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Winston Gold

CNSX:WGC
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WGC
CNSX
CA$14M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Winston Gold Corp., a junior mining company, engages in the acquisition and exploration of mining claims. The last earnings update was 28 days ago. More info.


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  • Winston Gold has significant price volatility in the past 3 months.
WGC Share Price and Events
7 Day Returns
-21.7%
CNSX:WGC
-0.4%
CA Metals and Mining
1.2%
CA Market
1 Year Returns
100%
CNSX:WGC
18.6%
CA Metals and Mining
-0.4%
CA Market
WGC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Winston Gold (WGC) -21.7% 28.6% 80% 100% -83.3% -
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
  • WGC outperformed the Metals and Mining industry which returned 18.6% over the past year.
  • WGC outperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
WGC
Industry
5yr Volatility vs Market

WGC Value

 Is Winston 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.

In this section, we usually try to help investors determine whether Winston Gold is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Winston Gold has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Winston Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.09.
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 Winston Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Winston Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:WGC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.02
CNSX:WGC Share Price ** CNSX (2019-09-19) in CAD CA$0.09
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 Winston Gold.

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

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

= 0.09 ÷ -0.02

-5.6x

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

  • Winston Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Winston Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Winston Gold's expected growth come at a high price?
Raw Data
CNSX:WGC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.6x
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 Winston Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Winston Gold's assets?
Raw Data
CNSX:WGC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$-0.01
CNSX:WGC Share Price * CNSX (2019-09-19) in CAD CA$0.09
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:WGC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.09 ÷ -0.01

-7.15x

* Primary Listing of Winston Gold.

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

  • Winston Gold has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of WGC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Winston Gold's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Winston 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. Winston 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.

WGC Future Performance

 How is Winston 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 Winston 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
34.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Winston Gold expected to grow at an attractive rate?
  • Unable to compare Winston Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Winston Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Winston Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:WGC 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:WGC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:WGC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 -1 -2
2019-03-31 -1 -2
2018-12-31 -2 -2
2018-09-30 -1 -2
2018-06-30 -2 -2
2018-03-31 -1 -3
2017-12-31 -2 -4
2017-09-30 -5 -19
2017-06-30 -5 -19
2017-03-31 -5 -19
2016-12-31 -4 -17
2016-09-30 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Winston Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Winston 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:WGC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Winston Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:WGC Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.04
2017-09-30 -0.25
2017-06-30 -0.29
2017-03-31 -0.35
2016-12-31 -0.45
2016-09-30 -0.04

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

Next steps:

  1. Take a look at our analysis of WGC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Winston 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. Winston 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 Winston 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.
Winston 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.

WGC Past Performance

  How has Winston 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 Winston 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.
  • Winston Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Winston Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Winston Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Winston 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 Winston Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:WGC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 -1.77 1.58
2019-03-31 -1.68 1.62
2018-12-31 -1.78 1.66
2018-09-30 -2.33 1.87
2018-06-30 -2.45 2.04
2018-03-31 -2.72 2.45
2017-12-31 -3.55 3.38
2017-09-30 -19.44 19.39
2017-06-30 -19.14 19.10
2017-03-31 -18.73 18.62
2016-12-31 -17.49 17.44
2016-09-30 -0.95 0.96
2016-06-30 -0.52 0.52
2016-03-31 -0.28 0.28
2015-12-31 -0.28 0.26
2015-09-30 -0.93 0.91
2015-06-30 -0.94 0.92
2015-03-31 -0.89 0.88
2014-12-31 -0.81 0.81
2013-12-31 -0.01 0.01

*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 Winston Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Winston 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 Winston Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Winston 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.
Winston 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.

WGC Health

 How is Winston 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 Winston Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Winston Gold's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Winston Gold's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Winston 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.
  • Winston Gold has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Winston Gold Company Filings, last reported 2 months ago.

CNSX:WGC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -1.59 1.48 0.15
2019-03-31 -1.31 1.44 0.25
2018-12-31 -1.42 1.41 0.08
2018-09-30 -1.69 1.44 0.19
2018-06-30 -0.81 1.18 0.46
2018-03-31 -1.19 1.34 0.35
2017-12-31 -1.02 1.26 0.47
2017-09-30 -0.84 1.04 0.32
2017-06-30 -0.08 0.22 0.13
2017-03-31 0.16 0.11 0.11
2016-12-31 1.59 0.01 1.41
2016-09-30 2.16 0.04 2.25
2016-06-30 -0.13 0.08 0.03
2016-03-31 -0.03 0.21 0.38
2015-12-31 -0.34 0.08 0.03
2015-09-30 -0.28 0.14 0.11
2015-06-30 -0.19 0.07 0.11
2015-03-31 -0.15 0.04 0.12
2014-12-31 -0.20 0.00 0.11
2013-12-31 -0.01 0.00
  • Winston Gold has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Winston Gold's debt level has increased considering it has negative shareholder equity.
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.

