Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada and the United States.
The last earnings update was 133 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
Highway 50 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
Highway 50 Gold's
is considered below, and whether this is a fair price.
Price based on past earnings
Highway 50 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 Highway 50 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
Highway 50 Gold
expected to grow at an
Unable to compare Highway 50 Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Highway 50 Gold's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Highway 50 Gold's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Highway 50 Gold is high growth as no earnings estimate data is available.
Unable to determine if Highway 50 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.
Highway 50 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.
Highway 50 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.
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.
Mr. Gordon Patrick Leask, P.Eng, serves as the Chief Executive Officer and President of Highway 50 Gold Corp and served as its Corporate Secretary from May 2016. Mr. Leask has been the Chief Executive Officer and President of Tatmar Ventures Inc since 2008. He is President and owner of Eagle Putt. He served as the Chief Executive Officer of Mansfield Minerals Inc until October 31, 2012 and served as its President from 1991 to October 31, 2012. Mr. Leask has experience in the exploration and mining business. He has been a Director of Mansfield Minerals Inc. from September 1991; Tatmar Ventures Inc. since February 5, 2008; Highway 50 Gold Corp. from February 5, 2008; and Pachamama Resources Ltd from November 2008. He served as a Director of White Knight Resources Ltd. from January 23, 2003 to April 2007. He was Director at Regulus Resources Inc. from May 16, 2012 till February 22, 2019. Mr. Leask served as a Director at Aldebaran Resources Inc. until July 15, 2019. Mr. Leask is a Geologist and Professional Engineer and graduated from the University of British Columbia with a Bachelor of Applied Science degree in Geological Engineering in 1985.
Gordon's compensation has been consistent with company performance over the past year, both up more than 20%.
Gordon's remuneration is lower than average for companies of similar size in Canada.
Chief Financial Officer
Corporate Secretary & Director
Board of Directors Tenure
Average tenure and age of the
Highway 50 Gold
board of directors in years:
The average tenure for the Highway 50 Gold board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Corporate Secretary & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Highway 50 Gold individual insiders in the past 3 months, but not in substantial volumes.
How Does Investing In Highway 50 Gold Corp. (CVE:HWY) Impact The Volatility Of Your Portfolio?
Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. … What this means for you: Since Highway 50 Gold has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.
Is Highway 50 Gold Corp's (CVE:HWY) CEO Paid Enough Relative To Peers?
Gordon Leask took the helm as Highway 50 Gold Corp's (CVE:HWY) CEO and grew market cap to CA$11.63m recently. … CEOs leading companies of similar size and profitability … See our latest analysis for Highway 50 Gold
Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada and the United States. The company primarily explores for Carlin-type gold deposits. Its projects portfolio includes the Porter Canyon project, which comprises 201 unpatented claims located in Lander County, Nevada; the Golden Brew project that consists of 153 claims located in the Battle Mountain Mining District, Nevada; and the Monroe project covering an area of 1,282 hectares located in the Fort Steele Mining Division, Southeast British Columbia, as well as an early stage project located in Nevada. The company was formerly known as Tatmar Ventures Inc. and changed its name to Highway 50 Gold Corp. in July 2011. Highway 50 Gold Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.
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