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Galane Gold

DB:25G
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
25G
DB
CA$10M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Galane Gold Ltd., through its subsidiaries, engages in the exploration for, development, and operation of gold mining properties. The last earnings update was 148 days ago. More info.


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  • Galane Gold has significant price volatility in the past 3 months.
25G Share Price and Events
7 Day Returns
-8.7%
DB:25G
0%
DE Metals and Mining
1%
DE Market
1 Year Returns
-44.7%
DB:25G
-38.3%
DE Metals and Mining
-5.6%
DE Market
25G Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Galane Gold (25G) -8.7% -8.7% -22.2% -44.7% -51.2% -
DE Metals and Mining 0% 7.1% -6.8% -38.3% -24.5% -23.4%
DE Market 1% 6.1% 8.4% -5.6% 10.9% 13.8%
1 Year Return vs Industry and Market
  • 25G underperformed the Metals and Mining industry which returned -38.3% over the past year.
  • 25G underperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
25G
Industry
5yr Volatility vs Market

25G Value

 Is Galane Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Galane Gold to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Galane Gold.

DB:25G Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:25G
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.132 (1 + (1- 26.5%) (196.55%))
2.184
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 5.96%)
12.15%

Discounted Cash Flow Calculation for DB:25G using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Galane Gold is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:25G DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.15%)
2019 1.24 Est @ -33.72% 1.10
2020 0.94 Est @ -23.54% 0.75
2021 0.79 Est @ -16.41% 0.56
2022 0.70 Est @ -11.42% 0.44
2023 0.64 Est @ -7.92% 0.36
2024 0.61 Est @ -5.48% 0.31
2025 0.59 Est @ -3.77% 0.26
2026 0.57 Est @ -2.57% 0.23
2027 0.56 Est @ -1.73% 0.20
2028 0.55 Est @ -1.14% 0.18
Present value of next 10 years cash flows $4.39
DB:25G DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.55 × (1 + 0.23%) ÷ (12.15% – 0.23%)
$4.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4.66 ÷ (1 + 12.15%)10
$1.48
DB:25G Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4.39 + $1.48
$5.87
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5.87 / 200.80
$0.07
DB:25G Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSXV:GG)
1.349
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.03 x 1.349
CA$0.04
Non-primary Listing Adjustment Factor 1 share in DB:25G represents 0.42x of TSXV:GG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.42x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.04 x 0.42
€0.02
Value per share (EUR) From above. €0.02
Current discount Discount to share price of €0.02
= -1 x (€0.02 - €0.02) / €0.02
-26.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Galane Gold is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Galane Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Galane Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:25G PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.01
TSXV:GG Share Price ** TSXV (2019-04-24) in CAD CA$0.05
TSXV:GG Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.741 $0.04
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 14.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Galane Gold.

DB:25G PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:GG Share Price ÷ EPS (both in USD)

= 0.04 ÷ 0.01

3.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galane Gold is good value based on earnings compared to the DE Metals and Mining industry average.
  • Galane Gold is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Galane Gold's expected growth come at a high price?
Raw Data
DB:25G PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.33x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 62 Publicly-Listed Metals and Mining Companies 0.7x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Galane Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Galane Gold's assets?
Raw Data
DB:25G PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.09
TSXV:GG Share Price * TSXV (2019-04-24) in CAD CA$0.05
TSXV:GG Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.741 $0.04
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 1.85x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:25G PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:GG Share Price ÷ Book Value per Share (both in USD)

= 0.04 ÷ 0.09

0.39x

* Primary Listing of Galane Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Galane Gold is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Galane Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Galane Gold has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

25G Future Performance

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

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 Galane 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Galane Gold expected to grow at an attractive rate?
  • Unable to compare Galane Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Galane Gold's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Galane Gold's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:25G Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:25G Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:25G Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:25G Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 44 6 2
2018-06-30 45 8 4
2018-03-31 40 7 0
2017-12-31 37 7 -2
2017-09-30 34 6 -7
2017-06-30 31 6 -10
2017-03-31 32 5 -8
2016-12-31 33 5 -6
2016-09-30 32 3 -6
2016-06-30 32 2 -5
2016-03-31 28 4 -9
2015-12-31 26 2 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Galane Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Galane Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:25G Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Galane Gold Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:25G Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:25G Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.01
2018-06-30 0.03
2018-03-31 0.00
2017-12-31 -0.02
2017-09-30 -0.05
2017-06-30 -0.07
2017-03-31 -0.06
2016-12-31 -0.05
2016-09-30 -0.06
2016-06-30 -0.07
2016-03-31 -0.15
2015-12-31 -0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Galane Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Galane Gold is trading at Galane Gold'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Galane Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Galane Gold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Galane Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Galane Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

