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Red Lake Gold

CNSX:RGLD
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RGLD
CNSX
CA$6M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Red Lake Gold Inc. engages in the acquisition and exploration of gold properties in Canada. The last earnings update was 117 days ago. More info.


Add to Portfolio Compare Print
  • Red Lake Gold has significant price volatility in the past 3 months.
RGLD Share Price and Events
7 Day Returns
2.6%
CNSX:RGLD
4.7%
CA Metals and Mining
0.2%
CA Market
1 Year Returns
110.5%
CNSX:RGLD
4.8%
CA Metals and Mining
4.6%
CA Market
RGLD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Red Lake Gold (RGLD) 2.6% -9.1% 25% 110.5% - -
CA Metals and Mining 4.7% 5.2% 13.4% 4.8% -4.4% 21.8%
CA Market 0.2% 0.5% 4% 4.6% 7.2% 14.2%
1 Year Return vs Industry and Market
  • RGLD outperformed the Metals and Mining industry which returned 4.8% over the past year.
  • RGLD outperformed the Market in Canada which returned 4.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Red Lake 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 Red Lake Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.2.
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 Red Lake Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Red Lake Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:RGLD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-08-31) in CAD CA$-0.02
CNSX:RGLD Share Price ** CNSX (2020-02-21) in CAD CA$0.2
Canada Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 16.46x
Canada Market PE Ratio Median Figure of 510 Publicly-Listed Companies 16.18x

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

** Primary Listing of Red Lake Gold.

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

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

= 0.2 ÷ -0.02

-11.89x

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

  • Red Lake Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Red Lake Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Red Lake Gold's expected growth come at a high price?
Raw Data
CNSX:RGLD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.89x
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 36 Publicly-Listed Metals and Mining Companies 1.09x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 1.13x

*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 Red Lake Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Red Lake Gold's assets?
Raw Data
CNSX:RGLD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-08-31) in CAD CA$0.06
CNSX:RGLD Share Price * CNSX (2020-02-21) in CAD CA$0.2
Canada Metals and Mining Industry PB Ratio Median Figure of 1,042 Publicly-Listed Metals and Mining Companies 1.56x
Canada Market PB Ratio Median Figure of 2,342 Publicly-Listed Companies 1.4x
CNSX:RGLD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.2 ÷ 0.06

3.18x

* Primary Listing of Red Lake Gold.

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

  • Red Lake Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Red Lake 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. Red Lake Gold 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.

Future Performance

 How is Red Lake 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 Red Lake 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
14.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Red Lake Gold expected to grow at an attractive rate?
  • Unable to compare Red Lake Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Red Lake Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Red Lake Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:RGLD Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 14.1%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 10.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:RGLD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:RGLD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-08-31 0 0
2019-05-31 0 0
2019-02-28 0 0
2018-11-30 0 0
2017-11-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Red Lake Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Red Lake 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
CNSX:RGLD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Red Lake Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:RGLD Past Financials Data
Date (Data in CAD Millions) EPS *
2019-08-31 -0.02
2019-05-31 -0.02
2019-02-28 -0.03
2018-11-30 -0.04
2017-11-30 -0.05

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

Next steps:

  1. Examine Red Lake 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. Red Lake 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. Red Lake Gold'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 Red Lake 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 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.
Red Lake 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 Red Lake 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 Red Lake 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.
  • Red Lake Gold does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Red Lake Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Red Lake Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Red Lake 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 Red Lake Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:RGLD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-08-31 -0.38 0.23
2019-05-31 -0.47 0.32
2019-02-28 -0.47 0.32
2018-11-30 -0.50 0.35
2017-11-30 -0.28 0.28

*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 Red Lake 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 Red Lake Gold 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 Red Lake 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 Red Lake 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.
Red Lake 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 Red Lake 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 Red Lake Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Red Lake Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Red Lake Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Red Lake 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.
  • Red Lake 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 Red Lake Gold Company Filings, last reported 5 months ago.

CNSX:RGLD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-08-31 1.59 0.00 0.11
2019-05-31 1.46 0.00 0.02
2019-02-28 1.51 0.00 0.05
2018-11-30 1.37 0.00 0.02
2017-11-30 0.17 0.00 0.07
  • Red Lake Gold has no debt.
  • Red Lake Gold has not taken on any debt in the past 5 years.
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.

