GT Gold Corp. primarily engages in the acquisition, exploration, and development of mineral properties in Canada. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has GT Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GTT is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GTT's weekly volatility (6%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GTT exceeded the Canadian Metals and Mining industry which returned 37.9% over the past year.
Return vs Market: GTT exceeded the Canadian Market which returned -0.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is GT Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAshwath Mehra Is The Executive Chairman of GT Gold Corp. (CVE:GTT) And They Just Picked Up 5.9% More Shares
4 weeks ago | Simply Wall StWhat Is The Ownership Structure Like For GT Gold Corp. (CVE:GTT)?
3 months ago | Simply Wall StThe Lead Independent Director of GT Gold Corp. (CVE:GTT), James Rutherford, Just Bought A Few More Shares
Is GT Gold 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 GTT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GTT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GTT is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: GTT 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 GTT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GTT is overvalued based on its PB Ratio (14.9x) compared to the CA Metals and Mining industry average (2.7x).
How is GT Gold 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 GT Gold 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.
- Examine GT Gold'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.
- GT Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has GT Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTT is currently unprofitable.
Growing Profit Margin: GTT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GTT is unprofitable, and losses have increased over the past 5 years at a rate of 47.5% per year.
Accelerating Growth: Unable to compare GTT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GTT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: GTT has a negative Return on Equity (-78.99%), as it is currently unprofitable.
How is GT Gold's financial position?
Financial Position Analysis
Short Term Liabilities: GTT's short term assets (CA$14.2M) exceed its short term liabilities (CA$3.1M).
Long Term Liabilities: GTT's short term assets (CA$14.2M) exceed its long term liabilities (CA$83.0K).
Debt to Equity History and Analysis
Debt Level: GTT is debt free.
Reducing Debt: GTT currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: GTT has sufficient cash runway for 12 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GTT is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.
What is GT Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GTT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GTT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTT'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 GTT'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 management tenure
Paul Harbidge (50 yo)
Mr. Paul D. Harbidge serves as President, Chief Executive Officer and Director at GT Gold Corp. since September 03, 2019. Mr. Harbidge was Senior Vice President, Exploration of Goldcorp Incorporated from 2...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.03M) is above average for companies of similar size in the Canadian market ($USD580.92K).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
|Executive Chairman||4yrs||CA$345.02k||10.93% |
|Chief Financial Officer||1yr||CA$298.08k||0.14% |
|Vice President of Exploration||4yrs||CA$328.10k||0.34% |
|Vice President of Project Development||no data||CA$510.10k||no data|
|Head of Investor Relations||0.83yr||no data||no data|
|Head of Environment & Community Relations||0.25yr||no data||no data|
Experienced Management: GTT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Executive Chairman||4yrs||CA$345.02k||10.93% |
|Independent Non-Executive Director||1.08yrs||CA$184.53k||0.018% |
|Independent Director||6.5yrs||CA$106.06k||0.23% |
|Independent Director||2.42yrs||CA$105.05k||0.15% |
|Independent Director||2.83yrs||CA$187.12k||0.0092% |
|Lead Independent Director||1.08yrs||CA$187.03k||0.23% |
|Independent Director||1.33yrs||no data||no data|
|Independent Director||0.17yr||no data||0.015% |
Experienced Board: GTT's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GTT 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 11.7%.
GT Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: GT Gold Corp.
- Ticker: GTT
- Exchange: TSXV
- Founded: 2013
- Industry: Gold
- Sector: Materials
- Market Cap: CA$215.878m
- Shares outstanding: 130.05m
- Website: https://www.gtgoldcorp.ca
- GT Gold Corp.
- 1100 Melville Street
- Suite 610
- British Columbia
- V6E 4A6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GTT||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2016|
|GTGD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2016|
|1JZ||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 2016|
GT Gold Corp. primarily engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, and copper. Its flagship property is the Tatogga pro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 23:58|
|End of Day Share Price||2020/11/27 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.