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Fremont Gold

OTCPK:USTD.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
USTD.F
OTCPK
CA$4M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Fremont Gold Ltd. operates as a mineral exploration and development company with interests in gold projects in the state of Nevada. The last earnings update was 84 days ago. More info.


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  • Fremont Gold has significant price volatility in the past 3 months.
USTD.F Share Price and Events
7 Day Returns
0%
OTCPK:USTD.F
-0.9%
US Metals and Mining
0.2%
US Market
1 Year Returns
-36.4%
OTCPK:USTD.F
-28.1%
US Metals and Mining
2.9%
US Market
USTD.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fremont Gold (USTD.F) 0% -1% -26.1% -36.4% - -
US Metals and Mining -0.9% -8.5% -11.9% -28.1% 6.6% -16.9%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • USTD.F underperformed the Metals and Mining industry which returned -28.1% over the past year.
  • USTD.F underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
USTD.F
Industry
5yr Volatility vs Market

Value

 Is Fremont Gold undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Fremont Gold. This is due to cash flow or dividend data being unavailable. The share price is $0.0805.
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 Fremont Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fremont Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:USTD.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.05
TSXV:FRE Share Price ** TSXV (2019-05-09) in CAD CA$0.07
United States of America Metals and Mining Industry PE Ratio Median Figure of 47 Publicly-Listed Metals and Mining Companies 9.73x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fremont Gold.

OTCPK:USTD.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:FRE Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.05

-1.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fremont Gold is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Fremont Gold is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Fremont Gold's expected growth come at a high price?
Raw Data
OTCPK:USTD.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 25 Publicly-Listed Metals and Mining Companies 0.62x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Fremont Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Fremont Gold's assets?
Raw Data
OTCPK:USTD.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.08
TSXV:FRE Share Price * TSXV (2019-05-09) in CAD CA$0.07
United States of America Metals and Mining Industry PB Ratio Median Figure of 104 Publicly-Listed Metals and Mining Companies 1.45x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:USTD.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:FRE Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.08

0.92x

* Primary Listing of Fremont Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fremont Gold is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Fremont Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Fremont Gold has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Fremont Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Fremont Gold 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 growth 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 it right!
Annual Growth Rate
20.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fremont Gold expected to grow at an attractive rate?
  • Unable to compare Fremont Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Fremont Gold's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Fremont Gold's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:USTD.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 20.3%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:USTD.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:USTD.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -2 -2
2018-09-30 -1 -2
2018-06-30 -1 -1
2018-03-31 -1 -1
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 -1
2016-09-30 0 -1
2016-06-30 0 -2
2016-03-31 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Fremont Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Fremont Gold 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.
Raw Data
OTCPK:USTD.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Fremont Gold Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:USTD.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.04
2018-06-30 -0.04
2018-03-31 -0.03
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 -0.06
2016-09-30 -0.07
2016-06-30 -0.15
2016-03-31 -0.17

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Fremont Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Fremont Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Fremont Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. 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 Fremont Gold's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Fremont Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fremont Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Fremont Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fremont Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fremont Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Fremont Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Fremont Gold's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Fremont Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fremont Gold Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:USTD.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.93 1.93
2018-09-30 -1.62 1.61
2018-06-30 -1.32 1.33
2018-03-31 -0.81 0.80
2017-12-31 -0.36 0.33
2017-09-30 -0.15 0.14
2017-06-30 -0.05 0.05
2017-03-31 -0.02 0.05
2016-12-31 -0.68 0.08
2016-09-30 -0.77 0.15
2016-06-30 -1.56 0.16
2016-03-31 -1.61 0.16
2015-12-31 -1.00 0.06
2015-09-30 -1.30 0.28
2015-06-30 -0.62 0.35
2015-03-31 -0.59 0.35
2014-12-31 -1.14 0.42
2014-09-30 -0.78 0.14
2014-06-30 -0.69 0.07
2014-03-31 -0.75 0.09
2013-12-31 -0.21 0.12
2013-09-30 -0.56 0.13
2013-06-30 -0.63 0.14
2013-03-31 -0.63 0.17
2012-12-31 -0.59 0.21
2012-09-30 -0.34 0.27
2012-06-30 -0.71 0.34

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Fremont Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Fremont Gold has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Fremont Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Fremont Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Fremont Gold 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Fremont Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fremont Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fremont Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fremont Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fremont Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Fremont Gold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fremont Gold Company Filings, last reported 4 months ago.

