AIM:CGH

Stock Analysis Report

Chaarat Gold Holdings

Executive Summary

Chaarat Gold Holdings Limited owns, operates, and explores for gold deposits.

Snowflake

Fundamentals

Exceptional growth potential with weak fundamentals.

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


Market Performance


7 Day Return

1.1%

AIM:CGH

3.8%

GB Metals and Mining

1.6%

GB Market


1 Year Return

n/a

AIM:CGH

13.6%

GB Metals and Mining

0.3%

GB Market

No trading data on CGH.

No trading data on CGH.


Share holder returns

CGHIndustryMarket
7 Day1.1%3.8%1.6%
30 Day5.7%11.0%5.0%
90 Day-6.1%-3.9%1.2%
1 Yearn/a23.4%13.6%5.1%0.3%
3 Year300.9%300.9%88.7%59.6%23.7%9.0%
5 Year59.4%59.4%46.8%20.3%29.9%2.5%

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

Valuation

Is Chaarat Gold Holdings undervalued based on future cash flows and its price relative to the stock market?

8.45x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Chaarat Gold Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Chaarat Gold Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Chaarat Gold Holdings is loss making, we can't compare its value to the GB Metals and Mining industry average.

Chaarat Gold Holdings is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Chaarat Gold Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Chaarat Gold Holdings is overvalued based on assets compared to the GB Metals and Mining industry average.


Next Steps

Future Growth

How is Chaarat Gold Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

65.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Chaarat Gold Holdings's revenue is expected to grow significantly at over 20% yearly.

Chaarat Gold Holdings's earnings are expected to grow significantly at over 20% yearly.

Chaarat Gold Holdings's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Chaarat Gold Holdings's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Chaarat Gold Holdings's earnings growth is expected to exceed the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Chaarat Gold Holdings is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Chaarat Gold Holdings performed over the past 5 years?

-22.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Chaarat Gold Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Chaarat Gold Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Chaarat Gold Holdings's 1-year growth to the GB Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Chaarat Gold Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Chaarat Gold Holdings has efficiently used its assets last year compared to the GB Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Chaarat Gold Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Chaarat Gold Holdings's financial position?


Financial Position Analysis

Chaarat Gold Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Chaarat Gold Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Chaarat Gold Holdings's level of debt (496%) compared to net worth is high (greater than 40%).

Unable to establish if Chaarat Gold Holdings's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.4x 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.

Chaarat Gold Holdings has less than a year of cash runway based on current free cash flow.

Chaarat Gold Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 43.9% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Chaarat Gold Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Chaarat Gold Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Chaarat Gold Holdings has not reported any payouts.

Unable to verify if Chaarat Gold Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Chaarat Gold Holdings has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Chaarat Gold Holdings's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.


Next Steps

Management

What is the CEO of Chaarat Gold Holdings's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

Artem Volynets (52yo)

1.3yrs

Tenure

0

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 ...


Management Age and Tenure

1.1yrs

Average Tenure

52.5yo

Average Age

The average tenure for the Chaarat Gold Holdings management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.0yrs

