Core Gold Inc. engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador.
+ 2 more risks
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Core Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: D3S's share price has been volatile over the past 3 months.
7 Day Return
DE Metals and Mining
1 Year Return
DE Metals and Mining
Return vs Industry: D3S underperformed the German Metals and Mining industry which returned -51.9% over the past year.
Return vs Market: D3S underperformed the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is Core Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Core Gold undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate D3S's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate D3S's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: D3S is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: D3S 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 D3S's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: D3S is overvalued based on its PB Ratio (8.2x) compared to the DE Metals and Mining industry average (2x).
How is Core Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 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 SimplyWall St do have past financial data.
- 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.
- Core Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Core Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: D3S is currently unprofitable.
Growing Profit Margin: D3S is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: D3S is unprofitable, and losses have increased over the past 5 years at a rate of -5.2% per year.
Accelerating Growth: Unable to compare D3S's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: D3S 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: D3S has a negative Return on Equity (-153.55%), as it is currently unprofitable.
How is Core Gold's financial position?
Financial Position Analysis
Short Term Liabilities: D3S's short term assets ($5.7M) do not cover its short term liabilities ($19.0M).
Long Term Liabilities: D3S's short term assets ($5.7M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: D3S's debt to equity ratio (210.6%) is considered high.
Reducing Debt: D3S's debt to equity ratio has increased from 1.6% to 210.6% over the past 5 years.
Inventory Level: D3S has a high level of physical assets or inventory.
Debt Coverage by Assets: D3S's debt is covered by short term assets (assets are 1.3x 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: D3S has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: D3S has less than a year of cash runway if free cash flow continues to grow at historical rates of 13.1% each year.
What is Core Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate D3S's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate D3S'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 D3S's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if D3S'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 D3S's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Bailey (70yo)
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 Chief Executive Officer of Core ...
|CEO, President & Director||1yr||US$83.72k||0.23% $24.9k|
|CFO & Corporate Secretary||3.5yrs||US$369.00k||no data|
|Chief Operating Officer||0.58yr||no data||no data|
Experienced Management: D3S's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|CEO, President & Director||1yr||US$83.72k||0.23% $24.9k|
|Lead Director||3.5yrs||US$124.09k||0.12% $12.5k|
|Independent Director||3.5yrs||US$134.23k||0.13% $13.6k|
|Director||no data||no data||no data|
Experienced Board: D3S's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: D3S insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.6%.
Core Gold Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Core Gold Inc.
- Ticker: D3S
- Exchange: DB
- Industry: Gold
- Sector: Materials
- Market Cap: CA$16.688m
- Listing Market Cap: CA$10.694m
- Shares outstanding: 166.88m
- Website: https://www.coregoldinc.com
Number of Employees
- Core Gold Inc.
- 1166 Alberni Street
- Suite 1201
- British Columbia
- V6E 3Z3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CGLD||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 2003|
|D3S||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2003|
|CGLD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 2003|
Core Gold Inc. engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador. The company explores for gold, copper, and silver deposits. Its principal property is the Dynasty Goldfield project that includes 52 concessions covering an area of 970 sq. km located in Loja Province. The company was formerly known as Dynasty Metals and Mining Inc. and changed its name to Core Gold Inc. in September 2017.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:26|
|End of Day Share Price||2020/03/30 00:00|
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.