Volcanic Gold Mines Inc. engages in the acquisition and exploration of mineral properties.
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Volcanic Gold Mines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VG has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: VG underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.
Return vs Market: VG underperformed the Canadian Market which returned -2% over the past year.
Price Volatility Vs. Market
How volatile is Volcanic Gold Mines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHave Insiders Been Buying Volcanic Gold Mines Inc. (CVE:VG) Shares This Year?
4 months ago | Simply Wall StIs Volcanic Gold Mines (CVE:VG) In A Good Position To Deliver On Growth Plans?
7 months ago | Simply Wall StDid You Manage To Avoid Volcanic Gold Mines's (CVE:VG) Devastating 71% Share Price Drop?
Is Volcanic Gold Mines 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 VG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: VG 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 VG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VG is overvalued based on its PB Ratio (4.9x) compared to the CA Metals and Mining industry average (1.5x).
How is Volcanic Gold Mines 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 Volcanic Gold Mines 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 Volcanic Gold Mines'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.
- Volcanic Gold Mines competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Volcanic Gold Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VG is currently unprofitable.
Growing Profit Margin: VG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VG is unprofitable, and losses have increased over the past 5 years at a rate of -34.5% per year.
Accelerating Growth: Unable to compare VG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: VG has a negative Return on Equity (-232.52%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Volcanic Gold Mines's financial position?
Financial Position Analysis
Short Term Liabilities: VG's short term assets (CA$213.0K) exceed its short term liabilities (CA$118.8K).
Long Term Liabilities: VG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VG is debt free.
Reducing Debt: VG had no debt 5 years ago.
Inventory Level: VG has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if VG's debt is covered by short term assets.
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: VG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Volcanic Gold Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate VG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VG'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 VG'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
Simon T. Ridgway (70yo)
Mr. Simon T. P. Ridgway is Founder of Radius Gold Inc. and Volcanic Gold Mines Inc. He serves as Chief Executive Officer at Volcanic Gold Mines Inc. since April 23, 2019 and has been its Director since Au ...
CEO Compensation Analysis
Compensation vs Market: Simon T.'s total compensation ($USD49.39K) is below average for companies of similar size in the Canadian market ($USD157.16K).
Compensation vs Earnings: Simon T.'s compensation has been consistent with company performance over the past year.
|Technical Advisor and Member of Advisory Board||0yrs||no data||no data|
|Independent Director||2.9yrs||no data||0.17% CA$2.7k|
|Director||12.8yrs||no data||4.05% CA$66.2k|
|Independent Director||6.1yrs||no data||no data|
Experienced Board: VG's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 14.8%.
Volcanic Gold Mines Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Volcanic Gold Mines Inc.
- Ticker: VG
- Exchange: TSXV
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$1.635m
- Shares outstanding: 8.60m
- Website: https://www.volgold.com
- Volcanic Gold Mines Inc.
- 200 Burrard Street
- Suite 650
- British Columbia
- V6C 3L6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 2008|
|CKC2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2008|
|VLMZ.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2008|
Volcanic Gold Mines Inc. engages in the acquisition and exploration of mineral properties. The company was formerly known as Volcanic Metals Corp. and changed its name to Volcanic Gold Mines Inc. in January 2017. Volcanic Gold Mines Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:11|
|End of Day Share Price||2020/02/25 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.