  • Red Lake Gold has less than a year of cash runway based on current free cash flow.
  • Red Lake Gold has less than a year of cash runway if free cash flow continues to reduce at historical rates of -8.9% each year.
X
Financial health checks
We assess Red Lake 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. Red Lake 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 Red Lake 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 Red Lake Gold dividends.
If you bought CA$2,000 of Red Lake Gold 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 Red Lake Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Red Lake 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
CNSX:RGLD 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 29 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.4%

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 Red Lake Gold has not reported any payouts.
  • Unable to verify if Red Lake Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Red Lake Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Red Lake 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 Red Lake Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Red Lake Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Red Lake 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 Red Lake 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
Ryan Kalt
TENURE AS CEO 0.8 years
CEO Bio

Mr. Ryan Kalt, B.Comm (Hons), LL.B., LL.M., M.B.A. is the Executive Chairman, President, Chief Executive Officer and Corporate Secretary of Red Lake Gold Inc. (formerly known as Pivit Exploration Inc.) since May 31, 2019. Mr. Kalt is the Founder of Dixie Gold Inc. (formerly known as Clean Commodities Corp.) Mr. Kalt has been the Chief Executive Officer of Dixie Gold Inc. (formerly known as Clean Commodities Corp.) since April 14, 2014 and has been its Company Secretary since April 15, 2016. He served as the Chief Executive Officer, President and Corporate Secretary of Strike Diamond Corp. from January 26, 2015 to January 2016, February 16, 2015 to January 2016 and February 17, 2015 to January 2016 respectively. Mr. Kalt founded Gold Royalties Corporation in 2010 and has been its President since July 14, 2010. Mr. Kalt has been Chief Executive Officer & Corporate Secretary of Gold Royalties Corporation since August 22, 2012. Mr. Kalt served as an Interim Chief Executive Officer of Clean Commodities Corp.., from February 2014 to April 14, 2014. He is a well-respected entrepreneur with fourteen years of company management experience. He has received numerous business achievement awards from organizations such as the Business Development Bank of Canada, the Ontario Chamber of Commerce and Export Canada. Mr. Kalt has been the Chairman of Clean Commodities Corp. since May 30, 2013 and has been its Director since April 2012. He serves as the Chairman at Gold Royalties Corporation and has been its Director since July 14, 2010. Mr. Kalt served as the Chairman of Strike Diamond Corp. from January 2015 to January 2016. He served as Member of Advisory Board of Alix Resources Corp. since May 2014. He served as an Independent Director of Eagle Plains Resources Ltd. from April 19, 2012 to October 3, 2013. He served as a Director of Aldrin Resource Corp. from May 2, 2014 to June 5, 2014. He is a Barrister & Solicitor and Member of the Law Society of Alberta. Mr. Kalt holds a B.Comm., from Queen’s University, LL.B. from University of Western Ontario, M.B.A. University of Western Ontario and a LL.M. in Natural Resources, Energy and Environmental Law from University of Calgary.

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

Average tenure of the Red Lake Gold management team in years:

0.8
Average Tenure
  • The average tenure for the Red Lake Gold management team is less than 2 years, this suggests a new team.
Management Team

Ryan Kalt

TITLE
Executive Chairman
TENURE
0.8 yrs

Ryan Cheung

TITLE
Chief Financial Officer
AGE
41
TENURE
0.8 yrs

Toby N. Hughes

TITLE
Vice President of Exploration
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure of the Red Lake Gold board of directors in years:

