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Group Ten Metals

TSXV:PGE
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PGE
TSXV
CA$10M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Group Ten Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
  • Group Ten Metals has significant price volatility in the past 3 months.
PGE Share Price and Events
7 Day Returns
-5.6%
TSXV:PGE
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-15%
TSXV:PGE
-3.9%
CA Metals and Mining
2.6%
CA Market
PGE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Group Ten Metals (PGE) -5.6% -20.9% 36% -15% -30.6% -2.9%
CA Metals and Mining 1.7% 0.4% 13.7% -3.9% 15% -18.9%
CA Market -0% 0.5% 15.3% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • PGE underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • PGE underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
PGE
Industry
5yr Volatility vs Market

Value

 Is Group Ten Metals 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 Group Ten Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.17.
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 Group Ten Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Group Ten Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PGE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.05
TSXV:PGE Share Price ** TSXV (2019-03-22) in CAD CA$0.17
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 555 Publicly-Listed Companies 14.94x

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

** Primary Listing of Group Ten Metals.

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

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

= 0.17 ÷ -0.05

-3.13x

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

  • Group Ten Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Group Ten Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Group Ten Metals's expected growth come at a high price?
Raw Data
TSXV:PGE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.13x
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 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Group Ten Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Group Ten Metals's assets?
Raw Data
TSXV:PGE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.02
TSXV:PGE Share Price * TSXV (2019-03-22) in CAD CA$0.17
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,355 Publicly-Listed Companies 1.57x
TSXV:PGE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.17 ÷ 0.02

8.21x

* Primary Listing of Group Ten Metals.

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

  • Group Ten Metals is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Group Ten Metals'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. Group Ten Metals 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 Group Ten Metals 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 Group Ten Metals 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
34.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Group Ten Metals expected to grow at an attractive rate?
  • Unable to compare Group Ten Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Group Ten Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Group Ten Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PGE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:PGE 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:PGE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -3
2018-09-30 -1 -2
2018-06-30 -1 -2
2018-03-31 -1 -1
2017-12-31 -2 -1
2017-09-30 -2 -1
2017-06-30 -1 -1
2017-03-31 -1 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Group Ten Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Group Ten Metals 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:PGE 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 Group Ten Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PGE Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.05
2018-06-30 -0.04
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.04
2017-06-30 -0.05
2017-03-31 -0.06
2016-12-31 0.00
2016-09-30 0.03
2016-06-30 0.00
2016-03-31 -0.05

*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 Group Ten Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of PGE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Group Ten Metals'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. Group Ten Metals'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 Group Ten Metals'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.
Group Ten Metals 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 Group Ten Metals 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 Group Ten Metals'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.
  • Group Ten Metals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Group Ten Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Group Ten Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Group Ten Metals'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 Group Ten Metals Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PGE 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 -2.59 2.22
2018-09-30 -2.46 2.18
2018-06-30 -1.69 1.44
2018-03-31 -1.39 1.18
2017-12-31 -1.27 1.04
2017-09-30 -1.01 0.82
2017-06-30 -0.82 0.67
2017-03-31 -0.48 0.58
2016-12-31 0.02 0.57
2016-09-30 0.10 0.49
2016-06-30 0.01 0.40
2016-03-31 -0.12 0.32
2015-12-31 -0.51 0.24
2015-09-30 -0.51 0.23
2015-06-30 -0.43 0.22
2015-03-31 -0.42 0.21
2014-12-31 -0.29 0.15
2014-09-30 -0.46 0.10
2014-06-30 -0.42 0.15
2014-03-31 -0.52 0.25
2013-12-31 -0.68 0.38
2013-09-30 -0.51 0.44
2013-06-30 -0.48 0.42
2013-03-31 -0.49 0.43
2012-12-31 -0.37 0.37
2012-09-30 -0.42 0.31
2012-06-30 -0.81 0.55
2012-03-31 -1.74 1.46

*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 Group Ten Metals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Group Ten Metals 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 Group Ten Metals 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 Group Ten Metals'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.
Group Ten Metals 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 Group Ten Metals'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 Group Ten Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Group Ten Metals's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Group Ten Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Group Ten Metals'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 7.2x 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 Group Ten Metals Company Filings, last reported 2 months ago.

