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California Gold Mining

CNSX:CGM
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CGM
CNSX
CA$24M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

California Gold Mining Inc., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties. The last earnings update was 53 days ago. More info.


Add to Portfolio Compare Print
  • California Gold Mining has significant price volatility in the past 3 months.
CGM Share Price and Events
7 Day Returns
-7%
CNSX:CGM
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
60%
CNSX:CGM
18.6%
CA Metals and Mining
-0.4%
CA Market
CGM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
California Gold Mining (CGM) -7% -18.4% -34.4% 60% -33.3% -46.7%
CA Metals and Mining -0.4% -0.5% 6.3% 18.6% -15.9% -3.2%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • CGM outperformed the Metals and Mining industry which returned 18.6% over the past year.
  • CGM outperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
CGM
Industry
5yr Volatility vs Market

CGM Value

 Is California Gold Mining 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 California Gold Mining. This is due to cash flow or dividend data being unavailable. The share price is CA$0.4.
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 California Gold Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are California Gold Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:CGM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$-0.05
CNSX:CGM Share Price ** CNSX (2019-09-19) in CAD CA$0.4
Canada Metals and Mining Industry PE Ratio Median Figure of 100 Publicly-Listed Metals and Mining Companies 13.9x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

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

** Primary Listing of California Gold Mining.

CNSX:CGM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:CGM Share Price ÷ EPS (both in CAD)

= 0.4 ÷ -0.05

-7.98x

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

  • California Gold Mining is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • California Gold Mining is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does California Gold Mining's expected growth come at a high price?
Raw Data
CNSX:CGM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 32 Publicly-Listed Metals and Mining Companies 0.98x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*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 California Gold Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on California Gold Mining's assets?
Raw Data
CNSX:CGM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.12
CNSX:CGM Share Price * CNSX (2019-09-19) in CAD CA$0.4
Canada Metals and Mining Industry PB Ratio Median Figure of 1,097 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:CGM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:CGM Share Price ÷ Book Value per Share (both in CAD)

= 0.4 ÷ 0.12

3.45x

* Primary Listing of California Gold Mining.

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

  • California Gold Mining is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess California Gold Mining'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. California Gold Mining has a total score of 0/6, 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.

CGM Future Performance

 How is California Gold Mining 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 California Gold 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 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
34.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is California Gold Mining expected to grow at an attractive rate?
  • Unable to compare California Gold Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare California Gold Mining's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare California Gold Mining's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:CGM Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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
CNSX:CGM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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.
CNSX:CGM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 -2 -3
2019-02-28 -3 -3
2018-11-30 -4 -4
2018-08-31 -5 -4
2018-05-31 -5 -4
2018-02-28 -3 -3
2017-11-30 -2 -3
2017-08-31 -2 -2
2017-05-31 -2 -3
2017-02-28 -3 -3
2016-11-30 -5 -5
2016-08-31 -6 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if California Gold Mining is high growth as no earnings estimate data is available.
  • Unable to determine if California Gold 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.
Raw Data
CNSX:CGM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from California Gold Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CGM Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 -0.05
2019-02-28 -0.06
2018-11-30 -0.08
2018-08-31 -0.09
2018-05-31 -0.10
2018-02-28 -0.09
2017-11-30 -0.07
2017-08-31 -0.06
2017-05-31 -0.08
2017-02-28 -0.11
2016-11-30 -0.16
2016-08-31 -0.24

*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 California Gold Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine California Gold Mining'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. California Gold Mining'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. California Gold Mining's competitive advantages and company strategy can generally be found in its financial reports archived 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 California Gold Mining'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
California Gold Mining 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.

