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Grande Portage Resources

TSXV:GPG
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GPG
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Grande Portage Resources Ltd., an exploration stage company, engages in the exploration and development of gold resource properties in Alaska and British Columbia. The last earnings update was 20 days ago. More info.


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  • Grande Portage Resources has significant price volatility in the past 3 months.
GPG Share Price and Events
7 Day Returns
-23.8%
TSXV:GPG
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-66.7%
TSXV:GPG
-5.9%
CA Metals and Mining
0.7%
CA Market
GPG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Grande Portage Resources (GPG) -23.8% -11.1% -30.4% -66.7% 33.3% -68%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • GPG underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • GPG underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
GPG
Industry
5yr Volatility vs Market

Value

 Is Grande Portage Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Grande Portage Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Grande Portage Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Grande Portage Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:GPG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.04
TSXV:GPG Share Price ** TSXV (2019-03-20) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Grande Portage Resources.

TSXV:GPG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:GPG Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.04

-2.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grande Portage Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Grande Portage Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Grande Portage Resources's expected growth come at a high price?
Raw Data
TSXV:GPG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Grande Portage Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Grande Portage Resources's assets?
Raw Data
TSXV:GPG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.17
TSXV:GPG Share Price * TSXV (2019-03-20) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:GPG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:GPG Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ 0.17

0.47x

* Primary Listing of Grande Portage Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grande Portage Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Grande Portage Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Grande Portage Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Grande Portage Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Grande Portage 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Grande Portage Resources expected to grow at an attractive rate?
  • Unable to compare Grande Portage Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Grande Portage Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Grande Portage Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:GPG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:GPG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:GPG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -1
2018-07-31 0 -1
2018-04-30 -1 -1
2018-01-31 -1 -1
2017-10-31 0 -1
2017-07-31 0 0
2017-04-30 0 0
2017-01-31 0 0
2016-10-31 0 0
2016-07-31 0 0
2016-04-30 0 0
2016-01-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Grande Portage Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Grande Portage Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:GPG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Grande Portage Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GPG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.04
2018-07-31 -0.03
2018-04-30 -0.03
2018-01-31 -0.03
2017-10-31 -0.03
2017-07-31 -0.02
2017-04-30 -0.03
2017-01-31 -0.03
2016-10-31 -0.04
2016-07-31 -0.05
2016-04-30 -0.03
2016-01-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Grande Portage Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Grande Portage Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Grande Portage Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Grande Portage Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Grande Portage Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Grande Portage Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Grande Portage Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Grande Portage Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Grande Portage Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Grande Portage Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Grande Portage Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Grande Portage Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Grande Portage Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GPG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -1.30 0.86
2018-07-31 -0.83 0.66
2018-04-30 -0.86 0.73
2018-01-31 -0.59 0.47
2017-10-31 -0.52 0.46
2017-07-31 -0.34 0.38
2017-04-30 -0.36 0.39
2017-01-31 -0.35 0.36
2016-10-31 -0.39 0.36
2016-07-31 -0.40 0.35
2016-04-30 -0.27 0.25
2016-01-31 -0.25 0.24
2015-10-31 -0.28 0.25
2015-07-31 -6.76 0.25
2015-04-30 -6.75 0.25
2015-01-31 -6.75 0.26
2014-10-31 -6.79 0.27
2014-07-31 -0.69 0.32
2014-04-30 -0.82 0.33
2014-01-31 -0.97 0.34
2013-10-31 -1.32 0.36
2013-07-31 -1.20 0.56
2013-04-30 -1.31 0.57
2013-01-31 -1.73 0.79
2012-10-31 -1.24 0.79
2012-07-31 -1.42 0.68
2012-04-30 -1.72 0.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Grande Portage Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Grande Portage Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Grande Portage Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Grande Portage Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Grande Portage Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Grande Portage Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Grande Portage Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Grande Portage Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Grande Portage Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Grande Portage Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Grande Portage Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Grande Portage Resources Company Filings, last reported 4 months ago.

TSXV:GPG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 7.67 0.00 0.14
2018-07-31 5.77 0.00 0.16
2018-04-30 5.86 0.00 0.14
2018-01-31 5.86 0.00 0.13
2017-10-31 5.96 0.00 0.55
2017-07-31 4.96 0.00 0.45
2017-04-30 4.81 0.00 0.61
2017-01-31 4.59 0.00 0.54
2016-10-31 4.15 0.00 0.20
2016-07-31 3.87 0.00 0.04
2016-04-30 3.95 0.00 0.06
2016-01-31 3.79 0.00 0.01
2015-10-31 3.85 0.00 0.01
2015-07-31 3.92 0.00 0.03
2015-04-30 3.97 0.00 0.03
2015-01-31 4.04 0.00 0.05
2014-10-31 4.13 0.00 0.10
2014-07-31 10.68 0.00 0.22
2014-04-30 10.72 0.00 0.28
2014-01-31 10.79 0.00 0.34
2013-10-31 10.92 0.00 0.48
2013-07-31 11.32 0.00 0.66
2013-04-30 11.48 0.00 0.86
2013-01-31 11.70 0.00 1.07
2012-10-31 12.17 0.00 1.53
2012-07-31 12.18 0.00 2.47
2012-04-30 12.40 0.00 3.50
  • Grande Portage Resources has no debt.
  • Grande Portage Resources has not taken on any debt in the past 5 years.
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.