TSXV:PGE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.23 0.05 0.13
2018-09-30 0.52 0.06 0.07
2018-06-30 0.62 0.01 0.03
2018-03-31 1.01 0.01 0.27
2017-12-31 1.05 0.01 0.42
2017-09-30 0.63 0.01 0.07
2017-06-30 0.62 0.01 0.24
2017-03-31 0.73 0.01 0.55
2016-12-31 -0.86 0.32 0.09
2016-09-30 -0.70 0.30 0.14
2016-06-30 -0.57 0.02 0.00
2016-03-31 -0.81 0.02 0.01
2015-12-31 -1.19 0.01 0.00
2015-09-30 -1.21 0.01 0.00
2015-06-30 -0.96 0.00 0.01
2015-03-31 -0.93 0.00 0.01
2014-12-31 -0.86 0.00 0.04
2014-09-30 -0.87 0.00 0.01
2014-06-30 -0.75 0.00 0.00
2014-03-31 -0.74 0.00 0.00
2013-12-31 -0.72 0.00 0.01
2013-09-30 -0.50 0.00 0.02
2013-06-30 -0.38 0.00 0.05
2013-03-31 -0.26 0.00 0.01
2012-12-31 -0.07 0.00 0.13
2012-09-30 -0.15 0.00 0.01
2012-06-30 -0.06 0.00 0.01
2012-03-31 0.04 0.00 0.03
  • Group Ten Metals's level of debt (4.1%) 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 4.1% 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.

  • Group Ten Metals has less than a year of cash runway based on current free cash flow.
  • Group Ten Metals has less than a year of cash runway if free cash flow continues to grow at historical rates of 71.3% each year.
X
Financial health checks
We assess Group Ten Metals'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. Group Ten Metals has a total score of 2/6, 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 Group Ten Metals'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 Group Ten Metals dividends.
If you bought CA$2,000 of Group Ten Metals 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 Group Ten Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Group Ten Metals'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:PGE 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 1.1%
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%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

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 Group Ten Metals has not reported any payouts.
  • Unable to verify if Group Ten Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Group Ten Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Group Ten Metals 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 Group Ten Metals'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 Group Ten Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Group Ten Metals 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 Group Ten Metals'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
Mike Rowley
COMPENSATION CA$122,980
AGE 51
CEO Bio

Mr. Michael Victor Rowley, BSc, RPBio, has been the Chief Executive Officer and President of Group Ten Metals Inc since July 1, 2010. Mr. Rowley served as Chief Financial Officer of Granite Creek Gold Ltd since June 26, 2015 until February 1, 2019. Mr. Rowley serves in Exploration Operations of Manex Resource Group Inc. since June 30, 2016. Mr. Rowley served as Interim Secretary of Group Ten Metals Inc. He has fifteen years executive experience with private companies in the mining industry. He served as the Vice President of Operations at Group Ten Metals Inc.., since September 2007. Mr. Rowley served as Co-President of Group Ten Metals Inc.., since May 2006. Mr. Rowley served as the President of Dundee Mines Ltd., (now Yankee Girl Resources Corp.) until October 11, 2007, where he led the incorporation of it and its acquisition of mineral properties. Mr. Rowley served as the President of Blue Sky Mines Ltd., and led the development of a recycling technology based on mining industry techniques from lab-scale through to full-scale operation in 2001. Mr. Rowley served as Director of Mineral Research & Development and Operations Manager for Sierra Mountain Minerals Inc. where he was responsible for all aspects of its operations from mining through to bottled product, includingproduction and research contracts and regulatory concerns. His other roles in mining technology development and corporate management included long term roles as President of NTBC Research Corp. from 1991 to 2006 and Vice President of Biomet Mining Corp. from 1997 to 1999. He worked extensively in mineral testing labs conductingmineral extraction tests, environmental prediction tests and water treatment tests for the mining industry. He has been an Independent Director of Bravada Gold Corporation since January 7, 2011. Mr. Rowley has been a Director of Group Ten Metals Inc.., since October 11, 2007. He serves as a Director of Granite Creek Gold Ltd. He served as a Director of Dundee Mines and Blue Sky. He served as a Director of Fortune River Resource Corp., since January 2010. He is a Co-author of numerous technical papers and has two patents on mine water treatment. He is a Registered Professional Biologist in BC. Mr. Rowley received a Bachelor of Science Degree from the University of British Columbia in 1990.

