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
Go Metals. 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
Go Metals'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 Go Metals 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 Go Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Go Metals's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Go Metals's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Go Metals is high growth as no earnings estimate data is available.
Unable to determine if Go Metals 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.
Go Metals'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
0/6, 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. Scott Sheldon has been the Chief Executive Officer, President, Director of Go Metals Corp. since April 27, 2012 and served as Chief Financial Officer and Company Secretary until 2018. Mr. Sheldon served as Chief Executive Officer, President, Corporate Secretary and Director of Gorilla Resources Corp. Mr. Sheldon served as a Director of Noor Energy Corporation until January 7, 2013. He served as Director of MGX Minerals Inc. (formerly Known as Defiant Minerals Corp.) and also serves as President of Surgenia Productions Inc.
Scott's compensation has increased whilst company is loss making.
Scott's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Go Metals management team is less than 2 years, this suggests a new team.
Director of Business & Chairman of board
CFO & Director
Vice President of Exploration
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Go Metals board of directors is about average.
Board of Directors
Director of Business & Chairman of board
CFO & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Go Metals individual insiders in the past 3 months, but not in substantial volumes.
What Type Of Shareholder Owns Go Metals Corp.'s (CNSX:GOCO)?
As Charlie Munger said 'Show me the incentive and I will show you the outcome.' With a market capitalization of CA$7.2m, Go Metals is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for Go Metals CNSX:GOCO Ownership Summary, September 2nd 2019 What Does The Lack Of Institutional Ownership Tell Us About Go Metals? … General Public Ownership The general public, who are mostly retail investors, collectively hold 73% of Go Metals shares.
Here's Why Go Metals (CNSX:GOCO) Might Be Better Off Without Debt
According to the balance sheet data, Go Metals had liabilities of CA$83.7k due within 12 months, but no longer term liabilities. … This short term liquidity is a sign that Go Metals could probably pay off its debt with ease, as its balance sheet is far from stretched. … Even though its balance sheet seems sufficiently liquid, debt always makes us a little nervous if a company doesn't produce free cash flow regularly.
Volatility 101: Should Go Cobalt Mining (CNSX:GOCO) Shares Have Dropped 11%?
(CNSX:GOCO) share price is down 11% in the last year. … Check out our latest analysis for Go Cobalt Mining Go Cobalt Mining didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … A Different Perspective While Go Cobalt Mining shareholders are down 11% for the year, the market itself is up 2.6%.
Have Insiders Been Selling Go Cobalt Mining Corp. (CNSX:GOCO) Shares?
So we'll take a look at whether insiders have been buying or selling shares in Go Cobalt Mining Corp. … The Last 12 Months Of Insider Transactions At Go Cobalt Mining. … We don't gain confidence from insider selling below the recent share price of CA$0.22
Should You Be Concerned About Go Cobalt Mining Corp's (CNSX:GOCO) Shareholders?
In this article, I'm going to take a look at Go Cobalt Mining Corp’s (CNSX:GOCO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure of a company has been found to affect share performance over time. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.
Go Metals Corp., an exploration stage company, acquires, explores, and develops mineral resource properties in Canada. It holds interest in the Monster property, an iron oxide copper gold property covering approximately 63 square kilometers located in the Yukon Dawson mining district. The company was formerly known as Go Cobalt Mining Corp. and changed its name to Go Metals Corp. in July 2019. Go Metals Corp. was incorporated in 2012 and is based in Vancouver, Canada.
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