Average Tenure

53yo

Average Age

The average tenure for the Chaarat Gold Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$105,33105 Jul 19
Labro Investments Limited
EntityCompany
Shares331,617
Max PriceUS$0.32
BuyUS$220,85628 May 19
Labro Investments Limited
EntityCompany
Shares696,252
Max PriceUS$0.32
BuyUS$395,85522 May 19
Labro Investments Limited
EntityCompany
Shares1,316,186
Max PriceUS$0.31
BuyUS$67,70016 May 19
Labro Investments Limited
EntityCompany
Shares225,000
Max PriceUS$0.31
BuyUS$127,50513 May 19
Labro Investments Limited
EntityCompany
Shares419,209
Max PriceUS$0.31
BuyUS$88,79010 May 19
Labro Investments Limited
EntityCompany
Shares309,436
Max PriceUS$0.30
BuyUS$164,48307 May 19
Labro Investments Limited
EntityCompany
Shares605,547
Max PriceUS$0.28
BuyUS$37,50001 May 19
Robert Benbow
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares125,000
Max PriceUS$0.30
BuyUS$76,60001 May 19
Christopher Eger
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares255,333
Max PriceUS$0.30
BuyUS$10,50001 May 19
Hussein Barma
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares35,000
Max PriceUS$0.30
BuyUS$19,15001 May 19
Gordon Wylie
EntityIndividual
Role
Vice Chairman
Deputy Chairman & Senior Independent Director
Shares63,833
Max PriceUS$0.30
BuyUS$100,00001 May 19
Artem Volynets
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares333,333
Max PriceUS$0.30
BuyUS$105,00001 May 19
Warren Gilman
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares350,000
Max PriceUS$0.30
BuyUS$50,70019 Mar 19
Artem Volynets
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares200,000
Max PriceUS$0.25
BuyUS$37,30614 Mar 19
Christopher Eger
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares150,000
Max PriceUS$0.25
BuyUS$63,40913 Mar 19
Artem Volynets
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares250,000
Max PriceUS$0.26
BuyUS$127,60012 Mar 19
Artem Volynets
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares500,000
Max PriceUS$0.26
BuyUS$74,42011 Mar 19
Artem Volynets
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares300,000
Max PriceUS$0.26
BuyUS$67,87531 Jan 19
Labro Investments Limited
EntityCompany
Shares250,000
Max PriceUS$0.27
BuyUS$97,62607 Jan 19
Labro Investments Limited
EntityCompany
Shares350,000
Max PriceUS$0.28
BuyUS$52,35031 Dec 18
Labro Investments Limited
EntityCompany
Shares175,000
Max PriceUS$0.30
BuyUS$158,10328 Dec 18
Labro Investments Limited
EntityCompany
Shares600,000
Max PriceUS$0.31

Ownership Breakdown


Management Team

  • Dusty Nicol (62yo)

    Senior Vice President of Exploration

    • Tenure: 1.2yrs
    • Compensation: US$3.00k
  • Artem Volynets (52yo)

    CEO & Executive Director

    • Tenure: 1.3yrs
  • Martin Axel Andersson (53yo)

    Executive Chairman

    • Tenure: 2.9yrs
  • Darin Cooper (52yo)

    Chief Operating Officer

    • Tenure: 0.3yrs
  • Chris Eger

    Chief Financial Officer

    • Tenure: 1.1yrs
  • Martin Wiwen-Nilsson

    Senior Advisor

    • Tenure: 0.5yrs
    • Compensation: US$8.00k
  • Sergei Zhukov

    Head of Legal & Company Secretary

    • Tenure: 0.8yrs

Board Members

  • Hussein Barma (53yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs
  • Gordon Wylie (66yo)

    Deputy Chairman & Senior Independent Director

    • Tenure: 0.8yrs
    • Compensation: US$3.00k
  • Rob Edwards (53yo)

    Independent Non Executive Director

    • Tenure: 1yrs
  • Artem Volynets (52yo)

    CEO & Executive Director

    • Tenure: 1.3yrs
  • Warren Gilman (59yo)

    Independent Non-Executive Director

    • Tenure: 0.5yrs
  • Martin Axel Andersson (53yo)

    Executive Chairman

    • Tenure: 2.9yrs
  • Bob Benbow (66yo)

    Non-Executive Director

    • Tenure: 1.2yrs

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£116.686m
  • Shares outstanding: 418.23m
  • Website: https://www.chaarat.com

Number of Employees


Location

  • Chaarat Gold Holdings Limited
  • Business Centre Victory
  • 10th Floor
  • Bishkek
  • 720011
  • Kyrgyzstan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CGHAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPNov 2007
9ISDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2007

Biography

Chaarat Gold Holdings Limited owns, operates, and explores for gold deposits. The company primarily engages in the development of Chaarat gold project located in the Sandalash River valley, the Kyrgyz Repu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 21:23
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.