0.8
Average Tenure
  • The average tenure for the Red Lake Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ryan Kalt

TITLE
Executive Chairman
TENURE
0.8 yrs

Brian Hearst

TITLE
Independent Director
TENURE
0.8 yrs

Eugene Hodgson

TITLE
Independent Director
AGE
62
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Red Lake Gold individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
18. Oct 19 Buy Ryan Kalt Individual 18. Oct 19 18. Oct 19 6,500 CA$0.16 CA$1,040
05. Dec 19 Buy Ryan Kalt Individual 05. Dec 19 05. Dec 19 3,000 CA$0.21 CA$630
04. Dec 19 Buy Ryan Kalt Individual 04. Dec 19 04. Dec 19 13,000 CA$0.20 CA$2,550
19. Nov 19 Buy KALT Industries Ltd. Company 19. Nov 19 19. Nov 19 10,000 CA$0.15 CA$1,500
04. Nov 19 Buy KALT Industries Ltd. Company 01. Nov 19 04. Nov 19 7,500 CA$0.18 CA$1,350
01. Nov 19 Buy KALT Industries Ltd. Company 01. Nov 19 01. Nov 19 5,000 CA$0.19 CA$925
30. Sep 19 Buy Ryan Kalt Individual 30. Sep 19 30. Sep 19 10,000 CA$0.20 CA$2,000
23. Sep 19 Buy Ryan Kalt Individual 23. Sep 19 23. Sep 19 7,000 CA$0.39 CA$2,685
15. Oct 19 Buy Ryan Kalt Individual 15. Oct 19 15. Oct 19 12,500 CA$0.15 CA$1,875
10. Oct 19 Buy Ryan Kalt Individual 10. Oct 19 10. Oct 19 4,500 CA$0.16 CA$720
07. Oct 19 Buy Ryan Kalt Individual 07. Oct 19 07. Oct 19 12,000 CA$0.17 CA$2,040
01. Oct 19 Buy Ryan Kalt Individual 01. Oct 19 01. Oct 19 10,000 CA$0.19 CA$1,908
27. Sep 19 Buy Ryan Kalt Individual 27. Sep 19 27. Sep 19 9,000 CA$0.25 CA$2,250
26. Sep 19 Buy Ryan Kalt Individual 26. Sep 19 26. Sep 19 23,500 CA$0.27 CA$6,345
18. Sep 19 Buy Ryan Kalt Individual 18. Sep 19 18. Sep 19 6,500 CA$0.38 CA$2,470
11. Sep 19 Buy Ryan Kalt Individual 11. Sep 19 11. Sep 19 6,000 CA$0.40 CA$2,418
10. Sep 19 Buy Ryan Kalt Individual 10. Sep 19 10. Sep 19 5,000 CA$0.39 CA$1,967
06. Sep 19 Buy Ryan Kalt Individual 06. Sep 19 06. Sep 19 13,000 CA$0.43 CA$5,370
05. Sep 19 Buy Ryan Kalt Individual 05. Sep 19 05. Sep 19 19,000 CA$0.43 CA$8,135
04. Sep 19 Buy Ryan Kalt Individual 04. Sep 19 04. Sep 19 500,000 CA$0.25 CA$125,000
31. Aug 19 Buy Ryan Kalt Individual 28. Aug 19 28. Aug 19 1,000,000 CA$0.15 CA$150,000
23. Aug 19 Buy Ryan Kalt Individual 23. Aug 19 23. Aug 19 15,000 CA$0.38 CA$4,280
22. Aug 19 Buy Ryan Kalt Individual 22. Aug 19 22. Aug 19 257,000 CA$0.24 CA$52,868
21. Aug 19 Buy Ryan Kalt Individual 21. Aug 19 21. Aug 19 45,500 CA$0.20 CA$8,872
21. Aug 19 Buy Ryan Kalt Individual 19. Aug 19 21. Aug 19 239,000 CA$0.19 CA$43,351
16. Aug 19 Buy KALT Industries Ltd. Company 16. Aug 19 16. Aug 19 355,000 CA$0.19 CA$64,285
15. Aug 19 Buy KALT Industries Ltd. Company 15. Aug 19 15. Aug 19 21,000 CA$0.17 CA$3,570
13. Aug 19 Buy KALT Industries Ltd. Company 13. Aug 19 13. Aug 19 77,500 CA$0.18 CA$13,805
13. Aug 19 Buy KALT Industries Ltd. Company 12. Aug 19 12. Aug 19 98,500 CA$0.19 CA$18,430
13. Aug 19 Buy Ryan Kalt Individual 12. Aug 19 12. Aug 19 11,500 CA$0.18 CA$2,012
09. Aug 19 Buy KALT Industries Ltd. Company 09. Aug 19 09. Aug 19 97,000 CA$0.19 CA$17,840
08. Aug 19 Buy KALT Industries Ltd. Company 08. Aug 19 08. Aug 19 100,000 CA$0.18 CA$17,135
06. Aug 19 Buy KALT Industries Ltd. Company 06. Aug 19 06. Aug 19 326,800 CA$0.19 CA$57,831
01. Aug 19 Buy KALT Industries Ltd. Company 01. Aug 19 01. Aug 19 49,000 CA$0.17 CA$8,040
31. Jul 19 Buy KALT Industries Ltd. Company 31. Jul 19 31. Jul 19 40,000 CA$0.15 CA$6,000
31. Jul 19 Buy Ryan Kalt Individual 31. Jul 19 31. Jul 19 10,000 CA$0.16 CA$1,600
30. Jul 19 Buy KALT Industries Ltd. Company 30. Jul 19 30. Jul 19 150,000 CA$0.15 CA$22,328
29. Jul 19 Buy Ryan Kalt Individual 29. Jul 19 29. Jul 19 12,500 CA$0.15 CA$1,813