CGM Past Performance

  How has California Gold Mining 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 California Gold Mining'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.
  • California Gold Mining does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare California Gold Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare California Gold Mining's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
California Gold Mining'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 California Gold Mining Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CGM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 -2.71 2.03
2019-02-28 -2.99 2.25
2018-11-30 -3.78 2.92
2018-08-31 -4.07 3.04
2018-05-31 -3.94 3.14
2018-02-28 -3.45 2.71
2017-11-30 -2.51 1.88
2017-08-31 -2.02 1.52
2017-05-31 -2.57 1.99
2017-02-28 -3.41 2.46
2016-11-30 -4.72 3.97
2016-08-31 -6.78 6.32
2016-05-31 -5.47 5.55
2016-02-29 -4.37 4.85
2015-11-30 -2.53 3.21
2015-08-31 -0.19 0.97
2015-05-31 -0.94 1.21
2015-02-28 -1.29 1.47
2014-11-30 -1.98 2.07
2014-08-31 -2.29 2.07
2014-05-31 -2.24 2.05
2014-02-28 -3.41 2.93
2013-11-30 -3.83 2.98
2013-08-31 -3.44 2.65
2013-05-31 -3.16 2.40
2013-02-28 -1.76 1.37
2012-11-30 -0.87 0.58

*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 California Gold Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if California Gold Mining has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if California Gold Mining 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 California Gold Mining'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.
California Gold Mining 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.

CGM Health

 How is California Gold Mining'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 California Gold Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • California Gold Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • California Gold Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of California Gold Mining'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.
  • California Gold Mining 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 California Gold Mining Company Filings, last reported 3 months ago.

CNSX:CGM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 6.59 0.00 0.24
2019-02-28 6.09 0.18 0.03
2018-11-30 6.72 0.00 0.17
2018-08-31 7.29 0.00 0.83
2018-05-31 6.54 0.00 0.26
2018-02-28 5.84 0.00 0.06
2017-11-30 7.36 0.00 1.20
2017-08-31 5.17 0.40 0.22
2017-05-31 6.12 0.00 0.24
2017-02-28 6.40 0.00 0.01
2016-11-30 6.90 0.00 0.50
2016-08-31 6.22 0.00 0.00
2016-05-31 6.93 0.00 0.61
2016-02-29 6.51 0.00 0.08
2015-11-30 8.33 0.00 2.55
2015-08-31 10.96 0.00 4.63
2015-05-31 6.03 0.00 0.04
2015-02-28 6.08 0.00 0.01
2014-11-30 5.53 0.00 0.09
2014-08-31 5.28 0.00 0.10
2014-05-31 5.65 0.00 0.41
2014-02-28 5.90 0.00 0.66
2013-11-30 6.56 0.00 1.49
2013-08-31 6.24 0.00 1.22
2013-05-31 6.75 0.00 1.79
2013-02-28 7.76 0.00 7.95
2012-11-30 0.43 0.00 0.49
  • California Gold Mining has no debt.
  • California Gold Mining currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • California Gold Mining has less than a year of cash runway based on current free cash flow.
  • California Gold Mining has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22% each year.
X
Financial health checks
We assess California Gold Mining'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. California Gold Mining 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.

CGM Dividends

 What is California Gold Mining'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 California Gold Mining dividends.
If you bought CA$2,000 of California Gold Mining shares you are expected to receive CA$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 California Gold Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate California Gold Mining'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
CNSX:CGM 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
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

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 California Gold Mining has not reported any payouts.
  • Unable to verify if California Gold Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of California Gold Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as California Gold Mining 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 California Gold Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 California Gold Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. California Gold Mining 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.

CGM Management

 What is the CEO of California Gold Mining'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
Vishal Gupta
COMPENSATION CA$175,000
TENURE AS CEO 4.8 years
CEO Bio