  • Winston Gold has less than a year of cash runway based on current free cash flow.
  • Winston Gold has less than a year of cash runway if free cash flow continues to reduce at historical rates of -21.1% each year.
X
Financial health checks
We assess Winston 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. Winston Gold has a total score of 1/6, 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.

WGC Dividends

 What is Winston 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 Winston Gold dividends.
If you bought CA$2,000 of Winston 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 Winston Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Winston 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:WGC 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 Winston Gold has not reported any payouts.
  • Unable to verify if Winston Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Winston Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Winston 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 Winston Gold'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 Winston Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Winston 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.

WGC Management

 What is the CEO of Winston 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
Murray Nye
COMPENSATION CA$130,000
AGE 65
CEO Bio

Mr. Murray R. Nye serves as the Chief Executive Officer of Winston Gold Corp. (formerly, Winston Gold Mining Corp.) and was its Chairman. Mr. Nye served as the Chairman and Chief Executive Officer of American Telesource International Inc. from 1994 to October 1, 2015. He served as Chief Executive Officer and President at TrackX Holdings Inc. from March 2012 to June 2015. Mr. Nye served as the Chief Executive Officer of ATSI-Canada, a subsidiary of ATSI Communications Inc. since May 1994. He served as the Chief Executive Officer, President and Secretary of RX Exploration Inc. until July 2011. He served as the Chairman of the Board, Chief Executive Officer and President of Cougar Minerals Corp. from March 29, 2012 to October 01, 2015. He served as the Chief Executive Officer and President of RX Gold & Silver Inc. until July 26, 2011 and served as its Secretary. He cofounded Venbanc Inc. in 1994. He serves as principal of Venbanc, Inc. From 1989 to 1992, he was self-employed as a consultant. Mr. Nye has been principally employed since 1993 as a Consultant for Venbanc Investment & Management Group Inc. From December 1993 to May 1994, he served as a Consultant with Latcomm International Inc. From 1992 to 1995, he served as President of Kirriemuir Oil & Gas Ltd. Mr. R. Nye has been Director at Winston Gold Corp. since September 29, 2014. He served as a Director of ATSI-Canada since May 1994. He served as Director at RX Exploration Inc. since March 29, 2000. Mr. Nye served as a Director of Digerati Technologies, Inc since May 1994. He served as a Director of Montana Gold Mining Company Inc. (now known as Peloton Minerals Corporation) until April 2010. He served as a Director of Xpel Technologies Corp. from October 2003 to June 30, 2009. He served as a Director of Cougar Minerals Corp. from March 29, 2012 to October 01, 2015. He served as Director at TrackX Holdings Inc. from March 2012 to June 2015. Mr. Nye served as a Director of Clifton Mining Company since 1996. He serves as a Director of D.M.I. Technologies, Inc. and Venbanc, Inc. He served as a Director of Latcomm International Inc. from December 1993 to May 1994. He served as a Director of RX Gold & Silver Inc. since March 29, 2000. He served as a Director of Penstar Wirecom Inc from April 1995 to June 1996.

CEO Compensation
  • Murray's compensation has increased whilst company is loss making.
  • Murray's remuneration is lower than average for companies of similar size in Canada.
Management Team

Murray Nye

TITLE
CEO & Director
COMPENSATION
CA$130K
AGE
65

Max Polinsky

TITLE
President
COMPENSATION
CA$130K
AGE
61
TENURE
5 yrs

Joe Carrabba

TITLE
Executive Chairman
AGE
66

Megan Francis

TITLE
Corporate Secretary
AGE
43
Board of Directors Tenure

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

4.5
Average Tenure
62
Average Age
  • The tenure for the Winston Gold board of directors is about average.
Board of Directors