OTCPK:USTD.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4.03 0.00 1.01
2018-09-30 3.18 0.00 0.52
2018-06-30 3.54 0.00 1.08
2018-03-31 2.66 0.00 0.50
2017-12-31 2.55 0.00 0.50
2017-09-30 2.75 0.00 1.06
2017-06-30 2.91 0.00 1.34
2017-03-31 -0.07 0.00 0.02
2016-12-31 -0.03 0.00 0.04
2016-09-30 -0.03 0.00 0.06
2016-06-30 -0.04 0.00 0.08
2016-03-31 -0.20 0.01 0.00
2015-12-31 0.43 0.01 0.00
2015-09-30 0.52 0.00 0.00
2015-06-30 1.22 0.00 0.01
2015-03-31 1.35 0.00 0.02
2014-12-31 1.47 0.00 0.04
2014-09-30 0.40 0.00 0.32
2014-06-30 -0.30 0.00 0.01
2014-03-31 -0.28 0.00 0.02
2013-12-31 0.35 0.00 0.02
2013-09-30 0.38 0.00 0.04
2013-06-30 0.40 0.00 0.04
2013-03-31 0.46 0.00 0.07
2012-12-31 0.57 0.00 0.10
2012-09-30 0.64 0.00 0.13
2012-06-30 0.74 0.00 0.10
  • Fremont Gold has no debt.
  • Fremont Gold had no debt 5 years ago.
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.

  • Fremont Gold has less than a year of cash runway based on current free cash flow.
  • Fremont Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 109% each year.
X
Financial health checks
We assess Fremont Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fremont Gold has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Fremont Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Fremont Gold dividends.
If you bought $2,000 of Fremont Gold shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Fremont Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Fremont Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:USTD.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Fremont Gold has not reported any payouts.
  • Unable to verify if Fremont Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Fremont Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Fremont Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Fremont Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fremont Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fremont Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Fremont Gold's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Blaine Monaghan
AGE 46
TENURE AS CEO 0.6 years
CEO Bio

Mr. Blaine A. Monaghan, B.A., MBA, CA, CPA, (Illinois), is the Chief Executive Officer and Director of Fremont Gold Ltd since October 2018. He was Vice President of Corporate Development at Columbus Gold Corp. since August 2017 until September 2018. He served as Vice President of Corporate Development from September at Allegiant Gold Ltd. 26, 2017 till September, 2018. Mr. Monaghan serves as Vice President of Corporate Development at Columbus US Property Holdings Ltd. and ALLEGIANT. He has been Director of Investor Relations at True Gold Mining Inc. since May 2014. Monaghan has a proven track record of creating shareholder value in the mining industry. He has been involved in capital raises totalling more than $100 million for exploration projects around the globe and has worked with a number of companies that were subject to M&A. He has over 15 years of experience providing investor relations advice to mineral exploration and development companies, including Nu Energy Uranium Corp., Western Prospector Group Ltd. and Wheaton River Minerals Ltd. He served as Vice President of Investor Relations at Aton Resources Inc. from September 12, 2016 to July 18, 2017. He served as a Director of Investor Relations at Pure Gold Mining Inc. since May 2014. He served as Manager of Investor Relations at Western Prospector Group Ltd. He served as the Vice President of Development and Director of Investor Relations at Canplats Resources Corp. He served as Vice President of Corporate Development and Corporate Secretary at Camino Minerals Corporation until May 9, 2014. He served as Vice President of Corporate Development at Canadian Resources House Limited. He has been a Director of Pacific Ridge Exploration Ltd. since June 15, 2017. Mr. Monaghan holds an MBA from Royal Roads University, Bachelor of Arts degree from Simon Fraser University and a Diploma in Public Relations from the Public Relations Institute of Ireland. Additionally, he was completed the Canadian Securities Course.