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

Average tenure of the Group Ten Metals management team in years:

0.9
Average Tenure
  • The average tenure for the Group Ten Metals management team is less than 2 years, this suggests a new team.
Management Team

Greg Johnson

TITLE
Executive Chairman

Mike Rowley

TITLE
President
COMPENSATION
CA$123K
AGE
51

Mathew Lee

TITLE
Chief Financial Officer
TENURE
0.5 yrs

Chris Ackerman

TITLE
Senior Manager of Corporate Communications
TENURE
1.9 yrs

Craig Bow

TITLE
Chief Geologist
AGE
68
TENURE
1.3 yrs

Alicia Milne

TITLE
Corporate Secretary
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Group Ten Metals board of directors in years:

1.8
Average Tenure
56.5
Average Age
  • The average tenure for the Group Ten Metals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Greg Johnson

TITLE
Executive Chairman
TENURE
1.4 yrs

Mike Rowley

TITLE
President
COMPENSATION
CA$123K
AGE
51
TENURE
11.4 yrs

Doug Warkentin

TITLE
Member of Advisory Board
AGE
53
TENURE
1.8 yrs

Brian Cloney

TITLE
Member of Advisory Board
AGE
74
TENURE
1.8 yrs

Bill Harris

TITLE
Director
COMPENSATION
CA$23K
AGE
60
TENURE
4.7 yrs

Gregor Hamilton

TITLE
Non-Executive Director
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Group Ten Metals 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$) Value (CA$)
09. Mar 19 Buy Michael Rowley Individual 08. Mar 19 08. Mar 19 1,000 CA$0.17 CA$165
08. Mar 19 Buy William Harris Individual 08. Mar 19 08. Mar 19 1,000 CA$0.17 CA$165
01. Jan 19 Buy Michael Rowley Individual 27. Dec 18 27. Dec 18 1,000 CA$0.15 CA$150
26. Dec 18 Buy Michael Rowley Individual 19. Dec 18 24. Dec 18 3,000 CA$0.15 CA$428
17. Dec 18 Buy Michael Rowley Individual 12. Dec 18 12. Dec 18 6,000 CA$0.13 CA$757
30. Nov 18 Buy Alicia Milne Individual 26. Nov 18 26. Nov 18 10,000 CA$0.15 CA$1,500
07. Dec 18 Buy Michael Rowley Individual 03. Dec 18 04. Dec 18 2,000 CA$0.14 CA$278
30. Nov 18 Buy Midnight Mining Services Ltd Company 26. Nov 18 26. Nov 18 350,000 CA$0.15 CA$52,500
30. Nov 18 Buy Gregory Johnson Individual 26. Nov 18 26. Nov 18 350,000 CA$0.15 CA$52,500
27. Nov 18 Buy Michael Rowley Individual 23. Nov 18 23. Nov 18 80,339 CA$0.15 CA$12,051
26. Nov 18 Buy Michael Rowley Individual 21. Nov 18 22. Nov 18 2,000 CA$0.15 CA$294
18. Nov 18 Buy Michael Rowley Individual 05. Nov 18 16. Nov 18 5,000 CA$0.16 CA$765
05. Nov 18 Buy Michael Rowley Individual 01. Nov 18 01. Nov 18 1,000 CA$0.15 CA$150
30. Oct 18 Buy Michael Rowley Individual 26. Oct 18 26. Oct 18 15,000 CA$0.15 CA$2,250
22. Oct 18 Buy Michael Rowley Individual 16. Oct 18 16. Oct 18 1,000 CA$0.17 CA$165
15. Oct 18 Buy Michael Rowley Individual 12. Oct 18 12. Oct 18 2,000 CA$0.15 CA$310
08. Oct 18 Buy Michael Rowley Individual 04. Oct 18 04. Oct 18 3,000 CA$0.16 CA$480
30. Sep 18 Buy Michael Rowley Individual 25. Sep 18 28. Sep 18 3,000 CA$0.16 CA$478
23. Sep 18 Buy Michael Rowley Individual 21. Sep 18 21. Sep 18 1,000 CA$0.17 CA$170
20. Sep 18 Buy Michael Rowley Individual 17. Sep 18 17. Sep 18 1,000 CA$0.15 CA$150
15. Sep 18 Buy Michael Rowley Individual 12. Sep 18 12. Sep 18 2,500 CA$0.17 CA$425
09. Sep 18 Buy Michael Rowley Individual 04. Sep 18 04. Sep 18 1,500 CA$0.15 CA$225
05. Sep 18 Buy Michael Rowley Individual 04. Sep 18 04. Sep 18 1,500 CA$0.16 CA$247
31. Aug 18 Buy Michael Rowley Individual 30. Aug 18 30. Aug 18 1,000 CA$0.18 CA$180
28. Aug 18 Buy Gregor Hamilton Individual 22. Aug 18 22. Aug 18 200,000 CA$0.20 CA$40,000
23. Aug 18 Buy Michael Rowley Individual 22. Aug 18 22. Aug 18 240,000 CA$0.20 CA$48,000
14. Jul 18 Buy Michael Rowley Individual 09. Jul 18 09. Jul 18 1,000 CA$0.18 CA$180
31. Jul 18 Buy Michael Rowley Individual 31. Jul 18 31. Jul 18 9,000 CA$0.15 CA$1,350
27. Jul 18 Buy Michael Rowley Individual 27. Jul 18 27. Jul 18 27,000 CA$0.17 CA$4,590
11. May 18 Buy Michael Rowley Individual 10. May 18 10. May 18 2,000 CA$0.22 CA$430
26. Apr 18 Buy William Harris Individual 24. Apr 18 24. Apr 18 6,000 CA$0.20 CA$1,200
23. Apr 18 Buy Michael Rowley Individual 16. Apr 18 17. Apr 18 3,000 CA$0.22 CA$649
X
Management checks
We assess Group Ten Metals'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. Group Ten Metals 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

