TSXV:GTR

Stock Analysis Report

Gatling Exploration

Executive Summary

Gatling Exploration Inc. engages in the exploration and development of mineral properties in Canada.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • Gatling Exploration is not covered by any analysts.

Share Price & News

How has Gatling Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TSXV:GTR

2.5%

CA Metals and Mining

0.4%

CA Market


1 Year Return

n/a

TSXV:GTR

8.2%

CA Metals and Mining

-1.9%

CA Market

No trading data on GTR.

No trading data on GTR.


Share holder returns

GTRIndustryMarket
7 Day0%2.5%0.4%
30 Day15.1%5.0%-0.03%
90 Day15.1%16.9%-1.7%
1 Yearn/a9.1%8.2%1.5%-1.9%
3 Yearn/a-14.6%-16.2%18.7%8.3%
5 Yearn/a-11.9%-15.1%15.8%-0.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Gatling Exploration undervalued based on future cash flows and its price relative to the stock market?

2.36x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Gatling Exploration to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Gatling Exploration to establish if it is available at substantial discount.


Price Based on Earnings

Gatling Exploration is loss making, we can't compare its value to the CA Metals and Mining industry average.

Gatling Exploration is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Gatling Exploration, we can't assess if its growth is good value.


Price Based on Value of Assets

Gatling Exploration is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is Gatling Exploration expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.4%

Forecasted Metals and Mining 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 Gatling Exploration 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 Gatling Exploration performed over the past 5 years?

-728.6%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gatling Exploration does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Gatling Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Gatling Exploration's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Gatling Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Gatling Exploration has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Gatling Exploration improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Gatling Exploration's financial position?


Financial Position Analysis

Gatling Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Gatling Exploration has no long term commitments.


Debt to Equity History and Analysis

Gatling Exploration has no debt.

Gatling Exploration has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Gatling Exploration has no debt, it does not need to be 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.

Gatling Exploration has sufficient cash runway for 2.3 years based on current free cash flow.

Gatling Exploration has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 31.7% each year.


Next Steps

Dividend

What is Gatling Exploration's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Gatling Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Gatling Exploration's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Gatling Exploration has not reported any payouts.

Unable to verify if Gatling Exploration's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Gatling Exploration 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.


Next Steps

Management

What is the CEO of Gatling Exploration's salary, the management and board of directors tenure and is there insider trading?

0.4yrs

Average management tenure


CEO

Nav Dhaliwal (43yo)

0.4yrs

Tenure

Mr. Navjit Dhaliwal, also known as Nav, serves as President and Chief Executive Officer at Gatling Exploration Inc. since February 2019 and serves as its Director. Mr. Dhaliwal has been CEO & Director at B ...


Management Age and Tenure

0.4yrs

Average Tenure

33yo

Average Age

The average tenure for the Gatling Exploration management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.3yrs

Average Tenure

The average tenure for the Gatling Exploration board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Gatling Exploration individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$44,00011 Jul 19
Northfield Capital Corporation
EntityCompany
Shares110,000
Max PriceCA$0.40
BuyCA$4,99520 Jun 19
Navjit Dhaliwal
EntityIndividual
Role
President
Member of the Board of Directors
Shares13,500
Max PriceCA$0.37
BuyCA$15,00029 Nov 18
Patrick Meagher
EntityIndividual
Role
CFO & Company Secretary
Shares50,000
Max PriceCA$0.30
BuyCA$15,00028 Nov 18
Carrie Cesarone
EntityIndividual
Role
Member of the Board of Directors
Shares50,000
Max PriceCA$0.30
BuyCA$50,00027 Nov 18
Dale Ginn
EntityIndividual
Role
COO and Executive Chairman
Chairman of the Board
Shares166,667
Max PriceCA$0.30
BuyCA$50,00027 Nov 18
Navjit Dhaliwal
EntityIndividual
Role
President
Member of the Board of Directors
Shares166,667
Max PriceCA$0.30
BuyCA$6,00026 Nov 18
Richard Boulay
EntityIndividual
Role
Member of the Board of Directors
Shares20,000
Max PriceCA$0.30

Ownership Breakdown


Management Team

  • Nav Dhaliwal (43yo)

    President

    • Tenure: 0.4yrs
  • Patrick Meagher (33yo)

    CFO & Company Secretary

    • Tenure: 0.8yrs
  • Nathan Tribble (31yo)

    Vice President of Exploration

    • Tenure: 0.4yrs
  • Dale Ginn

    COO and Executive Chairman

    • Tenure: 0.4yrs

Board Members

  • Rick Boulay

    Director

  • Carrie Cesarone (54yo)

    Director

  • Nav Dhaliwal (43yo)

    President

  • Jason Billan

    Director

    • Tenure: 0.3yrs
  • Dale Ginn

    COO and Executive Chairman

    • Tenure: 0.5yrs
  • Leigh Hughes

    Director

  • Peter Damouni

    Director

    • Tenure: 0.3yrs

Company Information

Gatling Exploration Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gatling Exploration Inc.
  • Ticker: GTR
  • Exchange: TSXV
  • Founded: 2018
  • Industry: gold
  • Sector: materials
  • Market Cap: CA$19.917m
  • Shares outstanding: 47.42m
  • Website: Click here

Location

  • Gatling Exploration Inc.
  • 200 Burrard Street
  • Suite 1680
  • Vancouver
  • British Columbia
  • V6C 3L6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTRTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2018
GATG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2018

Biography

Gatling Exploration Inc. engages in the exploration and development of mineral properties in Canada. The company’s principal project is the Larder Lake gold property that comprises patented and unpatented  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/24 02:40
End of Day Share Price2019/07/23 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.