CEO Compensation
  • Insufficient data for Blaine to compare compensation growth.
  • Insufficient data for Blaine to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Fremont Gold management team in years:

1.9
Average Tenure
55
Average Age
  • The average tenure for the Fremont Gold management team is less than 2 years, this suggests a new team.
Management Team

Dennis Moore

TITLE
Founder
COMPENSATION
CA$53K
AGE
63
TENURE
1.9 yrs

Paul Hansed

TITLE
Corporate Secretary & CFO
COMPENSATION
CA$35K
AGE
55
TENURE
1.9 yrs

Blaine Monaghan

TITLE
CEO & Director
AGE
46
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the Fremont Gold board of directors in years:

1.9
Average Tenure
55
Average Age
  • The average tenure for the Fremont Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Alan H. Carter

TITLE
Chairman
AGE
52
TENURE
1.9 yrs

Dennis Moore

TITLE
Founder
COMPENSATION
CA$53K
AGE
63
TENURE
1.9 yrs

Blaine Monaghan

TITLE
CEO & Director
AGE
46
TENURE
0.6 yrs

Paul Allen Reynolds

TITLE
Director
AGE
54
TENURE
1.9 yrs

Mike Williams

TITLE
Director
AGE
55
TENURE
4.7 yrs

Doug Hurst

TITLE
Member of Advisory Board
AGE
57
TENURE
0.4 yrs

Derek White

TITLE
Member of Advisory Board
AGE
55
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
06. Dec 18 Buy Paul Hansed Individual 05. Dec 18 05. Dec 18 60,000 $0.10 $6,279
06. Dec 18 Buy Dennis Moore Individual 06. Dec 18 06. Dec 18 1,000,000 $0.10 $104,192
06. Dec 18 Buy Blaine Monaghan Individual 06. Dec 18 06. Dec 18 178,500 $0.10 $18,598
06. Dec 18 Buy Alan H. Carter Individual 05. Dec 18 05. Dec 18 70,000 $0.10 $7,325
15. Nov 18 Buy Paul Allen Reynolds Individual 14. Nov 18 14. Nov 18 400,000 $0.11 $42,305
15. Nov 18 Sell Paul Allen Reynolds Individual 08. Nov 18 08. Nov 18 -400,000 $0.11 $-42,696
09. Nov 18 Sell Dennis Moore Individual 06. Nov 18 06. Nov 18 -1,000,000 $0.11 $-106,627
01. Nov 18 Buy Dennis Moore Individual 30. Oct 18 01. Nov 18 105,000 $0.11 $11,381
30. Oct 18 Buy Dennis Moore Individual 25. Oct 18 25. Oct 18 60,000 $0.10 $5,968
25. Oct 18 Buy Dennis Moore Individual 24. Oct 18 24. Oct 18 10,000 $0.10 $997
19. Oct 18 Buy Dennis Moore Individual 02. Oct 18 03. Oct 18 100,000 $0.10 $9,756
04. Oct 18 Buy Blaine Monaghan Individual 02. Oct 18 03. Oct 18 150,000 $0.11 $15,254
18. Jul 18 Buy Dennis Moore Individual 17. Jul 18 18. Jul 18 87,000 $0.09 $8,241
16. Jul 18 Buy Dennis Moore Individual 12. Jul 18 12. Jul 18 1,000 $0.09 $95
10. Jul 18 Buy Dennis Moore Individual 09. Jul 18 09. Jul 18 112,000 $0.10 $11,065
X
Management checks
We assess Fremont Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fremont Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Fremont Gold Ltd. operates as a mineral exploration and development company with interests in gold projects in the state of Nevada. The company’s flagship properties are the Gold Bar property that comprises approximately 2,235 hectares and is located in the historic Gold Bar mining district in Eureka County; and Gold Canyon project that consists of 26 unpatented lode mining claims covering approximately 186 hectares situated in Eureka County, Nevada. It also primarily holds interest in the Hurricane project, a gold exploration project located in Lander County, Nevada; and North Carlin property, consisting of 12 unpatented lode mining claims covering approximately 100 hectares situated in Elko County, Nevada. The company was formerly known as Palisades Ventures Inc. and changed its name to Fremont Gold Ltd. in June 2017. Fremont Gold Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Details
Name: Fremont Gold Ltd.
USTD.F
Exchange: OTCPK
Founded: 2007
CA$2,791,376
53,504,302
Website: http://fremontgold.net
Address: Fremont Gold Ltd.
409 Granville Street,
Suite 1500,
Vancouver,
British Columbia, V6C 1T2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV FRE Common Shares TSX Venture Exchange CA CAD 24. Sep 2008
OTCPK USTD.F Common Shares Pink Sheets LLC US USD 24. Sep 2008
DB FR2 Common Shares Deutsche Boerse AG DE EUR 24. Sep 2008
Number of employees
Current staff
Staff numbers
0
Fremont Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 06:24
End of day share price update: 2019/05/09 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.