25G Past Performance

  How has Galane Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Galane Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Galane Gold has delivered over 20% year on year earnings growth in the past 5 years.
  • Galane Gold has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Galane Gold has become profitable in the last year making it difficult to compare the DE Metals and Mining industry average.
Earnings and Revenue History
Galane Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Galane Gold Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:25G Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 44.19 1.63 2.69
2018-06-30 45.43 4.18 2.47
2018-03-31 40.48 0.45 2.29
2017-12-31 37.30 -2.34 2.10
2017-09-30 34.32 -7.10 2.15
2017-06-30 30.91 -9.68 2.16
2017-03-31 32.04 -8.16 2.12
2016-12-31 32.66 -5.92 2.13
2016-09-30 31.85 -5.90 2.07
2016-06-30 31.98 -5.25 1.97
2016-03-31 27.81 -8.75 2.09
2015-12-31 26.23 -8.69 2.19
2015-09-30 27.26 -5.25 2.59
2015-06-30 28.19 -4.83 2.70
2015-03-31 33.79 -2.21 2.75
2014-12-31 40.46 1.88 2.63
2014-09-30 46.43 4.58 2.96
2014-06-30 50.82 2.92 2.88
2014-03-31 54.09 -22.47 2.84
2013-12-31 53.82 -28.78 2.97
2013-09-30 54.27 -34.30 4.98
2013-06-30 59.76 -24.67 4.86
2013-03-31 68.17 1.78 5.18
2012-12-31 81.94 17.41 4.87
2012-09-30 94.85 25.24 2.02
2012-06-30 76.99 13.59 2.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Galane Gold has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Galane Gold used its assets more efficiently than the DE Metals and Mining industry average last year based on Return on Assets.
  • Galane Gold has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Galane Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Galane Gold has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

25G Health

 How is Galane Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Galane Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Galane Gold's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Galane Gold's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Galane Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Galane Gold Company Filings, last reported 6 months ago.

DB:25G Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 13.93 14.62 3.06
2018-06-30 15.14 14.77 3.69
2018-03-31 12.68 14.95 2.43
2017-12-31 14.09 14.98 2.55
2017-09-30 11.95 16.32 1.76
2017-06-30 10.59 16.47 1.20
2017-03-31 11.82 16.47 1.24
2016-12-31 16.02 15.46 0.82
2016-09-30 18.97 15.22 2.01
2016-06-30 20.45 14.86 2.43
2016-03-31 19.73 14.26 2.20
2015-12-31 22.07 13.91 1.89
2015-09-30 23.16 7.79 2.81
2015-06-30 23.75 8.45 4.31
2015-03-31 26.96 9.13 6.57
2014-12-31 28.81 8.69 9.65
2014-09-30 28.05 8.70 12.05
2014-06-30 28.14 5.79 11.23
2014-03-31 28.74 5.25 11.64
2013-12-31 26.59 2.80 11.24
2013-09-30 22.97 2.82 7.21
2013-06-30 24.84 2.86 6.32
2013-03-31 50.93 2.85 3.97
2012-12-31 55.07 4.14 15.27
2012-09-30 54.60 4.27 14.61
2012-06-30 46.84 4.07 15.69
  • Galane Gold's level of debt (105%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (12.3% vs 105% today).
  • Debt is well covered by operating cash flow (41.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 20x coverage).
X
Financial health checks
We assess Galane Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Galane Gold has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

25G Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Galane Gold dividends.
If you bought €2,000 of Galane Gold shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Galane Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Galane Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:25G Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:25G Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Galane Gold has not reported any payouts.
  • Unable to verify if Galane Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Galane Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Galane Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Galane Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Galane Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Galane Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

25G Management

 What is the CEO of Galane Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nick Brodie
COMPENSATION $1,027,301
TENURE AS CEO 4.4 years
CEO Bio