Mr. Vishal Gupta, P.Geo., M.Sc, has been Chief Executive Officer and President of California Gold Mining Inc since November 2014. Mr. Gupta served as Head of Business Development and Geologist of Rimrock Gold Corp. until August 29, 2017. He has experience working with numerous junior exploration and development stage mining companies and has strong geological and mining expertise, along with an in-depth understanding of mining finance. He joined Rimrock Gold as Business Development in May 2013. He served as Senior Vice President of Mining Research till April 2013 and Equity Research Analyst at Global Maxfin Capital Inc., Research Division. He focused on Canadian junior metals and mining companies. He served as Chief Operating Officer of California Gold Mining Inc since May 8, 2014 until November 2014 and its Director of Corporate Development since May 2013 until May 2014. He was responsible for the planning, coordination and supervision of California Gold's exploration programs at its Fremont gold project since August 12, 2013. He served as a Research Analyst of Mining at Fraser Mackenzie Limited, Research Division and Global Financial. Mr. Gupta covered the resource exploration companies in the base metals and precious metals space. Prior to this, he served as an Equity Research Analyst of Dundee Capital Markets Inc., Research Division, covering junior mining companies in the precious metals, base metals and uranium space. Before that, he worked in the resource exploration industry as a Exploration Geologist/Consulting Geologist at Noront Resources, Northern Gold Mining and Nuinsco Resources. He served as Director of Corporate Development at California Gold Mining Inc. from May 2013 to May 2014. He entered the financial community in 2009 at Desjardins Securities as a Base Metals Equity Research Associate, followed by a brief stay in mining corporate finance at Cormark Securities. He has been Director of California Gold Mining Inc. since January 21, 2015. He has conducted independent technical due diligence on numerous exploration and resource development programs throughout the United States, Canada, Mexico, Brazil, Argentina, Chile and Nicaragua. His academic research papers have been published in several scientific journals and publications. Mr. Gupta holds an M. Sc degree in Geology from the University of Toronto.

CEO Compensation
  • Vishal's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Vishal's remuneration is about average for companies of similar size in Canada.
Management Team

Vishal Gupta

TITLE
President
COMPENSATION
CA$175K
TENURE
4.8 yrs

Louis Nagy

TITLE
Chief Financial Officer and Corporate Secretary
COMPENSATION
CA$72K

Chad Williams

TITLE
Advisor To President & Chief Executive Officer
COMPENSATION
CA$476K
TENURE
4.8 yrs
Board of Directors Tenure

Average tenure of the California Gold Mining board of directors in years:

4.1
Average Tenure
  • The tenure for the California Gold Mining board of directors is about average.
Board of Directors

Patrick Cronin

TITLE
Chairman of the Board

Vishal Gupta

TITLE
President
COMPENSATION
CA$175K
TENURE
4.7 yrs

Kevin Cinq-Mars

TITLE
Non Executive Director
AGE
52
TENURE
9.7 yrs

William Tomlinson

TITLE
Non Executive Director
TENURE
4.1 yrs

Scott Rasenberg

TITLE
Non Executive Director
TENURE
3.6 yrs

Larry Phillips

TITLE
Non Executive Director
COMPENSATION
CA$20K
AGE
62
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess California Gold Mining'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. California Gold Mining 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.

CGM News

Simply Wall St News

Is California Gold Mining (CNSX:CGM) A Risky Investment?

CNSX:CGM Historical Debt, July 18th 2019 How Healthy Is California Gold Mining's Balance Sheet? … According to the balance sheet data, California Gold Mining had liabilities of CA$578.8k due within 12 months, but no longer term liabilities. … But either way, California Gold Mining has virtually no net debt, so it's fair to say it does not have a heavy debt load!

Simply Wall St -

If You Had Bought California Gold Mining (CNSX:CGM) Shares A Year Ago You'd Have Made 130%

It's been a soft week for California Gold Mining Inc. … View our latest analysis for California Gold Mining California Gold Mining hasn't yet reported any revenue yet, so it's as much a business idea as an actual business. … A Different Perspective We're pleased to report that California Gold Mining shareholders have received a total shareholder return of 130% over one year.

Simply Wall St -

CGM Company Info

Description

California Gold Mining Inc., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral resource properties. Its flagship project is the 100% owned Fremont gold project covering approximately 3,351 acres of land located in Mariposa County, California. The company was formerly known as Upper Canada Gold Corporation and changed its name to California Gold Mining Inc. in April 2013. California Gold Mining Inc. was incorporated in 1998 and is headquartered in Toronto, Canada.

Details
Name: California Gold Mining Inc.
CGM
Exchange: CNSX
Founded: 1998
CA$23,908,607
59,771,519
Website: http://www.caligold.ca
Address: California Gold Mining Inc.
The Exchange Tower,
Suite 1800,
Toronto,
Ontario, M5X 1E3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX CGM Voting Common Shares Canadian National Stock Exchange CA CAD 30. Jul 1999
Number of employees
Current staff
Staff numbers
0
California Gold Mining employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 00:24
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/07/29
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/08/31


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.