TSXV:RGC

Stock Analysis Report

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Executive Summary

Redstar Gold Corp. engages in the acquisition, exploration, and development of mineral properties in North America.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

RGC

-5.3%

CA Metals and Mining

1.9%

CA Market


1 Year Return

40.0%

RGC

40.8%

CA Metals and Mining

-12.0%

CA Market

Return vs Industry: RGC underperformed the Canadian Metals and Mining industry which returned 47.4% over the past year.

Return vs Market: RGC exceeded the Canadian Market which returned -14.5% over the past year.


Shareholder returns

RGCIndustryMarket
7 Day0%-5.3%1.9%
30 Day0%1.7%3.5%
90 Day0%22.9%-10.5%
1 Year40.0%40.0%41.8%40.8%-8.9%-12.0%
3 Year-69.6%-69.6%19.5%17.4%-0.1%-9.4%
5 Year-36.4%-36.4%53.3%49.0%14.7%-2.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: RGC is overvalued based on its PB Ratio (1.8x) compared to the CA Metals and Mining industry average (1.7x).


Next Steps

Future Growth

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

23.4%

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 Redstar Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Redstar Gold performed over the past 5 years?

0.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RGC is currently unprofitable.

Growing Profit Margin: RGC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RGC is unprofitable, but has reduced losses over the past 5 years at a rate of 0.2% per year.

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

Earnings vs Industry: RGC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.1%).


Return on Equity

High ROE: RGC has a negative Return on Equity (-38.67%), as it is currently unprofitable.


Next Steps

Financial Health

How is Redstar Gold's financial position?


Financial Position Analysis

Short Term Liabilities: RGC's short term assets (CA$1.9M) exceed its short term liabilities (CA$255.8K).

Long Term Liabilities: RGC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RGC is debt free.

Reducing Debt: RGC has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: RGC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RGC has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 11.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RGC'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 RGC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Redstar Gold has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Jacques Vaillancourt
Executive Chairman6.75yrsCA$65.00k14.08% CA$1.5m
John Gray
President & Director1.17yrsCA$184.06k0.092% CA$9.7k
Mark Brown
Chief Financial Officer3.17yrsCA$61.50kno data
Susan Mitchell
Consultantno dataCA$15.98kno data
Sheryl Dhillon
Corporate Secretary4.58yrsno datano data

2.2yrs

Average Tenure

Experienced Management: RGC's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jacques Vaillancourt
Executive Chairman6.75yrsCA$65.00k14.08% CA$1.5m
John Gray
President & Director1.17yrsCA$184.06k0.092% CA$9.7k
George Ireland
Independent Director3.5yrsCA$20.62k0.67% CA$69.9k
Kenneth Booth
Independent Director6.17yrsCA$20.62k0.048% CA$5.1k
Sean Keenan
Independent Director5.5yrsCA$22.13k0.21% CA$21.9k
Patrick Chidley
Director0.67yrno data0.76% CA$80.0k

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: RGC's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RGC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Redstar Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Redstar Gold Corp.
  • Ticker: RGC
  • Exchange: TSXV
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$10.502m
  • Shares outstanding: 300.05m
  • Website: https://www.redstargold.com

Location

  • Redstar Gold Corp.
  • 409 Granville Street
  • Suite 1500
  • Vancouver
  • British Columbia
  • V6C 1T2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RGCTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 1989
RGCT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1989
RGGDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1989

Biography

Redstar Gold Corp. engages in the acquisition, exploration, and development of mineral properties in North America. The company explores for gold and silver deposits. It primarily focuses on the Unga Gold project that covers an area of approximately 240 sq. kms in Alaska. The company is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 16:30
End of Day Share Price2020/05/25 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.