Gensource Potash Corporation focuses on developing resource opportunities with focus on potash development in Canada.
+ 1 more risk
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Gensource Potash's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GSP exceeded the Canadian Chemicals industry which returned -23.3% over the past year.
Return vs Market: GSP matched the Canadian Market which returned 4.6% over the past year.
Price Volatility Vs. Market
How volatile is Gensource Potash's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Many Gensource Potash Corporation (CVE:GSP) Shares Did Insiders Buy, In The Last Year?
4 months ago | Simply Wall StHow Does Investing In Gensource Potash Corporation (CVE:GSP) Impact The Volatility Of Your Portfolio?
5 months ago | Simply Wall StDid Gensource Potash Corporation (CVE:GSP) Insiders Buy Up More Shares?
Is Gensource Potash 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 GSP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GSP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GSP is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: GSP 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 GSP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSP is overvalued based on its PB Ratio (2.9x) compared to the CA Chemicals industry average (1.2x).
How is Gensource Potash 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 Gensource Potash 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 GSP’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.
- Gensource Potash competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Gensource Potash performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSP is currently unprofitable.
Growing Profit Margin: GSP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GSP is unprofitable, and losses have increased over the past 5 years at a rate of -18.6% per year.
Accelerating Growth: Unable to compare GSP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GSP is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-18.6%).
Return on Equity
High ROE: GSP has a negative Return on Equity (-8.8%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Gensource Potash's financial position?
Financial Position Analysis
Short Term Liabilities: GSP's short term assets (CA$129.3K) do not cover its short term liabilities (CA$683.0K).
Long Term Liabilities: GSP's short term assets (CA$129.3K) exceed its long term liabilities (CA$72.0K).
Debt to Equity History and Analysis
Debt Level: GSP is debt free.
Reducing Debt: GSP had no debt 5 years ago.
Inventory Level: GSP has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if GSP'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: GSP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GSP has less than a year of cash runway if free cash flow continues to reduce at historical rates of -19% each year
What is Gensource Potash's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GSP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GSP'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 GSP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GSP'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 GSP'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 board tenure
Mike Ferguson 0
Mr. Michael John Ferguson, also known as Mike, P.Eng. has been the Chief Executive Officer of Gensource Capital Corporation since June 20, 2013. Mr. Ferguson has been the Chief Executive Officer and Presid ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD480.36K) is above average for companies of similar size in the Canadian market ($USD154.65K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
|Independent Director||1.6yrs||no data||0.22% CA$91.7k|
|Member of Advisory Board||5.7yrs||no data||no data|
|Member of Advisory Board||6.1yrs||no data||no data|
|Member of Advisory Board||6.1yrs||no data||no data|
|Independent Director||6.6yrs||CA$38.31k||0.36% CA$152.3k|
|Independent Director||2.3yrs||CA$141.76k||0.12% CA$51.7k|
Experienced Board: GSP's board of directors are considered experienced (6.1 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 11.8%.
Gensource Potash Corporation's company bio, employee growth, exchange listings and data sources
- Name: Gensource Potash Corporation
- Ticker: GSP
- Exchange: TSXV
- Founded: 1989
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: CA$42.112m
- Shares outstanding: 382.83m
- Website: https://www.gensourcepotash.ca
- Gensource Potash Corporation
- 18 King Street
- Suite 902
- M5C 1C4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GSP||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 1997|
|UGN||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 1997|
|AGCC.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 1997|
Gensource Potash Corporation focuses on developing resource opportunities with focus on potash development in Canada. It holds interests in the Vanguard property, as well as the Lazlo Area projects located in central Saskatchewan. The company was incorporated in 1989 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 00:40|
|End of Day Share Price||2020/02/21 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.