Evolving Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties in Canada.
The last earnings update was 95 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Evolving Gold. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Evolving Gold's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Evolving 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Evolving Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Evolving Gold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Evolving Gold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Evolving Gold is high growth as no earnings estimate data is available.
Unable to determine if Evolving 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.
Evolving Gold's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
TENURE AS CEO
Mr. R. Bruce Duncan is the Founder of Canada Coal Inc. and has been its Chief Executive Officer and President since February 28, 2014. Mr. Duncan serves as the Chief Executive Officer, President and Director of Nord Iron Mines Inc. Mr. Duncan has been the Chief Executive Officer and President of Canada Carbon Inc. since March 18, 2013 and Evolving Gold Corp. since February 22, 2012. He has been the President of West Oak Capital Partners Inc. since March 1997 and serves as its Principal. He has over 30 years of capital market and brokerage industry experience, including eight years with Gordon Capital Corporation. He served as the President of Evolving Gold Corp. He served as the Chief Executive Officer and President at Northern Empire Resources Corp., (Formerly, Prosperity Goldfields Corp) since September 2010. Mr. Duncan is a Corporate finance and investment banker. He served as the Chief Executive Officer and President of Bolero Resources Corp. from December 7, 2005 to May 23, 2012. He served as the President and Chief Executive Officer of AusPotash Corporation. Mr. Duncan has extensive experience advising on corporate takeovers, both friendly and hostile, either by designing and executing effective approaches to acquiring assets or by implementing defensive strategies. He has been Executive Chairman of Bolero Resources Corp. since May 23, 2012 and Canada Carbon Inc. since May 23, 2012. He has been the Chairman at Potash Ridge Corporation since July 19, 2017. He has been Executive Chairman of Potash Ridge Corp. He serves as Executive Chairman of Canada Coal Inc. and has been its Director since February 23, 2012. He has been a Director of Canada carbon Inc, since December 07, 2005; Bolero Resources Corp. since December 7, 2005. He has been a Non-Independent Director at Evolving Gold Corp. since May 21, 2010. He has been a Director of Potash Ridge Corporation since July 10, 2017. He served as a Director of AusPotash Corporation. He served as a Director at GEO Minerals Ltd. He served as Director of Imagination Park Entertainment Inc., (Formerly, GeoNovus Minerals Corp) from October 2012 to February 14, 2015. He served as Member of Advisory Board at CKR Carbon Corporation (Formerly, Caribou King Resources Ltd) since March 7, 2013 and Alix Resources Corp. since August 27, 2007. He served as a Director of Northern Empire Resources Corp., from September 2010 to July 10, 2012; SunOil Ltd., (Formerly, Blackstream Energy Corporation) from April 6, 2006 to February 4, 2008. Mr. Duncan has a Limited Market Dealer (LMD) license which is issued by and regulated by the Ontario Securities Commission under the name West Oak Capital Partners Inc.
R.'s compensation has increased in line with Evolving Gold recently becoming profitable.
R.'s remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Evolving Gold management team is over 5 years, this suggests they are a seasoned and experienced team.
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Evolving Gold board of directors is about average.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Evolving Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties in Canada. The company explores for lithium deposit. Its flagship property is the Lithium Lakes property covering an area of 72.5 square kilometers in Quebec. The company was formerly known as 6109527 Canada Ltd. and changed its name to Evolving Gold Corp. in September 2003. Evolving Gold Corp. was incorporated in 2003 and is headquartered in Mississauga, Canada.
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