Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Goldbank Mining is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Goldbank Mining has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Goldbank Mining. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Goldbank Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Goldbank Mining 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Goldbank Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Goldbank Mining's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Goldbank Mining's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Goldbank Mining is high growth as no earnings estimate data is available.
Unable to determine if Goldbank Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Goldbank Mining's filings and announcements here.
Goldbank Mining's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. James Boyce has been the Chief Executive Officer and President of Goldbank Mining Corporation since September 28, 2012. Mr. Boyce has been the Chief Financial Officer and Director of Totally Hip Technologies Inc. since June 2009 and January 12, 2018 respectively. He served as the Chief Financial Officer of Empire Rock Minerals Inc. (formelry Ultra Uranium Corp.) from February 10, 2012 to March 1, 2013. Mr. Boyce served as the Chief Financial Officer at Goldbank Mining Corporation until September 28, 2012. Mr. Boyce serves as the President of Access Computer Rentals. He served as the Chief Financial Officer of Pacific Topaz Resources Ltd. until March 15, 2011. He has been a Director of Empire Rock Minerals Inc. since July 15, 2016. He has been a Director of Goldbank Mining Corporation since October 8, 2010. Mr. Boyce served as a Director of Totally Hip Technologies Inc. since March 14, 2003 until August 17, 2017. He served as a Director of Folkstone Capital Corp until February 12, 2013. He served as a Director of Sophia Capital Corp. from January 26, 2011 to February 12, 2013. He served as an Independent Director of Pacific Topaz Resources, Ltd. from May 31, 1996 to March 15, 2011 and Empire Rock Minerals Inc. from May 31, 2009 to March 1, 2013. Mr. Boyce holds a BBA from Simon Fraser University.
James's compensation has been consistent with company performance over the past year.
James's remuneration is lower than average for companies of similar size in United States of America.
President & CEO
Chief Financial Officer and Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Goldbank Mining board of directors is about average.
Goldbank Mining Corporation engages in the exploration and development of mineral properties. It primarily explores for gold deposits. The company primarily holds a 50% interest in the Leota gold project, a block of hard rock mining claims of gold properties in the Klondike region of the Yukon territories. It also has a 100% interest in the Hasenfuss Quartz mineral claims located in the Klondike region. The company was formerly known as Ballad Gold & Silver Ltd. and changed its name to Goldbank Mining Corporation in January 2009. Goldbank Mining Corporation was incorporated in 1967 and is based in Vancouver, Canada.
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