  • Grande Portage Resources has less than a year of cash runway based on current free cash flow.
  • Grande Portage Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 92.6% each year.
X
Financial health checks
We assess Grande Portage Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Grande Portage Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Grande Portage Resources dividends.
If you bought CA$2,000 of Grande Portage Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Grande Portage Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Grande Portage Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:GPG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Grande Portage Resources has not reported any payouts.
  • Unable to verify if Grande Portage Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Grande Portage Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Grande Portage Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Grande Portage Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Grande Portage Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Grande Portage Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Grande Portage Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ian Klassen
COMPENSATION CA$99,600
AGE 51
TENURE AS CEO 11.5 years
CEO Bio

Mr. Ian Mcculloch Klassen, B.A. (Hons), serves as the Director of Sixty North Gold Mining Ltd. since July 24, 2017. He has 25 years of experience in public company management, public relations, government affairs and entrepreneurialism. He served as Chief Executive Officer and President of eXeBlock Technology Corporation until June 15, 2018. He has extensive experience in public company administration, finance, government/legislative policy, media relationship strategies and project management. Mr. Klassen is the President of a North American mineral exploration company and sits on the Board of Directors of several private and public companies. He has been the President at Grande Portage Resources Ltd since April 2007. He is Chief Executive Officer of Grande Portage Resources Ltd. since September 2007 and Director since August 15, 2007 and President & Chief Executive Officer of GMV Minerals Inc. since March 2009. He served as a Director of Canabo Medical Inc. since November 9, 2016 until March 26, 2018 and served as a Director of Aleafia Health Inc. He has been a Director of GMV Minerals Inc since December 2007. He serves as a Director of eXeBlock Technology Corporation since September 13, 2017. Previous to his management activities within private and public companies, Mr. Klassen held a variety of positions within federal Canadian politics including; Senior Political Advisor to the Minister of State (Transportation); and Chief of Staff, Office of the Speaker of the Canadian House of Commons. He graduated with an undergraduate Honours Degree from the University of Western Ontario in 1989. In 1992, Mr. Klassen received the Commemorative Medal for the 125th Anniversary of the Confederation of Canada in recognition of his significant contribution to his community and country.

CEO Compensation
  • Ian's compensation has increased whilst company is loss making.
  • Ian's remuneration is lower than average for companies of similar size in Canada.
Management Team

Ian Klassen

TITLE
President
COMPENSATION
CA$100K
AGE
51
TENURE
11.5 yrs

Michele Pillon

TITLE
Secretary & CFO
COMPENSATION
CA$30K
AGE
59
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Grande Portage Resources board of directors in years:

7.9
Average Tenure
67
Average Age
  • The tenure for the Grande Portage Resources board of directors is about average.
Board of Directors

Alistair M. MacLennan

TITLE
Director
AGE
70

Ian Klassen

TITLE
President
COMPENSATION
CA$100K
AGE
51
TENURE
11.6 yrs

Art Freeze

TITLE
Member of Advisory Board
AGE
68

Dirk Hagge

TITLE
Member of Financial Advisory Board
TENURE
9.8 yrs

Doug Perkins

TITLE
Director
AGE
61
TENURE
7.9 yrs

Tom Patton

TITLE
Member of Advisory Group
AGE
75
TENURE
1.5 yrs

Ron Handford

TITLE
Director
AGE
66
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Grande Portage Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Feb 19 Buy DCT Holdings Ltd. Company 19. Feb 19 19. Feb 19 15,000 CA$0.09 CA$1,275
29. Jan 19 Buy Alistair M. MacLennan Individual 25. Jan 19 28. Jan 19 69,000 CA$0.09 CA$5,865
15. Jan 19 Buy Alistair M. MacLennan Individual 14. Jan 19 14. Jan 19 39,000 CA$0.11 CA$4,290
25. Sep 18 Buy DCT Holdings Ltd. Company 20. Sep 18 20. Sep 18 2,100,000 CA$0.20 CA$420,001
23. Aug 18 Sell DCT Holdings Ltd. Company 22. Aug 18 22. Aug 18 -1,374,500 CA$0.21 CA$-275,018
07. May 18 Buy Ian Klassen Individual 07. May 18 07. May 18 25,000 CA$0.20 CA$5,000
17. Apr 18 Buy Alistair M. MacLennan Individual 16. Apr 18 16. Apr 18 500 CA$0.20 CA$100
17. Apr 18 Buy Ian Klassen Individual 16. Apr 18 16. Apr 18 5,000 CA$0.20 CA$1,000
X
Management checks
We assess Grande Portage Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Grande Portage Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Grande Portage Resources Ltd (CVE:GPG) Shares Do Insiders Own?

The big shareholder groups in Grande Portage Resources Ltd (CVE:GPG) have power over the company. … With a market capitalization of CA$12m, Grande Portage Resources is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Grande Portage Resources

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Is Grande Portage Resources Ltd's (CVE:GPG) CEO Overpaid Relative To Its Peers?

Leading Grande Portage Resources Ltd (CVE:GPG) as the CEO, Ian Klassen took the company to a valuation of CA$6.33m. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … View out our latest analysis for Grande Portage Resources

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Company Info

Description

Grande Portage Resources Ltd., an exploration stage company, engages in the exploration and development of gold resource properties in Alaska and British Columbia. It holds an interest in the Herbert gold property consisting of 84 mining claims located in north of Juneau, Alaska. The company is based in Vancouver, Canada.

Details
Name: Grande Portage Resources Ltd.
GPG
Exchange: TSXV
Founded:
CA$3,634,069
45,425,865
Website: http://www.grandeportage.com
Address: Grande Portage Resources Ltd.
595 Howe Street,
Suite 501,
Vancouver,
British Columbia, V6C 2T5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GPG Common Shares TSX Venture Exchange CA CAD 09. Sep 1988
OTCPK GPTR.F Common Shares Pink Sheets LLC US USD 09. Sep 1988
DB GPB Common Shares Deutsche Boerse AG DE EUR 09. Sep 1988
Number of employees
Current staff
Staff numbers
0
Grande Portage Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:37
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.