Murray Nye

TITLE
CEO & Director
COMPENSATION
CA$130K
AGE
65
TENURE
5 yrs

Max Polinsky

TITLE
President
COMPENSATION
CA$130K
AGE
61
TENURE
6.7 yrs

Joe Carrabba

TITLE
Executive Chairman
AGE
66
TENURE
0.2 yrs

Al Fabbro

TITLE
Director
AGE
62
TENURE
3.9 yrs

Darwin Porterfield

TITLE
Director
AGE
62
TENURE
5 yrs

Stan Stewin

TITLE
Director
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Winston Gold individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
29. Aug 19 Buy Joseph Carrabba Individual 28. Aug 19 28. Aug 19 2,700,000 CA$0.05 CA$135,000
29. Aug 19 Buy Maxwell Polinsky Individual 28. Aug 19 28. Aug 19 800,000 CA$0.05 CA$40,000
29. Aug 19 Buy Murray Nye Individual 28. Aug 19 28. Aug 19 600,000 CA$0.05 CA$30,000
19. Jul 19 Buy Joseph Carrabba Individual 15. Jul 19 18. Jul 19 50,000 CA$0.05 CA$2,542
12. Jul 19 Buy Joseph Carrabba Individual 09. Jul 19 12. Jul 19 123,000 CA$0.05 CA$6,112
26. Jun 19 Buy Joseph Carrabba Individual 25. Jun 19 25. Jun 19 25,000 CA$0.05 CA$1,152
24. Jun 19 Buy Joseph Carrabba Individual 21. Jun 19 21. Jun 19 95,100 CA$0.05 CA$4,398
29. May 19 Buy Joseph Carrabba Individual 28. May 19 29. May 19 75,000 CA$0.07 CA$4,736
02. Jun 19 Buy Joseph Carrabba Individual 30. May 19 30. May 19 15,000 CA$0.05 CA$800
27. May 19 Buy Joseph Carrabba Individual 20. May 19 22. May 19 171,000 CA$0.07 CA$9,750
21. May 19 Buy Joseph Carrabba Individual 16. May 19 17. May 19 219,867 CA$0.06 CA$11,703
13. May 19 Buy Joseph Carrabba Individual 09. May 19 10. May 19 100,000 CA$0.05 CA$5,353
08. May 19 Buy Joseph Carrabba Individual 08. May 19 08. May 19 75,000 CA$0.05 CA$3,439
27. Mar 19 Buy Murray Nye Individual 26. Mar 19 26. Mar 19 1,400,000 CA$0.05 CA$70,000
28. Mar 19 Buy Chatham Bay Limited Company 26. Mar 19 26. Mar 19 330,000 CA$0.05 CA$16,500
28. Mar 19 Buy Maxwell Polinsky Individual 26. Mar 19 26. Mar 19 345,000 CA$0.05 CA$17,250
X
Management checks
We assess Winston 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. Winston 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.

WGC News

Simply Wall St News

Insider Buying: The Winston Gold Corp. (CNSX:WGC) Executive Chairman Just Bought CA$135k Worth Of Shares

View our latest analysis for Winston Gold The Last 12 Months Of Insider Transactions At Winston Gold Notably, that recent purchase by Joseph Carrabba is the biggest insider purchase of Winston Gold shares that we've seen in the last year. … While Winston Gold insiders bought shares last year, they didn't sell. … When combined with notable insider ownership, these factors suggest Winston Gold insiders are well aligned, and that they may think the share price is too low.

Simply Wall St -

What Kind Of Shareholder Appears On The Winston Gold Corp.'s (CNSX:WGC) Shareholder Register?

Winston Gold is a smaller company with a market capitalization of CA$6.3m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Winston Gold CNSX:WGC Ownership Summary, August 9th 2019 What Does The Lack Of Institutional Ownership Tell Us About Winston Gold? … Insider Ownership Of Winston Gold The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

WGC Company Info

Description

Winston Gold Corp., a junior mining company, engages in the acquisition and exploration of mining claims. The company explores for gold and silver deposits. It owns interests in the Holmes property comprising 5 unpatented claims, as well as Winston property consisting of 13 patented claims covering an area of 205 acres located in Broadwater County, Montana, the United States. The company was formerly known as Winston Gold Mining Corp. and changed its name to Winston Gold Corp. in August 2017. Winston Gold Corp. was incorporated in 2013 and is based in Winnipeg, Canada.

Details
Name: Winston Gold Corp.
WGC
Exchange: CNSX
Founded: 2013
CA$14,304,701
158,941,123
Website: http://www.winstongoldmining.com
Address: Winston Gold Corp.
919 Notre Dame Avenue,
Suite 201,
Winnipeg,
Manitoba, R3E 0M8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX WGC Common Shares Canadian National Stock Exchange CA CAD 29. Mar 2016
DB 1W9 Common Shares Deutsche Boerse AG DE EUR 29. Mar 2016
Number of employees
Current staff
Staff numbers
0
Winston Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:14
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/08/23
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.