San Diego property that consists of 4 mining concessions covering an area of 91.65 hectares located in Durango State, Mexico.

Golden Tag Resources Fundamentals Summary

How do Golden Tag Resources's earnings and revenue compare to its market cap?
GOG fundamental statistics
Market CapCA$49.79m
Earnings (TTM)-CA$4.80m
Revenue (TTM)n/a

0.0x

P/S Ratio

-10.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOG income statement (TTM)
RevenueCA$0
Cost of RevenueCA$2.23m
Gross Profit-CA$2.23m
Other ExpensesCA$2.57m
Earnings-CA$4.80m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.023
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did GOG perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


8.6x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GOG's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GOG's fair value for valuation analysis.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GOG is overvalued based on its PB Ratio (8.6x) compared to the CA Metals and Mining industry average (2x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.3%

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 Golden Tag 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.


Past Performance

How has Golden Tag Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-57.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GOG is currently unprofitable.

Growing Profit Margin: GOG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GOG is unprofitable, and losses have increased over the past 5 years at a rate of 57.7% per year.

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

Earnings vs Industry: GOG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.1%).


Return on Equity

High ROE: GOG has a negative Return on Equity (-82.89%), as it is currently unprofitable.


Financial Health

How is Golden Tag Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GOG's short term assets (CA$6.6M) exceed its short term liabilities (CA$760.1K).

Long Term Liabilities: GOG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GOG is debt free.

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


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: GOG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GOG is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GOG's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GOG has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Greg McKenzie

2yrs

Tenure

CA$372,500

Compensation

Mr. Gregory McKenzie, JD, LL B, MBA, also known as Greg, is a Director at ZEB Nickel Corp. (formerly known as Blue Rhino Capital Corp.) since July 30, 2021. He serves as President, Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD288.05K) is above average for companies of similar size in the Canadian market ($USD168.45K).

Compensation vs Earnings: Insufficient data to compare Greg's compensation with company performance.


Leadership Team

Experienced Management: GOG's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: GOG's board of directors are not considered experienced ( 2 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: GOG 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 22.6%.


Top Shareholders

Company Information

Golden Tag Resources Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Golden Tag Resources Ltd.
  • Ticker: GOG
  • Exchange: TSXV
  • Founded: 1995
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$49.794m
  • Shares outstanding: 207.48m
  • Website: https://www.goldentag.ca

Location

  • Golden Tag Resources Ltd.
  • Bay Adelaide Centre - East Tower
  • 22 Adelaide Street West
  • Toronto
  • Ontario
  • M5H 4E3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.