Mr. Nicholas Brodie, also known as Nick, has been the Chief Executive Officer of Galane Gold Ltd. since November 10, 2014. Mr. Brodie served as Chief Financial Officer of Galane Gold Ltd. from October 4, 2012 to November 10, 2014. Mr. Brodie has over 15 years of financial control, asset management and treasury experience. He served as the Chief Financial Officer of Katanga Mining Limited from December 9, 2008 to April 7, 2011. Mr. Brodie joined Katanga in November 2006 as Finance Director. Previously, Mr. Brodie served as the Chief Financial Officer of Copperbelt Energy Corporation PLC since December 2004, where he was responsible for the Finance, Procurement and Supply and Information Technology functions. Prior to joining Copperbelt Energy, he served as the Head, Finance of Cinergy Global Trading Ltd. and CGP (UK) Ltd. He held various senior positions in a number of UK and international firms, including Financial Controller of the UK subsidiary at Total SA. He also held senior financial role at Misys International Banking Systems and started his career in auditing. He has been a Director at Galane Gold Ltd. since November 10, 2014. He served as a Director of UKEP Limited. Mr. Brodie is a Fellow of the Association of Certified Chartered Accountants. He holds a BSc (Hons) degree in Geography.

CEO Compensation
  • Nick's compensation has increased in line with Galane Gold recently becoming profitable.
  • Nick's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Galane Gold management team in years:

4.4
Average Tenure
  • The tenure for the Galane Gold management team is about average.
Management Team

Nick Brodie

TITLE
CEO & Director
COMPENSATION
$1M
TENURE
4.4 yrs

Gavin Vandervegt

TITLE
Chief Financial Officer
COMPENSATION
$411K
TENURE
2.5 yrs

Wayne Hatton-Jones

TITLE
COO & GM
COMPENSATION
$926K
AGE
55
TENURE
4.4 yrs

Richard Kimel

TITLE
Corporate Secretary
AGE
51
Board of Directors Tenure

Average tenure and age of the Galane Gold board of directors in years:

7.7
Average Tenure
48
Average Age
  • The tenure for the Galane Gold board of directors is about average.
Board of Directors

Ravi Sood

TITLE
Chairman of the Board
COMPENSATION
$231K
AGE
41
TENURE
9.3 yrs

Nick Brodie

TITLE
CEO & Director
COMPENSATION
$1M
TENURE
4.4 yrs

Wayne Hatton-Jones

TITLE
COO & GM
COMPENSATION
$926K
AGE
55
TENURE
2.8 yrs

Ian Egan

TITLE
Director
COMPENSATION
$62K
AGE
70
TENURE
7.7 yrs

Amar Bhalla

TITLE
Director
COMPENSATION
$49K
AGE
41
TENURE
11.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Dec 18 Buy Amar Bhalla Individual 19. Dec 18 19. Dec 18 2,000,000 €0.03 €58,670
04. Oct 18 Buy Gavin Vandervegt Individual 01. Oct 18 01. Oct 18 975,000 €0.03 €32,882
04. Oct 18 Buy Amar Bhalla Individual 01. Oct 18 01. Oct 18 6,000,000 €0.03 €202,352
04. Oct 18 Buy Nicholas Brodie Individual 01. Oct 18 01. Oct 18 2,535,000 €0.03 €85,494
04. Oct 18 Buy Wayne Hatton-Jones Individual 01. Oct 18 01. Oct 18 1,053,000 €0.03 €35,513
X
Management checks
We assess Galane Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Galane Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

25G News

Simply Wall St News

25G Company Info

Description

Galane Gold Ltd., through its subsidiaries, engages in the exploration for, development, and operation of gold mining properties. It holds interest in the Mupane Property, which is located in the Republic of Botswana; and the Galaxy Property that is located in the Republic of South Africa. The company was incorporated in 2007 and is headquartered in Toronto, Canada.

Details
Name: Galane Gold Ltd.
25G
Exchange: DB
Founded: 2007
CA$6,647,661
200,804,760
Website: http://www.galanegold.com
Address: Galane Gold Ltd.
181 Bay Street,
Suite 1800,
Toronto,
Ontario, M5J 2T9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GG Common Shares TSX Venture Exchange CA CAD 01. Sep 2011
OTCPK GGGO.F Common Shares Pink Sheets LLC US USD 01. Sep 2011
DB 25G Common Shares Deutsche Boerse AG DE EUR 01. Sep 2011
Number of employees
Current staff
Staff numbers
174
Galane Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 23:01
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2018/04/17
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.