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Intact Gold

TSXV:ITG
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ITG
TSXV
CA$1M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Intact Gold Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The last earnings update was 18 days ago. More info.


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ITG Share Price and Events
7 Day Returns
0%
TSXV:ITG
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-54.8%
TSXV:ITG
-7%
CA Metals and Mining
-0.2%
CA Market
ITG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Intact Gold (ITG) 0% 0% 0% -54.8% -94% -88.3%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • ITG underperformed the Metals and Mining industry which returned -7% over the past year.
  • ITG underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
ITG
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Intact Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.07.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Intact Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Intact Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ITG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.03
TSXV:ITG Share Price ** TSXV (2019-03-13) in CAD CA$0.07
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Intact Gold.

TSXV:ITG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ITG Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.03

-2.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intact Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Intact Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Intact Gold's expected growth come at a high price?
Raw Data
TSXV:ITG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Intact Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Intact Gold's assets?
Raw Data
TSXV:ITG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.12
TSXV:ITG Share Price * TSXV (2019-03-13) in CAD CA$0.07
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:ITG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ITG Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.12

0.6x

* Primary Listing of Intact Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intact Gold is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Intact Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Intact Gold has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Intact 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Intact Gold expected to grow at an attractive rate?
  • Unable to compare Intact Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Intact Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Intact Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ITG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:ITG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ITG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 -1 -1
2016-03-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Intact Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Intact Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:ITG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Intact Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ITG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.03
2018-06-30 -0.05
2018-03-31 -0.04
2017-12-31 -0.06
2017-09-30 -0.07
2017-06-30 -0.14
2017-03-31 -0.23
2016-12-31 -0.29
2016-09-30 -0.36
2016-06-30 -0.39
2016-03-31 -0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Intact Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Intact 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.
  2. Intact Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Intact Gold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Intact Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Intact Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Intact Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Intact Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Intact Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Intact Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Intact Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Intact Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Intact Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ITG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.36 0.36
2018-09-30 -0.38 0.34
2018-06-30 -0.39 0.34
2018-03-31 -0.24 0.20
2017-12-31 -0.33 0.31
2017-09-30 -0.38 0.38
2017-06-30 -0.69 0.67
2017-03-31 -1.07 1.01
2016-12-31 -1.24 1.16
2016-09-30 -1.30 1.22
2016-06-30 -1.03 0.97
2016-03-31 -0.55 0.55
2015-12-31 -0.32 0.30
2015-09-30 -0.21 0.20
2015-06-30 -0.25 0.15
2015-03-31 -0.25 0.15
2014-12-31 -0.30 0.16
2014-09-30 -0.56 0.18
2014-06-30 -0.51 0.20
2014-03-31 -0.53 0.21
2013-12-31 -0.52 0.23
2013-09-30 -0.38 0.33
2013-06-30 -0.39 0.35
2013-03-31 -0.40 0.36
2012-12-31 -0.45 0.40
2012-09-30 -0.35 0.31
2012-06-30 -0.35 0.32
2012-03-31 -0.33 0.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Intact Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Intact 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.
  • It is difficult to establish if Intact Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Intact Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Intact Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Intact Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Intact Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Intact Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Intact Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Intact Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 19.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Intact Gold Company Filings, last reported 2 months ago.

TSXV:ITG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2.12 0.10 1.79
2018-09-30 2.14 0.10 1.87
2018-06-30 2.16 0.10 1.93
2018-03-31 0.56 0.10 0.16
2017-12-31 0.59 0.09 0.23
2017-09-30 0.62 0.15 0.30
2017-06-30 0.68 0.01 0.23
2017-03-31 0.48 0.00 0.02
2016-12-31 0.54 0.00 0.10
2016-09-30 0.63 0.00 0.17
2016-06-30 0.70 0.00 0.23
2016-03-31 0.34 0.03 0.31
2015-12-31 0.34 0.13 0.33
2015-09-30 -0.18 0.23 0.05
2015-06-30 -0.23 0.23 0.01
2015-03-31 -0.20 0.00 0.01
2014-12-31 -0.15 0.00 0.01
2014-09-30 -0.11 0.00 0.02
2014-06-30 0.02 0.00 0.01
2014-03-31 0.05 0.00 0.02
2013-12-31 0.14 0.00 0.03
2013-09-30 0.45 0.00 0.10
2013-06-30 0.51 0.00 0.25
2013-03-31 0.57 0.00 0.34
2012-12-31 0.65 0.00 0.41
2012-09-30 0.72 0.00 0.49
2012-06-30 0.80 0.00 0.61
2012-03-31 0.87 0.00 0.68
  • Intact Gold's level of debt (4.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 4.5% today).
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.

