TSXV:GTT

Stock Analysis Report

Executive Summary

GT Gold Corp. primarily engages in the acquisition, exploration, and development of mineral properties in Canada.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • GT Gold has significant price volatility in the past 3 months.
  • GT Gold is not covered by any analysts.

Share Price & News

How has GT Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

TSXV:GTT

0.3%

CA Metals and Mining

-0.6%

CA Market


1 Year Return

87.3%

TSXV:GTT

20.3%

CA Metals and Mining

-4.9%

CA Market

GTT outperformed the Metals and Mining industry which returned 12.6% over the past year.

GTT outperformed the Market in Canada which returned -4.8% over the past year.


Share holder returns

GTTIndustryMarket
7 Day-2.5%0.3%-0.6%
30 Day0%-0.6%-2.6%
90 Day29.7%24.9%-2.0%
1 Year87.3%87.3%21.3%20.3%-1.5%-4.9%
3 Yearn/a-10.6%-12.3%14.0%3.9%
5 Yearn/a-8.8%-12.1%12.3%-3.5%

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

Valuation

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

22.85x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for GT Gold to establish if it is available at moderate discount.

Unable to calculate intrinsic value for GT Gold to establish if it is available at substantial discount.


Price Based on Earnings

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

GT Gold 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 GT Gold, we can't assess if its growth is good value.


Price Based on Value of Assets

GT Gold is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

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

34.8%

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 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.


Next Steps

Past Performance

How has GT Gold performed over the past 5 years?

-71.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GT Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

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

Unable to compare GT Gold'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 GT Gold 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 GT Gold 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 GT Gold 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 GT Gold's financial position?


Financial Position Analysis

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

GT Gold's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

GT Gold has no debt.

GT Gold has no debt compared to 5 years ago when it was 63.8%.


Balance Sheet

High level of physical assets or inventory.

GT Gold 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.

GT Gold has less than a year of cash runway based on current free cash flow.

GT Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 94.4% each year.


Next Steps

Dividend

What is GT Gold's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as GT Gold has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GT Gold 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 GT Gold's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Steve Burleton 0

1.2yrs

Tenure

CA$652,963

Compensation

Mr. Stephen A. Burleton, also known as Steve, CFA, MBA has been President, Chief Executive Officer and Director of GT Gold Corp. since June 14, 2018. Mr. Burleton served as Vice President of Business Devel ...


CEO Compensation Analysis

Steve's remuneration is higher than average for companies of similar size in Canada.

Insufficient data for Steve to compare compensation growth.


Management Age and Tenure

1.5yrs

Average Tenure

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


Board Age and Tenure

1.7yrs

Average Tenure

54yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$35,00322 Dec 18
Charles Greig
EntityIndividual
Role
Member of the Board of Directors
VP of Exploration & Director
Shares60,350
Max PriceCA$0.58
BuyCA$20,00027 Nov 18
Stephen Burleton
EntityIndividual
Role
Chief Executive Officer
President
Shares25,000
Max PriceCA$0.80
BuyCA$25,75022 Nov 18
Stephen Burleton
EntityIndividual
Role
Chief Executive Officer
President
Shares25,000
Max PriceCA$1.03
SellCA$67,34223 Oct 18
Taj Singh
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares37,412
Max PriceCA$1.80
BuyCA$49,91508 Oct 18
Renaud Adams
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares74,500
Max PriceCA$0.67
BuyCA$57,44208 Oct 18
Charles Greig
EntityIndividual
Role
Member of the Board of Directors
VP of Exploration & Director
Shares74,600
Max PriceCA$0.77
BuyCA$25,02502 Oct 18
Stephen Burleton
EntityIndividual
Role
Chief Executive Officer
President
Shares32,500
Max PriceCA$0.77

Ownership Breakdown


Management Team

  • Ashwath Mehra (54yo)

    Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: CA$264.98k
  • Steve Burleton

    President

    • Tenure: 1.2yrs
    • Compensation: CA$652.96k
  • Charles Greig

    VP of Exploration & Director

    • Tenure: 2.8yrs
    • Compensation: CA$296.57k
  • Amandip Singh

    Director of Corporate Development

    • Tenure: 1.6yrs
  • Paul Kania

    Chief Financial Officer

    • Tenure: 1.4yrs
    • Compensation: CA$69.98k

Board Members

  • John Pallot (71yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: CA$80.63k
  • Renaud Adams (49yo)

    Independent Director

    • Tenure: 1.2yrs
  • Charles Tarnocai

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: CA$143.78k
  • Ashwath Mehra (54yo)

    Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: CA$264.98k
  • Steve Burleton

    President

    • Tenure: 1.2yrs
    • Compensation: CA$652.96k
  • Taj Singh

    Lead Independent Director

    • Tenure: 1.8yrs
    • Compensation: CA$125.32k
  • Charles Greig

    VP of Exploration & Director

    • Tenure: 2.8yrs
    • Compensation: CA$296.57k
  • Dale Finn

    Director

    • Tenure: 0.1yrs

Company Information

GT Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GT Gold Corp.
  • Ticker: GTT
  • Exchange: TSXV
  • Founded: 2013
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$136.947m
  • Shares outstanding: 116.06m
  • Website: https://www.gtgoldcorp.ca

Location

  • GT Gold Corp.
  • 36 King Street East
  • Suite 400
  • Toronto
  • Ontario
  • M5C 1E5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTTTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2016
GTGD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2016
1JZDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2016

Biography

GT Gold Corp. primarily engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, silver, and copper. The company’s flagship property is the Tatogga pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:31
End of Day Share Price2019/08/20 00:00
Earnings2019/03/31
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.