Goldrea Resources Corp. acquires, explores for, and develops mineral properties in Canada and the United States.
+ 2 more risks
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Goldrea Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GOJ1'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: GOJ1 underperformed the German Metals and Mining industry which returned -51.9% over the past year.
Return vs Market: GOJ1 underperformed the German Market which returned -17.5% over the past year.
Price Volatility Vs. Market
How volatile is Goldrea Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Goldrea Resources 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 GOJ1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GOJ1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GOJ1 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: GOJ1 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 GOJ1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GOJ1 is overvalued based on its PB Ratio (5.7x) compared to the DE Metals and Mining industry average (2x).
How is Goldrea Resources 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 Goldrea Resources 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 GOJ1’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.
- Goldrea Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Goldrea Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOJ1 is currently unprofitable.
Growing Profit Margin: GOJ1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GOJ1 is unprofitable, and losses have increased over the past 5 years at a rate of -2.4% per year.
Accelerating Growth: Unable to compare GOJ1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GOJ1 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: GOJ1 has a negative Return on Equity (-822.78%), as it is currently unprofitable.
How is Goldrea Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GOJ1's short term assets (CA$18.2K) do not cover its short term liabilities (CA$202.8K).
Long Term Liabilities: GOJ1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GOJ1's debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GOJ1's debt to equity ratio has reduced over the past 5 years.
Inventory Level: GOJ1 has a high level of physical assets or inventory.
Debt Coverage by Assets: GOJ1's debt is not covered by short term assets (assets are 0.5x 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: GOJ1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GOJ1 has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.
What is Goldrea Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GOJ1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GOJ1'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 GOJ1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GOJ1'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 GOJ1'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 board tenure
Mr. James Elbert, also known as Jim, has been the Chief Executive Officer and President for Goldrea Resources Corp. since July 9, 2012. Mr. Elbert was Interim Chief Executive Officer and Director of Electr ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD432.27K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|Independent Director||39yrs||no data||no data|
|Director||4.92yrs||no data||0.58% CA$4.0k|
|Director||0.92yr||no data||no data|
Experienced Board: GOJ1's board of directors are considered experienced (6.3 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.6%.
Goldrea Resources Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Goldrea Resources Corp.
- Ticker: GOJ1
- Exchange: DB
- Founded: 1981
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: US$754.343k
- Listing Market Cap: US$680.342k
- Shares outstanding: 42.14m
- Website: https://www.goldrea.com
- Goldrea Resources Corp.
- 543 Granville Street
- 5th Floor
- British Columbia
- V6C 1X8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GOR||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|GOJ1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|GORA.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
Goldrea Resources Corp. acquires, explores for, and develops mineral properties in Canada and the United States. It explores for gold, copper, silver, platinum, palladium, molybdenum, iron, and other metal deposits. The company owns interests in the Cannonball property covering an area of 1,490 hectares located in northwestern British Columbia; Gaspe lithium property located to the northwest of the city of Gaspe, Quebec; and Adjacent property totaling an area of 17.75 hectares located in northwestern British Columbia. Goldrea Resources Corp. was incorporated in 1981 and is based in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 20:33|
|End of Day Share Price||2020/03/27 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.