Cora Gold Limited, together with its subsidiaries, engages in the exploration and development of mineral projects in West Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.14|
|52 Week High||UK£0.069|
|52 Week Low||UK£0.20|
|1 Month Change||-4.48%|
|3 Month Change||31.91%|
|1 Year Change||53.89%|
|3 Year Change||61.05%|
|5 Year Change||n/a|
|Change since IPO||-14.08%|
Recent News & Updates
We Think Cora Gold (LON:CORA) Can Afford To Drive Business Growth
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
|CORA||GB Metals and Mining||GB Market|
Return vs Industry: CORA exceeded the UK Metals and Mining industry which returned 27.2% over the past year.
Return vs Market: CORA exceeded the UK Market which returned 23.2% over the past year.
Stable Share Price: CORA is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: CORA's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
Cora Gold Limited, together with its subsidiaries, engages in the exploration and development of mineral projects in West Africa. The company primarily explores for gold deposits. Its flagship project is the Sanankoro Gold project comprising 5 contiguous permits covering an area of approximately 340 square kilometers located in the southern Mali.
Cora Gold Fundamentals Summary
|CORA fundamental statistics|
Is CORA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CORA income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0033|
|Net Profit Margin||0.00%|
How did CORA perform over the long term?See historical performance and comparison
Is Cora 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 CORA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CORA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CORA is unprofitable, so we can't compare its PE Ratio to the UK Metals and Mining industry average.
PE vs Market: CORA 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 CORA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CORA is overvalued based on its PB Ratio (2.2x) compared to the GB Metals and Mining industry average (1.9x).
How is Cora Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Cora 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.
How has Cora Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CORA is currently unprofitable.
Growing Profit Margin: CORA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CORA is unprofitable, and losses have increased over the past 5 years at a rate of 61.5% per year.
Accelerating Growth: Unable to compare CORA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CORA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (143.5%).
Return on Equity
High ROE: CORA has a negative Return on Equity (-3.75%), as it is currently unprofitable.
How is Cora Gold's financial position?
Financial Position Analysis
Short Term Liabilities: CORA's short term assets ($5.7M) exceed its short term liabilities ($846.0K).
Long Term Liabilities: CORA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CORA is debt free.
Reducing Debt: CORA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: CORA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CORA has no debt, therefore coverage of interest payments is not a concern.
What is Cora Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CORA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CORA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CORA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CORA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CORA's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bert Monro (37 yo)
Mr. Robert John Ewart Monro serves as Chief Executive Officer and Director at Cora Gold Limited since January 02, 2020. He was the Head of Business Development at Hummingbird Resources PLC since April 2011...
CEO Compensation Analysis
Compensation vs Market: Bert's total compensation ($USD176.86K) is below average for companies of similar size in the UK market ($USD328.99K).
Compensation vs Earnings: Bert's compensation has increased whilst the company is unprofitable.
Experienced Management: CORA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: CORA's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.3%.
Cora Gold Limited's employee growth, exchange listings and data sources
- Name: Cora Gold Limited
- Ticker: CORA
- Exchange: AIM
- Founded: 2012
- Industry: Gold
- Sector: Materials
- Market Cap: UK£34.217m
- Shares outstanding: 247.06m
- Website: https://www.coragold.com
Number of Employees
- Cora Gold Limited
- Rodus Building
- Road Reef Marina
- Road Town
- British Virgin Islands
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 17:45|
|End of Day Share Price||2021/10/22 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.