Chaarat Gold Holdings
Market Cap
UK£172.2m
Last Updated
2021/03/05 18:47 UTC
Data Sources
Company Financials +
Executive Summary
Chaarat Gold Holdings Limited operates as a gold mining company. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential and slightly overvalued.
Share Price & News
How has Chaarat Gold Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CGH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CGH's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-6.8%
CGH
-2.7%
GB Metals and Mining
1.2%
GB Market
1 Year Return
-34.7%
CGH
50.4%
GB Metals and Mining
4.6%
GB Market
Return vs Industry: CGH underperformed the UK Metals and Mining industry which returned 48.8% over the past year.
Return vs Market: CGH underperformed the UK Market which returned 0.8% over the past year.
Shareholder returns
| CGH | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.8% | -2.7% | 1.2% |
| 30 Day | -11.8% | 4.5% | 1.1% |
| 90 Day | -6.1% | 7.7% | 2.4% |
| 1 Year | -34.7%-34.7% | 57.2%50.4% | 10.7%4.6% |
| 3 Year | 23.9%23.9% | 53.7%28.4% | 8.6%-4.5% |
| 5 Year | 257.8%257.8% | 239.9%163.2% | 39.5%12.6% |
Long-Term Price Volatility Vs. Market
How volatile is Chaarat Gold Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Chaarat Gold Holdings Limited (LON:CGH) Is About To Turn The Corner1 month ago | Simply Wall St
If You Had Bought Chaarat Gold Holdings (LON:CGH) Shares Five Years Ago You'd Have Earned 403% Returns2 months ago | Simply Wall St
Could The Chaarat Gold Holdings Limited (LON:CGH) Ownership Structure Tell Us Something Useful?Valuation
Is Chaarat Gold Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CGH (£0.26) is trading below our estimate of fair value (£3.72)
Significantly Below Fair Value: CGH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CGH is unprofitable, so we can't compare its PE Ratio to the GB Metals and Mining industry average.
PE vs Market: CGH is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CGH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGH is overvalued based on its PB Ratio (6.3x) compared to the GB Metals and Mining industry average (2x).
Next Steps
Future Growth
How is Chaarat Gold Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
65.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CGH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: CGH is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CGH's is expected to become profitable in the next 3 years.
Revenue vs Market: CGH's revenue (34.8% per year) is forecast to grow faster than the UK market (7.4% per year).
High Growth Revenue: CGH's revenue (34.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CGH's Return on Equity is forecast to be high in 3 years time (25.3%)
Next Steps
Past Performance
How has Chaarat Gold Holdings performed over the past 5 years?
-36.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGH is currently unprofitable.
Growing Profit Margin: CGH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CGH is unprofitable, and losses have increased over the past 5 years at a rate of 36% per year.
Accelerating Growth: Unable to compare CGH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CGH is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-19.4%).
Return on Equity
High ROE: CGH has a negative Return on Equity (-105.98%), as it is currently unprofitable.
Next Steps
Financial Health
How is Chaarat Gold Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CGH's short term assets ($21.1M) do not cover its short term liabilities ($68.6M).
Long Term Liabilities: CGH's short term assets ($21.1M) do not cover its long term liabilities ($32.7M).
Debt to Equity History and Analysis
Debt Level: CGH's debt to equity ratio (245.5%) is considered high.
Reducing Debt: Insufficient data to determine if CGH's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: CGH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CGH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.7% each year
Next Steps
Dividend
What is Chaarat Gold Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CGH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CGH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CGH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CGH'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 CGH's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Artem Volynets (53 yo)
2.75yrs
Tenure
US$3,594,000
Compensation
Mr. Artem O. Volynets is Director of Chaarat Gold Holdings Limited since March 26, 2018 and also serves as its Chief Executive Officer since June 25, 2018. Mr. Volynets served as the Chief Executive Office...
CEO Compensation Analysis
Compensation vs Market: Artem's total compensation ($USD3.59M) is above average for companies of similar size in the UK market ($USD572.09K).
Compensation vs Earnings: Artem's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.42yrs | US$3.20m | 0.88% $ 1.5m | |
| CEO & Executive Director | 2.75yrs | US$3.59m | 0.79% $ 1.4m | |
| Senior Advisor | 2yrs | US$494.00k | no data | |
| Chief Financial Officer | 2.67yrs | no data | 0.21% $ 357.4k | |
| Chief Operating Officer | 1.75yrs | no data | no data | |
| Vice President for Corporate Development & Investor Relations | 1.17yrs | no data | no data | |
| Head of Legal & Company Secretary | 2.25yrs | no data | no data | |
| Senior Vice President of Exploration | 0.17yr | no data | no data |
2.1yrs
Average Tenure
53yo
Average Age
Experienced Management: CGH's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.42yrs | US$3.20m | 0.88% $ 1.5m | |
| CEO & Executive Director | 2.75yrs | US$3.59m | 0.79% $ 1.4m | |
| Independent Non-Executive Director | 2.25yrs | US$174.00k | 0.025% $ 43.2k | |
| Senior Independent Director | 2.25yrs | US$386.00k | 0.049% $ 84.8k | |
| Independent Non-Executive Director | 2yrs | US$151.00k | 0.072% $ 124.8k | |
| Independent Non Executive Director | 2.5yrs | US$161.00k | 0.020% $ 34.1k | |
| Non-Executive Director | 2.67yrs | US$765.40k | 0.14% $ 248.9k |
2.5yrs
Average Tenure
54yo
Average Age
Experienced Board: CGH's board of directors are not considered experienced ( 2.5 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 46%.
Top Shareholders
Company Information
Chaarat Gold Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Chaarat Gold Holdings Limited
- Ticker: CGH
- Exchange: AIM
- Founded: 2007
- Industry: Gold
- Sector: Materials
- Market Cap: UK£172.242m
- Shares outstanding: 665.03m
- Website: https://www.chaarat.com
Number of Employees
Location
- Chaarat Gold Holdings Limited
- Business Centre Victory
- 10th Floor
- Bishkek
- 720011
- Kyrgyzstan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CGH | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Nov 2007 |
| 9IS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2007 |
Biography
Chaarat Gold Holdings Limited operates as a gold mining company. It owns the Tulkubash and the Kyzyltash gold projects in the Kyrgyz Republic, as well as the Kapan operating mine in Armenia. The company wa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 18:47 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.