26. Jul 19 Buy Ryan Kalt Individual 26. Jul 19 26. Jul 19 52,500 CA$0.14 CA$7,350
23. Jul 19 Buy Ryan Kalt Individual 23. Jul 19 23. Jul 19 19,000 CA$0.14 CA$2,660
22. Jul 19 Buy Ryan Kalt Individual 22. Jul 19 22. Jul 19 36,500 CA$0.15 CA$5,175
19. Jul 19 Buy Ryan Kalt Individual 19. Jul 19 19. Jul 19 54,000 CA$0.12 CA$6,327
18. Jul 19 Buy Ryan Kalt Individual 18. Jul 19 18. Jul 19 20,000 CA$0.11 CA$2,200
17. Jul 19 Buy Ryan Kalt Individual 17. Jul 19 17. Jul 19 31,500 CA$0.12 CA$3,780
12. Jul 19 Buy KALT Industries Ltd. Company 12. Jul 19 12. Jul 19 5,000 CA$0.15 CA$750
11. Jul 19 Buy Ryan Kalt Individual 10. Jul 19 10. Jul 19 715,000 CA$0.07 CA$50,050
02. Jul 19 Buy Ryan Kalt Individual 02. Jul 19 02. Jul 19 5,000 CA$0.07 CA$350
29. Jun 19 Buy KALT Industries Ltd. Company 28. Jun 19 28. Jun 19 10,000 CA$0.07 CA$700
28. Jun 19 Buy KALT Industries Ltd. Company 28. Jun 19 28. Jun 19 30,000 CA$0.08 CA$2,250
26. Jun 19 Buy Ryan Kalt Individual 26. Jun 19 26. Jun 19 20,000 CA$0.08 CA$1,500
25. Jun 19 Buy Ryan Kalt Individual 25. Jun 19 25. Jun 19 40,000 CA$0.07 CA$3,000
24. Jun 19 Buy Ryan Kalt Individual 24. Jun 19 24. Jun 19 55,000 CA$0.07 CA$3,575
14. Jun 19 Buy Ryan Kalt Individual 14. Jun 19 14. Jun 19 15,000 CA$0.09 CA$1,275
07. Jun 19 Buy Ryan Kalt Individual 05. Jun 19 05. Jun 19 715,000 CA$0.07 CA$50,050
07. May 19 Buy Ryan Kalt Individual 07. May 19 07. May 19 11,000 CA$0.08 CA$880
30. Apr 19 Buy Ryan Kalt Individual 30. Apr 19 30. Apr 19 10,000 CA$0.07 CA$650
29. Apr 19 Buy Ryan Kalt Individual 29. Apr 19 29. Apr 19 35,000 CA$0.07 CA$2,275
15. Apr 19 Buy Ryan Kalt Individual 15. Apr 19 15. Apr 19 10,000 CA$0.08 CA$800
26. Apr 19 Buy Michael England Individual 25. Apr 19 25. Apr 19 30,000 CA$0.06 CA$1,800
12. Apr 19 Buy KALT Industries Ltd. Company 12. Apr 19 12. Apr 19 5,000 CA$0.08 CA$400
01. Apr 19 Buy KALT Industries Ltd. Company 01. Apr 19 01. Apr 19 10,000 CA$0.09 CA$900
25. Mar 19 Buy KALT Industries Ltd. Company 25. Mar 19 25. Mar 19 2,500 CA$0.10 CA$250
14. Mar 19 Buy KALT Industries Ltd. Company 14. Mar 19 14. Mar 19 25,000 CA$0.09 CA$2,250
13. Mar 19 Buy Michael England Individual 12. Mar 19 12. Mar 19 7,000 CA$0.10 CA$700
11. Mar 19 Buy Michael England Individual 11. Mar 19 11. Mar 19 23,000 CA$0.10 CA$2,300
05. Mar 19 Buy KALT Industries Ltd. Company 05. Mar 19 05. Mar 19 15,000 CA$0.12 CA$1,575
X
Management checks
We assess Red Lake 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. Red Lake 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

Red Lake Gold Inc. engages in the acquisition and exploration of gold properties in Canada. The company focuses on exploration at Whirlwind Jack Gold Project that covers an area of approximately 12,300 hectares located near Red Lake, Ontario. The company was formerly known as Pivit Exploration Inc. and changed its name to Red Lake Gold Inc. in July 2019. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.

Details
Name: Red Lake Gold Inc.
RGLD
Exchange: CNSX
Founded: 2017
CA$5,543,840
27,719,201
Website: http://www.redlakegold.ca
Address: Red Lake Gold Inc.
815 Hornby Street,
Suite 605,
Vancouver,
British Columbia, V6Z 2E6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX RGLD Common Shares Canadian National Stock Exchange CA CAD 09. May 2018
DB P11 Common Shares Deutsche Boerse AG DE EUR 09. May 2018
Number of employees
Current staff
Staff numbers
0
Red Lake Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/22 03:12
End of day share price update: 2020/02/21 00:00
Last earnings filing: 2019/10/28
Last earnings reported: 2019/08/31
Last annual earnings reported: 2018/11/30


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.