TSXV:GTC

Stock Analysis Report

Executive Summary

Getty Copper Inc. engages in the acquisition and exploration of natural resource properties in Canada.

Risk Analysis

Has less than 1 year of cash runway

Shares are highly illiquid

Does not have a meaningful market cap (CA$3M)

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

Overvalued with weak fundamentals.

Share Price & News

How has Getty Copper's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

GTC

4.6%

CA Metals and Mining

0.2%

CA Market


1 Year Return

0%

GTC

4.5%

CA Metals and Mining

4.9%

CA Market

Return vs Industry: GTC underperformed the Canadian Metals and Mining industry which returned 4.5% over the past year.

Return vs Market: GTC underperformed the Canadian Market which returned 4.9% over the past year.


Shareholder returns

GTCIndustryMarket
7 Day0%4.6%0.2%
30 Day-16.7%3.7%0.4%
90 Day0%10.7%3.7%
1 Year0%0%5.1%4.5%8.2%4.9%
3 Year0%0%-5.4%-7.0%15.9%5.5%
5 Year-16.7%-16.7%26.4%22.6%33.8%14.3%

Price Volatility Vs. Market

How volatile is Getty Copper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Getty Copper undervalued compared to its fair value and its price relative to the market?

0.82x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GTC is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Getty Copper forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

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 Getty Copper 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 Getty Copper performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GTC is currently unprofitable.

Growing Profit Margin: GTC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GTC is unprofitable, but has reduced losses over the past 5 years at a rate of 10.9% per year.

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

Earnings vs Industry: GTC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (10.1%).


Return on Equity

High ROE: GTC has a negative Return on Equity (-19.28%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Getty Copper's financial position?


Financial Position Analysis

Short Term Liabilities: GTC's short term assets (CA$35.8K) do not cover its short term liabilities (CA$1.5M).

Long Term Liabilities: GTC's short term assets (CA$35.8K) do not cover its long term liabilities (CA$1.1M).


Debt to Equity History and Analysis

Debt Level: GTC's debt to equity ratio (49.4%) is considered high.

Reducing Debt: GTC's debt to equity ratio has increased from 1.4% to 49.4% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: GTC's debt is not covered by short term assets (assets are 0x debt).


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: GTC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GTC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2.1% each year


Next Steps

Dividend

What is Getty Copper's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if GTC'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 GTC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

John Lepinski 0

4.7yrs

Tenure

CA$6,000

Compensation

Mr. John Brent Lepinski, CPA, has been Chief Operating Officer at Getty Copper Inc. since June 18, 2015 and serves as its Managing Chief Executive officer since 2019. Mr. Lepinski served as its Chief Execu ...


Leadership Team

NamePositionTenureCompensationOwnership
John Lepinski
Managing CEO4.7yrsCA$6.00k34.54% CA$936.1k
Thomas Hamaoka
President & Director3.7yrsno datano data
Meryl Tellis
Chief Financial Officer1yrsno datano data
Marilyn Young
Corporate Secretary4.7yrsno datano data
Bernhard J. Zinkhofer
Consultant0yrsCA$30.38kno data

4.7yrs

Average Tenure

Experienced Management: GTC's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Lepinski
Managing CEO4.7yrsCA$6.00k34.54% CA$936.1k
Thomas Hamaoka
President & Director3.7yrsno datano data
Larry Reaugh
Independent Director2.8yrsno datano data
Earl Hope
Independent Director0.8yrsno data0.028% CA$750.0
Philip Potter
Independent Director0.8yrsno data0.90% CA$24.5k

2.8yrs

Average Tenure

Experienced Board: GTC's board of directors are not considered experienced ( 2.8 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: GTC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Getty Copper Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Getty Copper Inc.
  • Ticker: GTC
  • Exchange: TSXV
  • Founded: 1985
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.711m
  • Shares outstanding: 108.43m
  • Website: https://www.gettycopper.com

Location

  • Getty Copper Inc.
  • 1000 Austin Avenue
  • Coquitlam
  • British Columbia
  • V3K 3P1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTCTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 1993
GTCD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 1993

Biography

Getty Copper Inc. engages in the acquisition and exploration of natural resource properties in Canada. It owns interests in the Getty copper project that includes the Getty North, Getty South, and satellite properties covering an area of approximately 269 square kilometers located in Highland Valley, British Columbia. The company was incorporated in 1985 and is based in Coquitlam, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 23:57
End of Day Share Price2020/02/10 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.