Corvus Gold Inc. acquires, explores, and develops mineral properties primarily in Canada and the United States.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Corvus Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CORV.F has not had significant price volatility in the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: CORV.F exceeded the US Metals and Mining industry which returned -3.3% over the past year.
Return vs Market: CORV.F underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Corvus Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Corvus Gold undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CORV.F ($1.74) is trading below our estimate of fair value ($28.69)
Significantly Below Fair Value: CORV.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CORV.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: CORV.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CORV.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CORV.F is overvalued based on its PB Ratio (10.3x) compared to the US Metals and Mining industry average (1.5x).
How is Corvus Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CORV.F's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if CORV.F's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if CORV.F's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CORV.F's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CORV.F's Return on Equity is forecast to be high in 3 years time
How has Corvus Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CORV.F is currently unprofitable.
Growing Profit Margin: CORV.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CORV.F is unprofitable, and losses have increased over the past 5 years at a rate of -2.7% per year.
Accelerating Growth: Unable to compare CORV.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CORV.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-32.4%).
Return on Equity
High ROE: CORV.F has a negative Return on Equity (-43.56%), as it is currently unprofitable.
How is Corvus Gold's financial position?
Financial Position Analysis
Short Term Liabilities: CORV.F's short term assets (CA$22.9M) exceed its short term liabilities (CA$242.7K).
Long Term Liabilities: CORV.F's short term assets (CA$22.9M) exceed its long term liabilities (CA$526.6K).
Debt to Equity History and Analysis
Debt Level: CORV.F is debt free.
Reducing Debt: CORV.F has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
Inventory Level: CORV.F has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CORV.F'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: CORV.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CORV.F has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 4.9% each year.
What is Corvus Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CORV.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CORV.F'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 CORV.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CORV.F'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 CORV.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Pontius (64yo)
Mr. Jeffrey A. Pontius, also known as Jeff, MSc, BSc, has been the Chief Executive Officer since August 25, 2010 and serves as president since June 2015 at Corvus Gold Inc. Mr. Pontius founded Internationa ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD833.68K) is about average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||8.8yrs||CA$254.60k||0.26% CA$554.7k|
|Chief Operating Officer||7.8yrs||CA$442.56k||0.22% CA$474.5k|
|Corporate Secretary||0yrs||no data||no data|
Experienced Management: CORV.F's management team is seasoned and experienced (8.3 years average tenure).
|Independent Director||9.5yrs||CA$124.61k||0.84% CA$1.8m|
|Independent Director||9.5yrs||CA$124.61k||0.11% CA$232.9k|
|Independent Director||9.5yrs||CA$118.11k||0.18% CA$388.2k|
|Independent Director||9.5yrs||CA$117.11k||0.35% CA$741.9k|
|Independent Chairman||0.9yrs||CA$71.83k||0.060% CA$129.4k|
Experienced Board: CORV.F's board of directors are considered experienced (9.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
Corvus Gold Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Corvus Gold Inc.
- Ticker: CORV.F
- Exchange: OTCPK
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Market Cap: CA$283.932m
- Listing Market Cap: CA$213.919m
- Shares outstanding: 123.99m
- Website: https://www.corvusgold.com
Number of Employees
- Corvus Gold Inc.
- 700 West Pender Street
- Suite 1750
- British Columbia
- V6C 1G8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KOR||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2010|
|1GL||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2010|
|CORV.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2010|
|0UR5||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Aug 2010|
Corvus Gold Inc. acquires, explores, and develops mineral properties primarily in Canada and the United States. Its principal mineral property is the North Bullfrog Project, a gold and silver mining project that consists of patented and unpatented mining claims covering an area of approximately 12,314 hectares located in northwestern Nye County, Nevada. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:05|
|End of Day Share Price||2020/02/24 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.