Minaurum Gold Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Minaurum Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MGG's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MGG underperformed the Canadian Metals and Mining industry which returned 50.2% over the past year.
Return vs Market: MGG exceeded the Canadian Market which returned -7.8% over the past year.
Price Volatility Vs. Market
How volatile is Minaurum Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StHow Minaurum Gold Inc. (CVE:MGG) Can Impact Your Portfolio Volatility
8 months ago | Simply Wall StHere's Why We're Watching Minaurum Gold's (CVE:MGG) Cash Burn Situation
10 months ago | Simply Wall StShould You Be Worried About Insider Transactions At Minaurum Gold Inc. (CVE:MGG)?
Is Minaurum 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 MGG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MGG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MGG is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: MGG 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 MGG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MGG is overvalued based on its PB Ratio (22.2x) compared to the CA Metals and Mining industry average (3x).
How is Minaurum 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 Minaurum 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 Minaurum 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.
- Minaurum 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 Minaurum Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGG is currently unprofitable.
Growing Profit Margin: MGG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MGG is unprofitable, and losses have increased over the past 5 years at a rate of 35.4% per year.
Accelerating Growth: Unable to compare MGG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGG 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: MGG has a negative Return on Equity (-59.39%), as it is currently unprofitable.
How is Minaurum Gold's financial position?
Financial Position Analysis
Short Term Liabilities: MGG's short term assets (CA$2.6M) exceed its short term liabilities (CA$156.5K).
Long Term Liabilities: MGG's short term assets (CA$2.6M) exceed its long term liabilities (CA$201.0K).
Debt to Equity History and Analysis
Debt Level: MGG is debt free.
Reducing Debt: MGG has not had any debt for past 5 years.
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: MGG has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MGG is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
What is Minaurum Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MGG'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 MGG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MGG'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 MGG'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 board tenure
Darrell Rader (41 yo)
Mr. Darrell A. Rader, BBA has been the Chief Executive Officer and President of Minaurum Gold Inc. since March 1, 2010. Mr. Rader has been a Self employed consultant since May 2007. He served as Supervisor ...
CEO Compensation Analysis
Compensation vs Market: Darrell's total compensation ($USD176.45K) is below average for companies of similar size in the Canadian market ($USD640.75K).
Compensation vs Earnings: Darrell's compensation has increased whilst the company is unprofitable.
|Member of Advisory Board||no data||no data||no data|
|Independent Director||9.5yrs||CA$9.96k||0.029% |
|Independent Director||9.83yrs||CA$32.99k||0.32% |
|Independent Director||1.25yrs||no data||no data|
Experienced Board: MGG's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MGG 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 8.4%.
Minaurum Gold Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Minaurum Gold Inc.
- Ticker: MGG
- Exchange: TSXV
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$207.390m
- Shares outstanding: 339.98m
- Website: https://www.minaurum.com
- Minaurum Gold Inc.
- 1177 West Hastings Street
- Suite 2300
- British Columbia
- V6E 2K3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MGG||TSXV (TSX Venture Exchange)||Yes||Common Stock||CA||CAD||Feb 2010|
|MMRG.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Feb 2010|
|78M||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2010|
Minaurum Gold Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. The company explores for gold, silver, copper, and other base metal deposits. T ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 06:41|
|End of Day Share Price||2020/09/21 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.