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K2 Gold

TSXV:KTO
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KTO
TSXV
CA$6M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

K2 Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and evaluation of gold exploration projects in Canada and the United States. The last earnings update was 110 days ago. More info.


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  • K2 Gold has significant price volatility in the past 3 months.
KTO Share Price and Events
7 Day Returns
2%
TSXV:KTO
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
4.2%
TSXV:KTO
-7.9%
CA Metals and Mining
-0.1%
CA Market
KTO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
K2 Gold (KTO) 2% 11.1% 56.3% 4.2% 38.9% -89.6%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • KTO outperformed the Metals and Mining industry which returned -7.9% over the past year.
  • KTO outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
KTO
Industry
5yr Volatility vs Market

Value

 Is K2 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 K2 Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.25.
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 K2 Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are K2 Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:KTO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.05
TSXV:KTO Share Price ** TSXV (2019-03-18) in CAD CA$0.25
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 K2 Gold.

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

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

= 0.25 ÷ -0.05

-5.35x

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

  • K2 Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • K2 Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does K2 Gold's expected growth come at a high price?
Raw Data
TSXV:KTO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.35x
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 K2 Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on K2 Gold's assets?
Raw Data
TSXV:KTO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.14
TSXV:KTO Share Price * TSXV (2019-03-18) in CAD CA$0.25
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:KTO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.25 ÷ 0.14

1.79x

* Primary Listing of K2 Gold.

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

  • K2 Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess K2 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. K2 Gold has a total score of 0/6, 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 K2 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 K2 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
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is K2 Gold expected to grow at an attractive rate?
  • Unable to compare K2 Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare K2 Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare K2 Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:KTO Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
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:KTO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:KTO Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 -1 -1
2017-09-30 -1 -1
2017-06-30 -1 -1
2017-03-31 -1 -1
2016-12-31 0 0
2016-09-30 0 -3
2016-06-30 0 -3
2016-03-31 0 -3
2015-12-31 0 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if K2 Gold is high growth as no earnings estimate data is available.
  • Unable to determine if K2 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:KTO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from K2 Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:KTO Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.06
2017-12-31 -0.07
2017-09-30 -0.08
2017-06-30 -0.09
2017-03-31 -0.06
2016-12-31 -0.08
2016-09-30 -1.25
2016-06-30 -2.17
2016-03-31 -2.22
2015-12-31 -2.25

*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 K2 Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine K2 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. K2 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. K2 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 K2 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.
K2 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 K2 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 K2 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.
  • K2 Gold does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare K2 Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare K2 Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
K2 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 K2 Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:KTO Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.94 0.65
2018-06-30 -0.94 0.65
2018-03-31 -1.05 1.08
2017-12-31 -1.10 1.12
2017-09-30 -1.18 1.09
2017-06-30 -1.06 0.96
2017-03-31 -0.53 0.43
2016-12-31 -0.38 0.28
2016-09-30 -2.98 0.11
2016-06-30 -2.94 0.07
2016-03-31 -2.92 0.03
2015-12-31 -2.96 0.06
2015-09-30 -3.15 0.08
2015-06-30 -3.19 0.11
2015-03-31 -3.24 0.15
2014-12-31 -3.28 0.18
2014-09-30 -0.33 0.20
2014-06-30 -0.42 0.24
2014-03-31 -0.57 0.43
2013-12-31 -0.98 0.86
2013-09-30 -1.34 1.37
2013-06-30 -1.79 1.92
2013-03-31 -4.11 2.26
2012-12-31 -4.29 2.12
2012-09-30 -4.48 1.90

*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 K2 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 K2 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 K2 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 K2 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.
K2 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 K2 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 K2 Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • K2 Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • K2 Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of K2 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.
  • K2 Gold has no debt, it does not need to be covered by short term assets.
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 K2 Gold Company Filings, last reported 5 months ago.

TSXV:KTO Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 3.34 0.00 0.60
2018-06-30 3.33 0.00 0.94
2018-03-31 2.77 0.00 0.30
2017-12-31 2.77 0.00 0.48
2017-09-30 2.91 0.00 0.80
2017-06-30 2.90 0.00 1.84
2017-03-31 1.83 0.00 1.09
2016-12-31 1.82 0.00 1.56
2016-09-30 -0.06 0.10 0.68
2016-06-30 -0.01 0.10 0.24
2016-03-31 -0.22 0.09 0.03
2015-12-31 -0.19 0.06 0.02
2015-09-30 2.68 0.05 0.04
2015-06-30 2.67 0.00 0.00
2015-03-31 2.70 0.00 0.01
2014-12-31 2.76 0.00 0.06
2014-09-30 5.79 0.00 0.14
2014-06-30 5.54 0.00 0.01
2014-03-31 5.62 0.00 0.11
2013-12-31 5.70 0.00 0.19
2013-09-30 5.76 0.00 0.29
2013-06-30 5.85 0.00 0.36
2013-03-31 5.45 0.00 0.01
2012-12-31 5.68 0.00 0.09
2012-09-30 5.18 0.00 1.68
  • K2 Gold has no debt.
  • K2 Gold had no debt 5 years ago.
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.

