Harte Gold Corp. engages in the acquisition and exploration of mineral resource properties in Canada.
+ 2 more risks
Slightly overvalued with limited growth.
Share Price & News
How has Harte Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HRTF.F's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: HRTF.F underperformed the US Metals and Mining industry which returned -5.7% over the past year.
Return vs Market: HRTF.F underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is Harte Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Harte 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: HRTF.F ($0.1) is trading below our estimate of fair value ($1.96)
Significantly Below Fair Value: HRTF.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HRTF.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: HRTF.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 HRTF.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HRTF.F has negative assets, so we can't compare its PB Ratio to the US Metals and Mining industry average.
How is Harte Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if HRTF.F's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if HRTF.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: HRTF.F's revenue (48.4% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: HRTF.F's revenue (48.4% per year) 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 HRTF.F's Return on Equity is forecast to be high in 3 years time
How has Harte Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRTF.F is currently unprofitable.
Growing Profit Margin: HRTF.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HRTF.F is unprofitable, and losses have increased over the past 5 years at a rate of -68.8% per year.
Accelerating Growth: Unable to compare HRTF.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HRTF.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: HRTF.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Harte Gold's financial position?
Financial Position Analysis
Short Term Liabilities: HRTF.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HRTF.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HRTF.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HRTF.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: HRTF.F has a high level of physical assets or inventory.
Debt Coverage by Assets: HRTF.F has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: HRTF.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HRTF.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -49.9% each year
What is Harte Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HRTF.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HRTF.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 HRTF.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HRTF.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 HRTF.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
Sam Coetzer (58yo)
Mr. Samuel T. Coetzer, also known as Sam, has been the President, Chief Executive Officer and Director of Harte Gold Corporation since November 2019. Mr. Coetzer served as President and Chief Executive Off ...
|Interim CFO||11.1yrs||CA$630.00k||0.024% CA$16.9k|
|Vice President of Corporate Development & Investor Relations||0yrs||CA$225.00k||0.028% CA$20.3k|
|Executive VP & Corporate Secretary||1.1yrs||CA$741.00k||0.041% CA$29.3k|
|President||0.3yrs||no data||0.11% CA$81.1k|
|Executive VP & COO||0.3yrs||no data||no data|
|Chief Mine Geologist||3yrs||no data||no data|
|Chief Exploration Geologist||2.1yrs||no data||no data|
|Independent Consultant||11.1yrs||CA$235.00k||no data|
|VP People and Organizational Development||0yrs||no data||0.024% CA$16.9k|
|Investor Relations Consultant||0yrs||no data||no data|
Experienced Management: HRTF.F's management team is considered experienced (2.1 years average tenure).
|President||0.3yrs||no data||0.11% CA$81.1k|
|Independent Director||4.6yrs||no data||0.035% CA$25.3k|
|Independent Chairman||0.08yrs||no data||no data|
|Non-Executive Director||0yrs||CA$1.78m||4.34% CA$3.1m|
|Director||1.8yrs||no data||no data|
|Independent Director||0.3yrs||no data||no data|
|Director||0.8yrs||no data||no data|
Experienced Board: HRTF.F's board of directors are not considered experienced ( 0.6 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: HRTF.F 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 9.7%.
Harte Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Harte Gold Corp.
- Ticker: HRTF.F
- Exchange: OTCPK
- Founded: 1982
- Industry: Gold
- Sector: Materials
- Market Cap: CA$94.774m
- Listing Market Cap: CA$71.404m
- Shares outstanding: 676.96m
- Website: https://www.hartegold.com
- Harte Gold Corp.
- 161 Bay Street
- Suite 2400
- M5J 2S1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HRT||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2000|
|H4O||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2000|
|HRTF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2000|
Harte Gold Corp. engages in the acquisition and exploration of mineral resource properties in Canada. The company primarily explores for gold deposits. It owns 100% interests in the Sugar Zone property, which consists of 549 contiguous mining claims and 4 mining leases covering an area of approximately 79,355 hectares located in the Sault Ste. Marie Mining Division in Ontario. The company also holds interests in the Stoughton-Abitibi property situated to the north-east of Kirkland Lake, Ontario. The company was formerly known as Harte Resources Company and changed its name to Harte Gold Corp. in December 2003. Harte Gold Corp. was incorporated in 1982 and is based in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 01:25|
|End of Day Share Price||2020/02/25 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.