TSXV:GWA

Stock Analysis Report

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Executive Summary

Gowest Gold Ltd. operates as a gold exploration and development company in Canada. More Details


Snowflake Analysis

Overvalued with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.4%

GWA

-0.3%

CA Metals and Mining

0.07%

CA Market


1 Year Return

29.6%

GWA

51.7%

CA Metals and Mining

-3.6%

CA Market

Return vs Industry: GWA underperformed the Canadian Metals and Mining industry which returned 49.1% over the past year.

Return vs Market: GWA exceeded the Canadian Market which returned -4% over the past year.


Shareholder returns

GWAIndustryMarket
7 Day-5.4%-0.3%0.07%
30 Day-2.8%-0.2%2.1%
90 Day-7.9%-7.1%1.8%
1 Year29.6%29.6%52.8%51.7%-0.09%-3.6%
3 Year-78.1%-78.1%23.4%21.5%3.7%-6.1%
5 Year-53.3%-53.3%65.1%61.9%31.1%11.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Gowest Gold undervalued compared to its fair value and its price relative to the market?

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GWA is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

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

22.6%

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 Gowest 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 Gowest Gold performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GWA is currently unprofitable.

Growing Profit Margin: GWA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GWA is unprofitable, and losses have increased over the past 5 years at a rate of 40.1% per year.

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

Earnings vs Industry: GWA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.4%).


Return on Equity

High ROE: GWA has a negative Return on Equity (-22.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is Gowest Gold's financial position?


Financial Position Analysis

Short Term Liabilities: GWA's short term assets (CA$1.2M) do not cover its short term liabilities (CA$14.4M).

Long Term Liabilities: GWA's short term assets (CA$1.2M) do not cover its long term liabilities (CA$15.4M).


Debt to Equity History and Analysis

Debt Level: GWA's debt to equity ratio (51.5%) is considered high.

Reducing Debt: Insufficient data to determine if GWA's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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

Forecast Cash Runway: GWA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.5% each year


Next Steps

Dividend

What is Gowest Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GWA'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 GWA'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?

12.3yrs

Average management tenure


CEO

Greg Romain

12.42yrs

Tenure

CA$253,795

Compensation

Mr. Gregory J. Romain, also known as Greg, has been the Chief Executive Officer and President of Gowest Gold Ltd since May 1, 2008. Mr. Romain has been the President of Norcast Income Fund since 2001 and h ...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD171.35K).

Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Romain
President12.42yrsCA$253.80k0.35%
CA$ 95.9k
Janet O'Donnell
Secretary & CFO12.25yrsCA$147.00k0.12%
CA$ 33.3k
John Frostiak
Technical Advisor1yrCA$16.50k0.43%
CA$ 116.8k
Gregory Taylor
Investor Relations Officerno datano datano data
Michael Bradshaw
Treasurerno datano datano data
Jeremy Niemi
Director of Explorationno dataCA$9.20kno data

12.3yrs

Average Tenure

63yo

Average Age

Experienced Management: GWA's management team is seasoned and experienced (12.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gregory Romain
President12.42yrsCA$253.80k0.35%
CA$ 95.9k
C. Elliott
Chairman11.75yrsCA$16.50k7.8%
CA$ 2.1m
Parviz Farsangi
Director1yrno datano data
Peter Quintiliani
Independent Director8.42yrsCA$16.50k1.52%
CA$ 414.9k
Meirong Yuanhui
Director5.92yrsCA$40.20k0.32%
CA$ 86.4k
Yungang Wu
Director6.08yrsCA$43.15k0.36%
CA$ 97.8k
Demin Huang
Independent Director3yrsCA$20.00k0.27%
CA$ 75.1k

6.1yrs

Average Tenure

Experienced Board: GWA's board of directors are considered experienced (6.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.8%.


Top Shareholders

Company Information

Gowest Gold Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gowest Gold Ltd.
  • Ticker: GWA
  • Exchange: TSXV
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$27.335m
  • Shares outstanding: 78.10m
  • Website: https://www.gowestgold.com

Location

  • Gowest Gold Ltd.
  • 80 Richmond Street West
  • Suite 1400
  • Toronto
  • Ontario
  • M5H 2A4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GWATSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
1GWADB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
1GWMUN (Boerse Muenchen)YesCommon SharesDEEURSep 1988
GWSA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Gowest Gold Ltd. operates as a gold exploration and development company in Canada. The company focuses on the delineation and development of its 100% owned Bradshaw gold deposit, which is part of the North ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 23:53
End of Day Share Price2020/10/23 00:00
Earnings2020/07/31
Annual Earnings2019/10/31


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.