TSXV:GPG

Stock Analysis Report

Grande Portage Resources

Executive Summary

Grande Portage Resources Ltd., an exploration stage company, engages in the exploration and development of natural resource properties in Alaska and British Columbia.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

4.3%

GPG

-2.0%

CA Metals and Mining

1.1%

CA Market


1 Year Return

-29.4%

GPG

23.7%

CA Metals and Mining

6.6%

CA Market

Return vs Industry: GPG underperformed the Canadian Metals and Mining industry which returned 23.7% over the past year.

Return vs Market: GPG underperformed the Canadian Market which returned 6.6% over the past year.


Shareholder returns

GPGIndustryMarket
7 Day4.3%-2.0%1.1%
30 Day9.1%-0.3%2.5%
90 Day-25.0%-5.5%2.8%
1 Year-29.4%-29.4%24.7%23.7%10.2%6.6%
3 Year-20.0%-20.0%-2.8%-4.6%19.4%8.7%
5 Year140.0%140.0%20.2%16.1%27.3%8.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GPG is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

27.1%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

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

43.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPG has a high level of non-cash earnings.

Growing Profit Margin: Insufficient data to determine if GPG's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: GPG is unprofitable, but has reduced losses over the past 5 years at a rate of 43.4% per year.

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

Earnings vs Industry: GPG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23.6%).


Return on Equity

High ROE: GPG has a negative Return on Equity (-17.7%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Grande Portage Resources's financial position?


Financial Position Analysis

Short Term Liabilities: GPG's short term assets (CA$773.1K) exceeds its short term liabilities (CA$389.1K)

Long Term Liabilities: GPG has no long term liabilities


Debt to Equity History and Analysis

Debt Level: GPG is debt free.

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


Balance Sheet

Inventory Level: GPG has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GPG'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: GPG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GPG has less than a year of cash runway if free cash flow continues to reduce at historical rates of -65.7% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if GPG'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 GPG'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 Grande Portage Resources's salary, the management and board of directors tenure and is there insider trading?

8.6yrs

Average board tenure


CEO

Ian Klassen (52yo)

12.2yrs

Tenure

CA$99,600

Compensation

Mr. Ian Mcculloch Klassen, B.A. (Hons), has been Director of TransCanna Holdings Inc. since August 2019. He has many years of experience in business management, public company management, public relations, ...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD75.35K) is below average for companies of similar size in the Canadian market ($USD136.18K).

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


Board Age and Tenure

8.6yrs

Average Tenure

68yo

Average Age

Experienced Board: GPG's board of directors are considered experienced (8.6 years average tenure).


Insider Trading

Insider Buying: GPG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$36008 Nov 19
DCT Holdings Ltd.
EntityCompany
Shares3,000
Max PriceCA$0.12
BuyCA$36008 Nov 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares3,000
Max PriceCA$0.12
BuyCA$10,00010 Oct 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares100,000
Max PriceCA$0.10
BuyCA$1,39709 Aug 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares10,000
Max PriceCA$0.14
BuyCA$60,00007 Aug 19
DCT Holdings Ltd.
EntityCompany
Shares545,455
Max PriceCA$0.11
BuyCA$4,07007 Aug 19
Michele Pillon
EntityIndividual
Role
Chief Financial Officer
Secretary & CFO
Shares37,000
Max PriceCA$0.11
BuyCA$50,00007 Aug 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares454,545
Max PriceCA$0.11
BuyCA$59,95007 Aug 19
Ian Klassen
EntityIndividual
Role
Chief Executive Officer
President
Shares545,000
Max PriceCA$0.11
BuyCA$8,85503 Jul 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares74,000
Max PriceCA$0.12
BuyCA$6,00026 Jun 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares50,000
Max PriceCA$0.12
BuyCA$7,18725 Jun 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares59,500
Max PriceCA$0.13
BuyCA$1,87521 Jun 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares15,000
Max PriceCA$0.13
BuyCA$3,31304 Jun 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares26,500
Max PriceCA$0.13
BuyCA$6,12503 Jun 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares49,000
Max PriceCA$0.13
BuyCA$31,46130 May 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares250,000
Max PriceCA$0.13
BuyCA$2,24315 May 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares19,500
Max PriceCA$0.12
BuyCA$6,10510 May 19
W.M. Technologies Inc
EntityCompany
Shares55,500
Max PriceCA$0.11
BuyCA$2,30109 May 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares20,000
Max PriceCA$0.12
BuyCA$1,35002 May 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares15,000
Max PriceCA$0.09
BuyCA$1,47008 Apr 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares14,000
Max PriceCA$0.10
BuyCA$1,27520 Feb 19
DCT Holdings Ltd.
EntityCompany
Shares15,000
Max PriceCA$0.085
BuyCA$5,86529 Jan 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares69,000
Max PriceCA$0.085
BuyCA$4,29015 Jan 19
Alistair M. MacLennan
EntityIndividual
Role
Chairman of the Board
Independent Director
Shares39,000
Max PriceCA$0.11

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.4%.


Management Team

  • Ian Klassen (52yo)

    President

    • Tenure: 12.2yrs
    • Compensation: CA$99.60k
  • Michele Pillon (60yo)

    Secretary & CFO

    • Tenure: 3.6yrs
    • Compensation: CA$30.00k

Board Members

  • Ian Klassen (52yo)

    President

    • Tenure: 12.2yrs
    • Compensation: CA$99.60k
  • Tom Patton (76yo)

    Member of Advisory Group

    • Tenure: 2.2yrs
  • Alistair M. MacLennan (71yo)

    Independent Director

    • Tenure: 0yrs
  • Art Freeze (69yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Ron Handford (67yo)

    Independent Director

    • Tenure: 1.6yrs
  • Dirk Hagge

    Member of Financial Advisory Board

    • Tenure: 10.4yrs
  • Doug Perkins (62yo)

    Independent Director

    • Tenure: 8.6yrs

Company Information

Grande Portage Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Grande Portage Resources Ltd.
  • Ticker: GPG
  • Exchange: TSXV
  • Founded: 1984
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$6.433m
  • Shares outstanding: 53.61m
  • Website: https://www.grandeportage.com

Location

  • Grande Portage Resources Ltd.
  • 595 Howe Street
  • Suite 501
  • Vancouver
  • British Columbia
  • V6C 2T5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GPGTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
GPTR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988
GPBDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988

Biography

Grande Portage Resources Ltd., an exploration stage company, engages in the exploration and development of natural resource properties in Alaska and British Columbia. It holds 100% interest in the Herbert  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 23:38
End of Day Share Price2019/11/07 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.