  • Intact Gold has sufficient cash runway for more than 3 years based on current free cash flow.
  • Intact Gold has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -34% each year.
X
Financial health checks
We assess Intact Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Intact Gold has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Intact Gold dividends.
If you bought CA$2,000 of Intact Gold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Intact Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Intact Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:ITG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Intact Gold has not reported any payouts.
  • Unable to verify if Intact Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Intact Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Intact 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.
X
Income/ dividend checks
We assess Intact Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Intact Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Intact Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Anthony Jackson
COMPENSATION CA$48,000
TENURE AS CEO 3.8 years
CEO Bio

Mr. Anthony K. Jackson, B.B.A, CPA, CA has been the Chief Executive Officer, President, Secretary and Director at Intact Gold Corp. since May 13, 2015, which provides financial advisory services to public and private companies. Mr. Jackson has been Chief Financial Officer of Goldbelt Empires Limited since March 14, 2018 and serves as Director since May 25, 2018. He served as a Director at Montego Resources Inc. from August 2, 2016 to March 2019. Mr. Jackson served as Corporate Secretary at Goldbelt Empires Limited since March14, 2018 till June 26, 2018. Mr. Jackson 2018 served as Chief Financial Officer of Koios Beverage Corp. until November 28, 2018 and served as its Director since April 13, 2018 until November 28, 2018. Mr. Jackson served as a Chief Financial Officer and Corporate Secretary of BlockchainK2 Corp. (Formerly known as Africa Hydrocarbons Inc.) since January 2018 until January 30, 2019. Mr. Jackson has been Interim Chief Financial Officer and Corporate Secretary at Dorex Minerals Inc. since June 30, 2017. Mr. Jackson served as Chief Financial Officer and Corporate Secretary at Crystal Exploration Inc. from February 01, 2017 to May 2018. He served as the Chief Financial Officer of Royal Sapphire Corp. from May 27, 2014 to December 29, 2017 and served as its Interim Chief Executive Officer since June 2017. He served as Chief Financial Officer and Secretary of Katipult Technology Corp. since August 2017 to January 24, 2018. Mr. Jackson has been the Chief Financial Officer at Alta Vista Ventures Ltd. since March 20, 2017. He served as the Chief Financial Officer at Abattis Bioceuticals Corp from June 12, 2017 to February 8, 2018. He serves as the Chief Executive Officer at Arcturus Ventures Inc. and serves as its Director. He served as the Chief Financial Officer at Global UAV Technologies Ltd since March 20, 2017 until July 23, 2018. He served as Chief Financial Officer and Corporate Secretary at Cipher Resources Inc. from June 30, 2017 to June 14, 2018. Mr. Jackson served as Chief Financial Officer and Corporate Secretary at Eyecarrot Innovations Corp. (also known as Nanton Nickel Corporation) until January 2019. He has been Chief Executive Officer of Fire River Gold Corp. since February 2016 and SVT Capital Corp. since January 13, 2016. He has been an Interim Chief Financial Officer of SVT Capital Corp. since April 17, 2017. Mr. Jackson has been Chief Financial Officer at Tiller Resources Ltd. since May 28, 2014 and also serves as its Company Secretary. He served as Chief Financial Officer of Gatekeeper Systems, Inc. since September 03, 2015. He served as a Director at Tisdale Resources Corp.(formerly known as Senator Minerals Inc.) from December 5, 2014 to October 5, 2018. He has been Chief Financial Officer of Tintina Resources Inc. since December 2, 2016; Metropolitan Energy Corp. since May 2016; Go-Page Corporation since January 10, 2014; Kincora Copper Limited since September 15, 2014 and Oil Optimization Inc. since November 14, 2016. He served as the Chief Financial Officer of Catalina Gold Corp. since May 3, 2016. He served as a Director of Kincora Copper Limited since May 10, 2018 until August 2018. Mr. Jackson serves as Chief Financial Officer at Navis Resources Corp. Mr. Jackson has been the Chief Executive Officer at Verona Development Corp. since January 13, 2016. He was Chief Financial Officer of American Potash Corp. since February 23, 2015. Mr. Jackson serves as the Chief Financial Officer at