  • K2 Gold has less than a year of cash runway based on current free cash flow.
  • K2 Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 69.3% each year.
X
Financial health checks
We assess K2 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. K2 Gold has a total score of 4/6, 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 K2 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 K2 Gold dividends.
If you bought CA$2,000 of K2 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 K2 Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate K2 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:KTO 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 K2 Gold has not reported any payouts.
  • Unable to verify if K2 Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of K2 Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as K2 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 K2 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 K2 Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. K2 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 K2 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
Steve Swatton
COMPENSATION CA$150,000
AGE 56
TENURE AS CEO 2.9 years
CEO Bio

Mr. Stephen P. Swatton, also known as Steve, BSc. (Hons.lli) Geology (Portsmouth UK) MSc Geology has been the Chief Executive Officer and President of K2 Gold Corporation since June 30, 2016 and has been its Executive Director since June 28, 2016. Mr. Swatton served as the Chief Executive Officer and President of GoldMining Inc. (formerly Brazil Resources Inc.) from January 2011 to December 15, 2014. Mr. Swatton is a field geologist by training who migrated into various senior corporate roles throughout his 28 year career. He was the Co-founder of Strata Minerals Inc. He served as Chief Executive Officer and President of Lundin Gold Inc. (formerly Fortress Minerals Corp.) from March 1, 2004 to June 10, 2005. From 2005 to 2008, Mr. Swatton served as BHP Billiton's Global Head of Business Developments, Exploration Division. He served as Commercial Manager of BHP Billiton from 2001 to 2004 and its Global New Business Manager of Business Development Group - Exploration Division from 2005 to 2008. Mr. Swatton has over 30 years extensive experience in both finance and private sector projects in Canada, Asia (Mongolia, Indonesia and Philippines), Greenland and many South and Central American countries. He served as President of Southern Rio Resources Ltd. from 1999 to 2001 and Corporate Development Manager of Winspear Diamonds Inc. from 1998 to 2000. He held several senior executive positions within large multi-national mining companies such as BHP Billiton Limited and Rio Tinto Limited. He initially worked for Rio Tinto as a field geologist from 1984 to 1991. Mr. Swatton was Business Development Manager for BHP Billiton where he was responsible for elevating new mineral resource opportunities to the attention of senior executives and has also acted as the Head of Exploration Research for BHP Billiton. He has also worked in the financial markets as an analyst and has held Chief Executive Officer level positions with a number of junior mining companies. He has been Non Executive Director of JBZ Capital Inc since April 14, 2011. He has been a Member of Advisory Board at Callinex Mines Inc. since October 15, 2014. He served as a Director of GoldMining Inc. from August 18, 2010 to December 15, 2014. He served as a Non-Executive Director of Strata Minerals Ltd. from October 25, 2011 to July 30, 2013. He served as a Non Executive Director of Parmelia Resources Limited from December 17, 2010 to May 21, 2012. He served as a Director of Lundin Gold Inc. from March 1, 2004 to June 10, 2005. Mr. Swatton graduated with a BSc., (Hons.lli), in Geology from Portsmouth University, England and subsequently obtained an MSc in Exploration Geology from the University of Alberta, Canada.

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

Average tenure of the K2 Gold management team in years:

1.8
Average Tenure
  • The average tenure for the K2 Gold management team is less than 2 years, this suggests a new team.
Management Team

Steve Swatton

TITLE
President
COMPENSATION
CA$150K
AGE
56
TENURE
2.9 yrs

Rob Scott

TITLE
Chief Financial Officer
AGE
48
TENURE
1.8 yrs

Jo Price

TITLE
Vice President of Exploration
TENURE
1.5 yrs

Al Doherty

TITLE
Exploration Geologist

Jeff Dare

TITLE
Corporate Secretary
Board of Directors Tenure

Average tenure and age of the K2 Gold board of directors in years:

