OTCPK:SUPG.F

Stock Analysis Report

Executive Summary

Superior Gold Inc. engages in the acquisition, exploration, development, and operation of gold resource properties.


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.FIndustryMarket
7 Day12.5%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 Yearn/a-23.6%-28.0%15.5%8.0%
5 Yearn/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

NamePositionTenureCompensationOwnership
Christopher Bradbrook
Presidentno dataUS$500.00k4.84% $1.5m
Mark Wellings
Chairman of the Board3.25yrsUS$45.00k2.26% $707.6k
Michael Mulroney
Director0.83yrno datano data
René Luis Marion
Independent Director2.42yrsUS$35.00k0.10% $32.2k
Tamara Brown
Independent Director3.25yrsUS$45.00k0.021% $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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SGITSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2017
G0DDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2017
SUPG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 03:45
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.