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
In this section, we usually try to help investors determine whether Core Gold is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Core Gold has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Core Gold. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Core Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
Core Gold has negative assets, we can't compare the value of its assets to the DE Metals and Mining industry average.
Take a look at our analysis of D3S’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Core Gold's regulatory filings and announcements.
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 Core 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Core Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Core Gold's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Core Gold's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Core Gold is high growth as no earnings estimate data is available.
Unable to determine if Core 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.
Core Gold's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
TENURE AS CEO
Mr. Mark H. Bailey, M.Sc. & P.Geo, has been Non-Executive Chairman of Entree Resources Ltd. since February 5, 2018 and its Director since June 28, 2002. Mr. Bailey has been Interim Chief Executive Officer of Core Gold Inc. since March 11, 2019 and its President March 2019. He is a registered professional geologist with experience, most recently in the role of President, CEO and Director of TSX-listed Minefinders Corporation Ltd. (“Minefinders”) from 1995 to its sale in 2012. Prior to his tenure with Minefinders, Mr. Bailey held senior positions with Equinox Resources Inc. and Exxon Minerals. Mr. Bailey worked as a consulting geologist with Mark H. Bailey & Associates LLC since 1984. He is presently a Director of Mason Resources Corp. since February 24, 2017 and owner of Mark H. Bailey & Associates LLC, a consulting Geologist company. Mr. Bailey has been a Director of Core Gold Inc. since September 2003. He serves as Non-Executive Chairman of Fiore Gold Ltd. and has been its Director since June 2017. Mr. Bailey holds a Master of Science degree in geology from Oregon State University and a Bachelor of Science degree in geology from the University of Washington.
Mark's compensation has been consistent with company performance over the past year.
Mark's remuneration is lower than average for companies of similar size in Germany.
CFO & Corporate Secretary
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Core Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
Core Gold insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Max Price (€)
22. Apr 19
Credipresto, S.A.P.I. de C.V., SOFOM, E.N.R., Asset Management Arm
Core Gold Inc. engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador. The company primarily explores for gold, copper, and silver deposits. Its flagship asset is the 100% owned Dynasty District, a 50,000 hectare land package, which includes five production and exploration targets. The company was formerly known as Dynasty Metals and Mining Inc. and changed its name to Core Gold Inc. in September 2017. Core Gold Inc. is headquartered in Vancouver, Canada.
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