Superior Gold
Market Cap
US$31.3m
Last Updated
2020/03/31 03:45 UTC
Data Sources
Company Financials +
Executive Summary
Superior Gold Inc. engages in the acquisition, exploration, development, and operation of gold resource properties.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with reasonable growth potential.
Share Price & News
How has Superior Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUPG.F's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
12.5%
SUPG.F
0.4%
US Metals and Mining
5.3%
US Market
1 Year Return
-17.3%
SUPG.F
-27.9%
US Metals and Mining
-10.7%
US Market
Return vs Industry: SUPG.F exceeded the US Metals and Mining industry which returned -28.5% over the past year.
Return vs Market: SUPG.F underperformed the US Market which returned -10.4% over the past year.
Shareholder returns
| SUPG.F | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.5% | 0.4% | 5.3% |
| 30 Day | -32.7% | -17.2% | -13.6% |
| 90 Day | -25.0% | -31.3% | -19.8% |
| 1 Year | -17.3%-17.3% | -25.8%-27.9% | -8.9%-10.7% |
| 3 Year | n/a | -23.6%-28.0% | 15.5%8.0% |
| 5 Year | n/a | -2.6%-10.6% | 35.2%20.4% |
Price Volatility Vs. Market
How volatile is Superior Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Superior Gold undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SUPG.F ($0.34) is trading below our estimate of fair value ($2.48)
Significantly Below Fair Value: SUPG.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SUPG.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: SUPG.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 SUPG.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SUPG.F is overvalued based on its PB Ratio (1.1x) compared to the US Metals and Mining industry average (1.1x).
Next Steps
Future Growth
How is Superior Gold forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
95.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUPG.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: SUPG.F is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SUPG.F's is expected to become profitable in the next 3 years.
Revenue vs Market: SUPG.F's revenue (5.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: SUPG.F's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUPG.F's Return on Equity is forecast to be high in 3 years time (24.9%)
Next Steps
Past Performance
How has Superior Gold performed over the past 5 years?
9.6%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: SUPG.F is currently unprofitable.
Growing Profit Margin: SUPG.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if SUPG.F's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare SUPG.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SUPG.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-26.9%).
Return on Equity
High ROE: SUPG.F has a negative Return on Equity (-43.76%), as it is currently unprofitable.
Next Steps
Financial Health
How is Superior Gold's financial position?
Financial Position Analysis
Short Term Liabilities: SUPG.F's short term assets ($34.0M) do not cover its short term liabilities ($37.1M).
Long Term Liabilities: SUPG.F's short term assets ($34.0M) exceed its long term liabilities ($32.3M).
Debt to Equity History and Analysis
Debt Level: SUPG.F's debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SUPG.F's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: SUPG.F has a high level of physical assets or inventory.
Debt Coverage by Assets: SUPG.F's debt is covered by short term assets (assets are 33.8x 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.
Stable Cash Runway: Whilst unprofitable SUPG.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SUPG.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -67% per year.
Next Steps
Dividend
What is Superior Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SUPG.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SUPG.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 SUPG.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SUPG.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 SUPG.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average board tenure
CEO
Chris Bradbrook (60yo)
no data
Tenure
US$500,000
Compensation
Mr. Christopher John Bradbrook, also known as Chris, B.Sc. (Hons), M.Sc., serves as the Chief Executive Officer and President at Superior Gold Inc. Mr. Bradbrook has almost 35 years experience in the minin ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD353.62K) is below average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$500.00k | 4.84% $1.5m | |
| Chairman of the Board | 3.25yrs | US$45.00k | 2.26% $707.6k | |
| Director | 0.83yr | no data | no data | |
| Independent Director | 2.42yrs | US$35.00k | 0.10% $32.2k | |
| Independent Director | 3.25yrs | US$45.00k | 0.021% $6.4k |
3.3yrs
Average Tenure
56yo
Average Age
Experienced Board: SUPG.F's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SUPG.F insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Superior Gold Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Superior Gold Inc.
- Ticker: SUPG.F
- Exchange: OTCPK
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Market Cap: CA$44.196m
- Listing Market Cap: CA$31.257m
- Shares outstanding: 97.13m
- Website: https://www.superior-gold.com
Location
- Superior Gold Inc.
- 70 University Avenue
- Suite 1410
- Toronto
- Ontario
- M5J 2M4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SGI | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Feb 2017 |
| G0D | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Feb 2017 |
| SUPG.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Feb 2017 |
Biography
Superior Gold Inc. engages in the acquisition, exploration, development, and operation of gold resource properties. Its principal asset is the Plutonic gold mine that is located approximately 800km north east of Perth, Western Australia. The company was formerly known as 2525908 Ontario Inc. and changed its name to Superior Gold Inc. December 2016. Superior Gold Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 03:45 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.