Scorpion Resources, Inc. Mr. Jackson has been the Chief Financial Officer of 88 Capital Corp. since November 19, 2014. He served as the Chief Financial Officer at MegumaGold Corp. from November 30, 2016 to June 2018. He served as Chief Financial Officer at Kaneh Bosm BioTechnology Inc. since November 07, 2014 until June 2018. Mr. Jackson has been the Chief Financial Officer of Altan Nevada Minerals Limited since June 3, 2013. Mr. Jackson has been the Chief Financial Officer of Altan Rio Minerals Limited since June 2013. He is the Founder and Principal of Jackson & Company Chartered Accountants, where he assists in private and public companies with full service accounting and tax functions. He has been the Chief Financial Officer of Dynasty Gold Corp. since September 1, 2011. He is the Founder and Principal of BridgeMark Financial Corp. He has been the Chief Financial Officer of Mediterranean Resources Ltd. since May 23, 2014. Mr. Jackson has a broad range of software experience, with Software-as-a-Service ("SaaS") experience spanning across the North American and International markets. He has extensive experience as a Director and Chief Financial Officer of numerous publicly traded corporations in the metals and mining industry. Mr. Jackson led financial reporting teams and developed financial valuation models within various SaaS organizations. He served as the Chief Financial Officer of Bravura Ventures Corp. from October 12, 2012 to July 2016. He served as the Chief Financial Officer at LOOPShare LTD. He served as Chief Financial Officer of Prize Mining Corporation from September 27, 2016 to January 31, 2018. Mr. Jackson served as the Chief Financial Officer of Kenna Resources Corp since May 30, 2014 until February 2016 and its Secretary until February 2016. He served as the Chief Financial Officer of Global Hunter Corp. from May 8, 2015 to June 13, 2016. He served as the Chief Financial Officer of Silver Predator Corp. from November 1, 2012 to September 15, 2014. He served as the Chief Financial Officer of Rio2 Limited (Prospector Resources Corp) from August 31, 2014 to March 1, 2017 and served as its Corporate Secretary until March 2017. He served as Chief Financial Officer of Transatlantic Mining Corp., (also known as Archean Star Resources Inc.) since September 2013 until July 4, 2014. Mr. Jackson worked at Ernst &Young and as a Senior Analyst with an investment banking firm. Mr. Jackson served as the Chief Financial Officer of Arian Resources Corp. from November 24, 2010 to July 3, 2014 and served as its Corporate Secretary since July 13, 2011. He served as the Chief Financial Officer at Redlion Resources Corporation. He served as the Chief Financial Officer of Mediterranean Resources Ltd. from June 01, 2012 to March 18, 2014 and its Consulting Accountant since March 2014. He served as a Senior Analyst of Evans & Evans Inc. from January 2008 to October 2008. He served as the Chief Financial Officer of Westridge Resources Inc. from November 30, 2011 to January 18, 2013. He was a Partner of JH Financial LLP where he served as an Interim Controller or Chief Financial Officer and by providing tax credit services. He served as a Senior Analyst at a boutique investment banking firm. He served as an Accountant of Ernst & Young LLP from September 2004 to December 2007. He serves as a Director at Montego Resources Inc. He has been a Director at Boss Minerals Inc since April 28, 2015. He Served Independent Director at Senator Minerals Inc. since December

CEO Compensation
  • Anthony's compensation has increased whilst company is loss making.
  • Anthony's remuneration is lower than average for companies of similar size in Canada.
Management Team

Anthony Jackson

TITLE
CEO, President
COMPENSATION
CA$48K
TENURE
3.8 yrs

Mo Ahmad

TITLE
CFO & Director
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Intact Gold board of directors in years:

3
Average Tenure
  • The tenure for the Intact Gold board of directors is about average.
Board of Directors

Anthony Jackson

TITLE
CEO, President
COMPENSATION
CA$48K
TENURE
3.8 yrs

Mo Ahmad

TITLE
CFO & Director
TENURE
0.8 yrs

Greg Burns

TITLE
Chairman of Advisory Board & Director
TENURE
2.9 yrs

Ken Tollstam

TITLE
Director
TENURE
3.8 yrs

Rick Allan

TITLE
Member of Advisory Board
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
16. Apr 18 Sell Anthony Jackson Individual 13. Apr 18 13. Apr 18 -100,000 CA$0.30 CA$-30,000
X
Management checks
We assess Intact Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Intact Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Who Are The Major Shareholders In Intact Gold Corp (CVE:ITG)?

