| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
WHG Stock Overview
Whitehorse Gold Corp. operates as a gold exploration and development company.
Whitehorse Gold Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.53 |
| 52 Week High | CA$1.59 |
| 52 Week Low | CA$0.43 |
| Beta | 0 |
| 1 Month Change | -10.17% |
| 3 Month Change | 6.00% |
| 1 Year Change | -66.67% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -24.29% |
Recent News & Updates
Shareholder Returns
| WHG | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -3.6% | -5.8% | -0.8% |
| 1Y | -66.7% | -18.2% | -5.0% |
Return vs Industry: WHG underperformed the Canadian Metals and Mining industry which returned -18.2% over the past year.
Return vs Market: WHG underperformed the Canadian Market which returned -5% over the past year.
Price Volatility
| WHG volatility | |
|---|---|
| WHG Average Weekly Movement | 8.0% |
| Metals and Mining Industry Average Movement | 11.1% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: WHG is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: WHG's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | 5 | Gord Neal | https://whitehorsegold.ca |
Whitehorse Gold Corp. operates as a gold exploration and development company. The company also explores for silver, lead, and zinc. It has a 100% interest in the Skukum gold project comprising 1,051 mineral claims covering an area of approximately 170.3 km2, including Mt.
Whitehorse Gold Fundamentals Summary
| WHG fundamental statistics | |
|---|---|
| Market Cap | CA$28.19m |
| Earnings (TTM) | -CA$2.06m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-13.7x
P/E RatioIs WHG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WHG income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$2.06m |
| Earnings | -CA$2.06m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.039 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did WHG perform over the long term?
See historical performance and comparisonValuation
Is WHG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WHG?
Other financial metrics that can be useful for relative valuation.
| What is WHG's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$28.19m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | -12.9x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does WHG's PB Ratio compare to its peers?
| WHG PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.5x | ||
AUAU Allegiant Gold | 0.9x | 26.7% | CA$28.7m |
ELEM Element79 Gold | 2.3x | -31.7% | CA$27.7m |
PUMA Puma Exploration | 2.2x | n/a | CA$28.9m |
RDS Radisson Mining Resources | 0.6x | n/a | CA$29.0m |
WHG Whitehorse Gold | 1x | n/a | CA$28.2m |
Price-To-Book vs Peers: WHG is good value based on its Price-To-Book Ratio (1x) compared to the peer average (1.5x).
Price to Earnings Ratio vs Industry
How does WHG's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: WHG is good value based on its Price-To-Book Ratio (1x) compared to the Canadian Metals and Mining industry average (1.6x)
Price to Book Ratio vs Fair Ratio
What is WHG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 1x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate WHG's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of WHG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate WHG's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate WHG's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WHG's PEG Ratio to determine if it is good value.
Discover undervalued companies
Future Growth
How is Whitehorse Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
8.3%
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 Whitehorse 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.
Discover growth companies
- Examine Whitehorse 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.
- Whitehorse Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Whitehorse Gold performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-119.8%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: WHG is currently unprofitable.
Growing Profit Margin: WHG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if WHG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare WHG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WHG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-6%).
Return on Equity
High ROE: WHG has a negative Return on Equity (-7.62%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Whitehorse Gold's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: WHG's short term assets (CA$3.8M) exceed its short term liabilities (CA$839.9K).
Long Term Liabilities: WHG's short term assets (CA$3.8M) exceed its long term liabilities (CA$6.7K).
Debt to Equity History and Analysis
Debt Level: WHG is debt free.
Reducing Debt: WHG had no debt 5 years ago.
Debt Coverage: WHG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WHG has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Dividend
What is Whitehorse Gold current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WHG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WHG'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 WHG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WHG's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as WHG has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average management tenure
CEO
Gord Neal (67 yo)
0.67
Tenure
CA$360,892
Compensation
Mr. Gordon Kenneth Neal, also known as Gord, serves as Chief Executive Officer at Whitehorse Gold Corp. He serves as Director since November 26, 2021 at Whitehorse Gold Corp. He serves as Director of Lithi...
CEO Compensation Analysis
Compensation vs Market: Gord's total compensation ($USD279.44K) is above average for companies of similar size in the Canadian market ($USD191.60K).
Compensation vs Earnings: Insufficient data to compare Gord's compensation with company performance.
Leadership Team
Experienced Management: WHG's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: WHG's board of directors are not considered experienced ( 1.2 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: WHG insiders have sold more shares than they have bought 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
Whitehorse Gold Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Whitehorse Gold Corp.
- Ticker: WHG
- Exchange: TSXV
- Founded: 2019
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$28.186m
- Shares outstanding: 53.18m
- Website: https://whitehorsegold.ca
Number of Employees
Location
- Whitehorse Gold Corp.
- 1066 West Hastings Street
- Suite 1750
- Vancouver
- British Columbia
- V6E 3X1
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/06/30 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.