TSXV:WAR

Stock Analysis Report

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Executive Summary

Warrior Gold Inc. engages in the acquisition and exploration of mineral resource properties with a focus on gold deposits and precious metals in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

14.3%

WAR

-3.1%

CA Metals and Mining

1.3%

CA Market


1 Year Return

-20.0%

WAR

46.3%

CA Metals and Mining

-13.7%

CA Market

Return vs Industry: WAR underperformed the Canadian Metals and Mining industry which returned 46.3% over the past year.

Return vs Market: WAR underperformed the Canadian Market which returned -13.7% over the past year.


Shareholder returns

WARIndustryMarket
7 Day14.3%-3.1%1.3%
30 Day45.5%5.6%4.2%
90 Day77.8%21.0%-13.6%
1 Year-20.0%-20.0%47.4%46.3%-10.7%-13.7%
3 Year60.0%60.0%24.3%22.1%-1.1%-10.3%
5 Year433.3%433.3%60.6%56.0%13.4%-3.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: WAR is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.7x).


Next Steps

Future Growth

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

23.3%

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 Warrior 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 Warrior Gold performed over the past 5 years?

-41.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WAR is currently unprofitable.

Growing Profit Margin: WAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WAR is unprofitable, and losses have increased over the past 5 years at a rate of -41.2% per year.

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

Earnings vs Industry: WAR 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: WAR has a negative Return on Equity (-36.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is Warrior Gold's financial position?


Financial Position Analysis

Short Term Liabilities: WAR's short term assets (CA$494.2K) exceed its short term liabilities (CA$164.2K).

Long Term Liabilities: WAR's short term assets (CA$494.2K) exceed its long term liabilities (CA$25.8K).


Debt to Equity History and Analysis

Debt Level: WAR is debt free.

Reducing Debt: WAR currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: WAR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WAR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if WAR'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 WAR'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?

2.3yrs

Average management tenure


CEO

Danièle Spethmann

2.25yrs

Tenure

CA$180,000

Compensation

Ms. Danièle Spethmann, P.Geo., serves as Chief Executive Officer, President, and Director of Champagne Resources Limited. She has been Chief Executive Officer, President, and Director of Warrior Gold Inc.  ...


CEO Compensation Analysis

Compensation vs Market: Danièle's total compensation ($USD130.38K) is about average for companies of similar size in the Canadian market ($USD155.71K).

Compensation vs Earnings: Danièle's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Danièle Spethmann
President2.25yrsCA$180.00k6.22% CA$339.2k
Salil Dhaumya
Chief Financial Officer9.75yrsCA$48.00k0.11% CA$6.0k
Joanne Jobin
Investor Relations Officerno datano datano data
Thomas Neelands
Chief Geologist2.25yrsno datano data
Betty Anne Loy
Corporate Secretaryno datano datano data

2.3yrs

Average Tenure

Experienced Management: WAR's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Danièle Spethmann
President2.25yrsCA$180.00k6.22% CA$339.2k
Gary Nassif
Director0.50yrno datano data
Peter Winnell
Independent Director2.25yrsno data0.54% CA$29.2k
Stephen Burleton
Director0.25yrno data0.37% CA$20.0k

1.4yrs

Average Tenure

Experienced Board: WAR's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.5%.


Top Shareholders

Company Information

Warrior Gold Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Warrior Gold Inc.
  • Ticker: WAR
  • Exchange: TSXV
  • Founded: 1984
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$5.451m
  • Shares outstanding: 68.14m
  • Website: https://www.warriorgoldinc.com

Location

  • Warrior Gold Inc.
  • 25 Adelaide Street East
  • Suite 1400
  • Toronto
  • Ontario
  • M5C 3A1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WARTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
WARG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Warrior Gold Inc. engages in the acquisition and exploration of mineral resource properties with a focus on gold deposits and precious metals in Canada. It holds a 100% interest in its principal project the Goodfish-Kirana property that comprises 28-patented claims with 217 operational cells covering 3,859 hectares located in Kirkland Lake, Ontario. The company was formerly known as War Eagle Mining Company Inc. and changed its name to Warrior Gold Inc. in September 2018. Warrior Gold Inc. was incorporated in 1984 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 09:44
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.