If You Had Bought Group Ten Metals Shares Five Years Ago You'd Have Made 39%

To wit, the Group Ten Metals share price has climbed 39% in five years, easily topping the market return of 22%. … With zero revenue generated over twelve months, we Group Ten Metals has proved its business plan yet. … For example, investors may be hoping that Group Ten Metals finds some valuable resources, before it runs out of money.

Simply Wall St -

Breaking Down Group Ten Metals Inc's (CVE:PGE) Ownership Structure

I am going to take a deep dive into Group Ten Metals Inc’s (CVE:PGE) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure of a company has been found to affect share performance over time. … It also impacts the trading environment of company shares, which is more of a concern for short-term investors.

Simply Wall St -

Company Info

Description

Group Ten Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for gold, platinum group metals, gold, nickel, copper, and cobalt. The company holds interest in Yukon properties, Canada, which covers catalyst/CKR, spy, ultra claims, ellen, and outpost, and pacer claims; the Duke Island property, which comprises 31 unpatented claims located south of Ketchikan in the Alexander Platinum Belt of southeast Alaska; and the Black Lake-Drayton project in Ontario, which covers approximately 11,478 contiguous hectares. The company was formerly known as Duncastle Gold Corp. and changed its name to Group Ten Metals Inc. in February 2015. Group Ten Metals Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Group Ten Metals Inc.
PGE
Exchange: TSXV
Founded: 2006
CA$10,062,992
59,194,071
Website: http://www.grouptenmetals.com
Address: Group Ten Metals Inc.
409 Granville Street,
Suite 904,
Vancouver,
British Columbia, V6C 1T2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PGE Common Shares TSX Venture Exchange CA CAD 27. Sep 2007
OTCPK PGEZ.F Common Shares Pink Sheets LLC US USD 27. Sep 2007
DB 5D32 Common Shares Deutsche Boerse AG DE EUR 27. Sep 2007
DB A2AN4B COM NPV(POST REV SPLIT) Deutsche Boerse AG DE EUR 25. Mar 2019
Number of employees
Current staff
Staff numbers
0
Group Ten Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:09
End of day share price update: 2019/03/22 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.