The impact of a company's ownership structure affects both its short- and long-term performance. … See our latest analysis for Intact Gold TSXV:ITG Ownership_summary Apr 8th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital.

Simply Wall St -

Is Intact Gold Corp's (CVE:ITG) CEO Overpaid Relative To Its Peers?

In this exercise, I will use profits as a proxy for Jackson's performance. … TSXV:ITG Past Future Earnings Mar 7th 18 Is ITG's CEO overpaid relative to the market? … Usually I would look at market cap and earnings as a proxy for performance, however, ITG's negative earnings lower the usefulness of my formula.

Simply Wall St -

Intact Gold Corp (CVE:ITG): Time For A Financial Health Check

With this reduction in debt, ITG's cash and short-term investments stands at CA$23.64K for investing into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … ITG's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: ITG’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Intact Gold Corp (CVE:ITG) And The Basic Materials Sector Outlook 2017

Unsuprisingly, this is below the growth rate of the Canadian stock market as a whole. … Check out our latest analysis for Intact Gold What’s the catalyst for Intact Gold's sector growth? … If Intact Gold has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the metals and mining industry.

Simply Wall St -

Who Are The Major Shareholders Of Intact Gold Corp (CVE:ITG)?

Today, I will be analyzing Intact Gold Corp’s (TSXV:ITG) recent ownership structure, an important but not-so-popular subject among individual investors. … Therefore, it is beneficial for us to examine ITG's ownership structure in more detail. … What this means for you: With a low level of institutional ownership, investors in ITG need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Is Intact Gold Corp's (TSXV:ITG) CEO Pay Justified?

Therefore I will use earnings as a proxy of Jackson's performance in the past year. … TSXV:ITG Past Future Earnings Nov 29th 17 Is ITG's CEO overpaid relative to the market? … Typically I would look at market cap and earnings as a proxy for performance, however, ITG's negative earnings lower the usefulness of my formula.

Simply Wall St -

What does Intact Gold Corp's (TSXV:ITG) Balance Sheet Tell Us Abouts Its Future?

View our latest analysis for Intact Gold Does ITG generate an acceptable amount of cash through operations? … As cash flow from operation is hindered by adverse events, ITG may need to liquidate its short-term assets to meet these upcoming payments. … Our analysis shows that ITG does have enough liquid assets on hand to meet its upcoming liabilities, which lowers our concerns should adverse events arise.

Simply Wall St -

Company Info

Description

Intact Gold Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It holds 100% interests in the Guillet property located in Temiscamingue, Quebec; the Gold Hill-Blackjack property situated in the Kenora mining division of Ontario; and Belleterre Extreme East and Ortona properties located in Temiscamingue, Quebec. The company also owns the Little Phoenix property covering 2,362 hectares located in Northern British Columbia’s Omineca Mining division. The company was formerly known as First Americas Gold Corporation and changed its name to Intact Gold Corp. in February 2016. Intact Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Details
Name: Intact Gold Corp.
ITG
Exchange: TSXV
Founded: 2007
CA$1,272,785
18,182,651
Website: http://
Address: Intact Gold Corp.
800 - 1199 West Hastings Street,
Vancouver,
British Columbia, V6E 3T5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ITG Common Shares TSX Venture Exchange CA CAD 10. Feb 2011
OTCPK ITTG.F Common Shares Pink Sheets LLC US USD 10. Feb 2011
DB 1A51 Common Shares Deutsche Boerse AG DE EUR 10. Feb 2011
DB A2AD98 COM NPV Deutsche Boerse AG DE CAD 03. Feb 2016
Number of employees
Current staff
Staff numbers
0
Intact Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:19
End of day share price update: 2019/03/13 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.