3
Average Tenure
56
Average Age
  • The tenure for the K2 Gold board of directors is about average.
Board of Directors

John Robins

TITLE
Chairman of the Board
AGE
58
TENURE
7.6 yrs

Steve Swatton

TITLE
President
COMPENSATION
CA$150K
AGE
56
TENURE
2.8 yrs

Freddie Leigh

TITLE
Director
AGE
34
TENURE
3.3 yrs

Craig Roberts

TITLE
Director
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by K2 Gold insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Jan 19 Buy Stephen Swatton Individual 18. Jan 19 18. Jan 19 34,500 CA$0.26 CA$8,647
16. Jan 19 Buy Stephen Swatton Individual 10. Jan 19 16. Jan 19 56,000 CA$0.24 CA$13,084
08. Jan 19 Buy John Robins Individual 01. May 18 01. May 18 5,000 CA$0.25 CA$1,250
12. Nov 18 Buy Stephen Swatton Individual 09. Nov 18 09. Nov 18 15,000 CA$0.19 CA$2,850
26. Oct 18 Buy Stephen Swatton Individual 16. Oct 18 22. Oct 18 75,000 CA$0.22 CA$16,474
20. Jun 18 Buy Jo Price Individual 14. Jun 18 14. Jun 18 40,000 CA$0.25 CA$10,000
18. Jun 18 Buy Frederic Wilfred Leigh Individual 12. Jun 18 12. Jun 18 40,000 CA$0.25 CA$10,000
07. Apr 18 Buy Stephen Swatton Individual 29. Mar 18 04. Apr 18 20,000 CA$0.25 CA$4,967
X
Management checks
We assess K2 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. K2 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

Do Insiders Own Lots Of Shares In K2 Gold Corporation (CVE:KTO)?

A look at the shareholders of K2 Gold Corporation (CVE:KTO) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … K2 Gold is not a large company by global standards.

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What Percentage Of K2 Gold Corporation (CVE:KTO) Shares Do Insiders Own?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … K2 Gold is a smaller company with a market capitalization of CA$5m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

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Should You Be Concerned About K2 Gold Corporation's (CVE:KTO) Shareholders?

In this article, I'm going to take a look at K2 Gold Corporation’s (CVE:KTO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

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Who Are The Major Shareholders Of K2 Gold Corporation (CVE:KTO)?

In this analysis, my focus will be on developing a perspective on K2 Gold Corporation’s (TSXV:KTO) latest ownership structure, a less discussed, but important factor. … See our latest analysis for K2 Gold TSXV:KTO Ownership_summary Feb 26th 18 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. … General Public Ownership The general public holds a substantial 79.56% stake in KTO, making it a highly popular stock among retail investors.

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K2 Gold Corporation (CVE:KTO): What Does It Mean For Your Portfolio?

A stock with a beta greater than one is expected to exhibit higher volatility resulting from market-wide shocks compared to one with a beta below one. … With a beta of 3.85, K2 Gold is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … With a market cap of CA$4.69M, KTO falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

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How Does K2 Gold Corporation (TSXV:KTO) Affect Your Portfolio Returns?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … K2 Gold has a beta of 4.52, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

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Why K2 Gold Corporation's (TSXV:KTO) Ownership Structure Is Important

I am going to take a deep dive into K2 Gold Corporation’s (TSXV:KTO) most recent ownership structure, not a frequent subject of discussion among individual investors. … See our latest analysis for KTO TSXV:KTO Ownership Summary Oct 20th 17 Insider Ownership Another important group of shareholders are company insiders. … Such level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Company Info

Description

K2 Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and evaluation of gold exploration projects in Canada and the United States. The company holds interests in five gold projects, including Wels, Flume, Storck, Ladue, and McArthur Creek projects totaling approximately 29,820 hectares located in the South Klondike district in the Yukon and Alaska. Its flagship property is the Wels Project covering approximately 7,200 hectares situated in the Yukon Territory. The company was formerly known as West Melville Metals Inc. and changed its name to K2 Gold Corporation in November 2016. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada.

Details
Name: K2 Gold Corporation
KTO
Exchange: TSXV
Founded: 2011
CA$6,119,767
24,479,070
Website: http://k2gold.com
Address: K2 Gold Corporation
800 West Pender Street,
Suite 1020,
Vancouver,
British Columbia, V6C 2V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV KTO Common Shares TSX Venture Exchange CA CAD 23. Jul 2012
OTCPK KTGD.F Common Shares Pink Sheets LLC US USD 23. Jul 2012
DB 23K Common Shares Deutsche Boerse AG DE EUR 23. Jul 2012
Number of employees
Current staff
Staff numbers
0
K2 Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:27
End of day share price update: 2019/03/18 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.