Solstice Gold Corp. engages in the exploration of mineral resource properties in Canada.
Flawless balance sheet and overvalued.
Share Price & News
How has Solstice Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SGC'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: SGC underperformed the Canadian Metals and Mining industry which returned 40.8% over the past year.
Return vs Market: SGC underperformed the Canadian Market which returned -12% over the past year.
Price Volatility Vs. Market
How volatile is Solstice Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHere's Why Solstice Gold (CVE:SGC) Must Use Its Cash Wisely
2 months ago | Simply Wall StShould You Take Comfort From Insider Transactions At Solstice Gold Corp. (CVE:SGC)?
3 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Solstice Gold Corp. (CVE:SGC)?
Is Solstice 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 SGC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SGC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SGC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: SGC 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 SGC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SGC is good value based on its PB Ratio (0.2x) compared to the CA Metals and Mining industry average (1.7x).
How is Solstice 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 Solstice 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 Solstice 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.
- Solstice 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 Solstice Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SGC is currently unprofitable.
Growing Profit Margin: SGC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SGC is unprofitable, and losses have increased over the past 5 years at a rate of -16.3% per year.
Accelerating Growth: Unable to compare SGC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SGC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (15.5%).
Return on Equity
High ROE: SGC has a negative Return on Equity (-3.85%), as it is currently unprofitable.
How is Solstice Gold's financial position?
Financial Position Analysis
Short Term Liabilities: SGC's short term assets (CA$1.3M) exceed its short term liabilities (CA$114.2K).
Long Term Liabilities: SGC's short term assets (CA$1.3M) exceed its long term liabilities (CA$470.5K).
Debt to Equity History and Analysis
Debt Level: SGC is debt free.
Reducing Debt: SGC 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: SGC has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SGC is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
What is Solstice Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SGC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SGC'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 SGC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SGC'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 SGC'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
Solstice Gold has no CEO, or we have no data on them.
|Executive Chairman||no data||CA$250.00k||4.08% CA$223.6k|
|President & Director||2yrs||CA$210.00k||0.80% CA$43.6k|
|Senior Consultant & Director||2.58yrs||no data||0.43% CA$23.7k|
|Independent Director||2.58yrs||no data||no data|
|Independent Director||2.58yrs||no data||0.12% CA$6.8k|
Experienced Board: SGC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SGC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Solstice Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Solstice Gold Corp.
- Ticker: SGC
- Exchange: TSXV
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$5.474m
- Shares outstanding: 99.53m
- Website: https://www.solsticegold.com
- Solstice Gold Corp.
- 800 West Pender Street
- Suite 1020
- British Columbia
- V6C 2V6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SGC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||May 2018|
Solstice Gold Corp. engages in the exploration of mineral resource properties in Canada. The company explores for gold and diamond deposits. It holds 100% interest in the Kahuna gold project covering 928 square kilometers located near Rankin Inlet, Nunavut, as well as other rights covering an adjacent 805 square kilometers. The company was formerly known as Dunnedin Gold Inc., and changed its name to Solstice Gold Corp. in September 2017. Solstice Gold Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 06:35|
|End of Day Share Price||2020/05/29 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.