DB:7PB

Stock Analysis Report

Executive Summary

Viva Gold Corp. engages in the acquisition, exploration, and development of precious metal properties in Nevada, the United States.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 7PB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

68.4%

7PB

13.5%

DE Metals and Mining

9.9%

DE Market


1 Year Return

-42.1%

7PB

-54.1%

DE Metals and Mining

-17.5%

DE Market

Return vs Industry: 7PB exceeded the German Metals and Mining industry which returned -54.1% over the past year.

Return vs Market: 7PB underperformed the German Market which returned -17.5% over the past year.


Shareholder returns

7PBIndustryMarket
7 Day68.4%13.5%9.9%
30 Day-20.0%-34.8%-16.6%
90 Day-22.4%-51.0%-24.8%
1 Year-42.1%-42.1%-53.6%-54.1%-15.0%-17.5%
3 Yearn/a-70.0%-71.0%-17.4%-24.5%
5 Yearn/a-69.6%-71.1%-16.6%-28.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

12.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 7PB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 7PB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 7PB is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 7PB is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 7PB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 7PB is overvalued based on its PB Ratio (12.4x) compared to the DE Metals and Mining industry average (2x).


Next Steps

Future Growth

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

10.8%

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 Viva 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 Viva Gold performed over the past 5 years?

-54.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7PB is currently unprofitable.

Growing Profit Margin: 7PB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 7PB is unprofitable, and losses have increased over the past 5 years at a rate of -54.7% per year.

Accelerating Growth: Unable to compare 7PB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 7PB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.9%).


Return on Equity

High ROE: 7PB has a negative Return on Equity (-345.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is Viva Gold's financial position?


Financial Position Analysis

Short Term Liabilities: 7PB's short term assets (CA$203.7K) do not cover its short term liabilities (CA$361.7K).

Long Term Liabilities: 7PB's short term assets (CA$203.7K) exceed its long term liabilities (CA$164.1K).


Debt to Equity History and Analysis

Debt Level: 7PB's debt to equity ratio (47.1%) is considered high.

Reducing Debt: Insufficient data to determine if 7PB's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: 7PB has a high level of physical assets or inventory.

Debt Coverage by Assets: 7PB's debt is not covered by short term assets (assets are 0.8x debt).


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: 7PB has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 7PB has less than a year of cash runway if free cash flow continues to reduce at historical rates of -53.6% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 7PB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 7PB'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 7PB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 7PB'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 7PB's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Jim Hesketh (61yo)

2.83s

Tenure

CA$387,082

Compensation

Mr. James K. B. Hesketh, also known as Jim, M.Sc., has been President and Chief Executive Officer of Viva Gold Corp. (Also known as Aintree Resources Inc.) since May 10, 2017 and has been its Director sinc ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD273.76K) is below average for companies of similar size in the German market ($USD431.45K).

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
James K. Hesketh
CEO, President & Director2.83yrsCA$387.08k7.32% CA$318.6k
Christopher Herald
Chairman2.25yrsCA$73.04k0.79% CA$34.5k
Bradley Blacketor
Independent Director2.25yrsCA$73.04kno data
Gary MacDonald
Independent Director6yrsCA$73.04k0.046% CA$2.0k
Edward Mahoney
Independent Director1yrno datano data

2.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 7PB's board of directors are not considered experienced ( 2.3 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: Insufficient data to determine if 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 26.8%.


Top Shareholders

Company Information

Viva Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Viva Gold Corp.
  • Ticker: 7PB
  • Exchange: DB
  • Founded: 2009
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$6.792m
  • Listing Market Cap: CA$4.354m
  • Shares outstanding: 27.17m
  • Website: https://www.vivagoldcorp.com

Location

  • Viva Gold Corp.
  • 8047 199 Street
  • Suite 302
  • Langley
  • British Columbia
  • V2Y 0E2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VAUTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2010
7PBDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2010
VAUC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2010

Biography

Viva Gold Corp. engages in the acquisition, exploration, and development of precious metal properties in Nevada, the United States. It holds 100% interest in the Tonopah gold project, an exploration/evaluation project with 444 unpatented mineral claims covering an area of 8,762 acres located in Ralston Valley, Nevada. The company was formerly known as Aintree Resources Inc. and changed its name to Viva Gold Corp. in January 2018. Viva Gold Corp. was incorporated in 2009 and is based in Langley, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 01:24
End of Day Share Price2020/03/30 00:00
Earnings2020/01/31
Annual Earnings2019/10/31


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.