DB:RGG

Stock Analysis Report

Executive Summary

Redstar Gold Corp. engages in the acquisition, exploration, and development of mineral properties in North America.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

233.3%

RGG

-2.4%

DE Metals and Mining

-0.6%

DE Market


1 Year Return

-16.7%

RGG

-56.5%

DE Metals and Mining

-20.9%

DE Market

Return vs Industry: RGG exceeded the German Metals and Mining industry which returned -56.5% over the past year.

Return vs Market: RGG underperformed the German Market which returned -20.9% over the past year.


Shareholder returns

RGGIndustryMarket
7 Day233.3%-2.4%-0.6%
30 Day-25.9%-26.7%-16.6%
90 Day33.3%-52.1%-26.0%
1 Year-16.7%-16.7%-56.0%-56.5%-18.6%-20.9%
3 Year-87.3%-87.3%-70.3%-71.2%-19.0%-25.8%
5 Yearn/a-71.2%-72.7%-21.1%-31.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: RGG 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 RGG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RGG is good value based on its PB Ratio (1.6x) compared to the DE Metals and Mining industry average (1.8x).


Next Steps

Future Growth

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

11.1%

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 Redstar 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 Redstar Gold performed over the past 5 years?

0.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RGG is currently unprofitable.

Growing Profit Margin: RGG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RGG is unprofitable, but has reduced losses over the past 5 years at a rate of 0.2% per year.

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

Earnings vs Industry: RGG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9.8%).


Return on Equity

High ROE: RGG has a negative Return on Equity (-38.67%), as it is currently unprofitable.


Next Steps

Financial Health

How is Redstar Gold's financial position?


Financial Position Analysis

Short Term Liabilities: RGG's short term assets (CA$1.9M) exceed its short term liabilities (CA$255.8K).

Long Term Liabilities: RGG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RGG is debt free.

Reducing Debt: RGG has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if RGG's debt is covered by short term assets.


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: RGG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RGG has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 11.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RGG'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 RGG'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?

2.1yrs

Average management tenure


CEO

Redstar Gold has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Jacques Vaillancourt
Executive Chairman6.67yrsCA$65.00k14.08% CA$692.7k
John Gray
President & Director1.08yrsCA$184.06k0.023% CA$1.1k
Mark Brown
Chief Financial Officer3.08yrsCA$61.50kno data
Susan Mitchell
Consultantno dataCA$15.98kno data
Sheryl Dhillon
Corporate Secretary4.5yrsno datano data

2.1yrs

Average Tenure

Experienced Management: RGG's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jacques Vaillancourt
Executive Chairman6.67yrsCA$65.00k14.08% CA$692.7k
John Gray
President & Director1.08yrsCA$184.06k0.023% CA$1.1k
George Ireland
Independent Director3.42yrsCA$20.62k0.67% CA$32.7k
Kenneth Booth
Independent Director6.08yrsCA$20.62k0.048% CA$2.4k
Sean Keenan
Independent Director5.42yrsCA$22.13k0.21% CA$10.2k
Patrick Chidley
Director0.58yrno data0.62% CA$30.4k

4.4yrs

Average Tenure

60yo

Average Age

Experienced Board: RGG's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RGG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Redstar Gold Corp.
  • Ticker: RGG
  • Exchange: DB
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$7.501m
  • Listing Market Cap: CA$4.920m
  • Shares outstanding: 300.05m
  • Website: https://www.redstargold.com

Location

  • Redstar Gold Corp.
  • 409 Granville Street
  • Suite 1500
  • Vancouver
  • British Columbia
  • V6C 1T2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RGCTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 1989
RGCT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1989
RGGDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1989

Biography

Redstar Gold Corp. engages in the acquisition, exploration, and development of mineral properties in North America. The company explores for gold and silver deposits. It primarily focuses on the Unga Gold project that covers an area of approximately 240 sq. kms in Alaska. The company is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 00:03
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.