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Highway 50 Gold

TSXV:HWY
Snowflake Description

Mediocre balance sheet and overvalued.

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

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. More info.


Add to Portfolio Compare Print
  • Highway 50 Gold has significant price volatility in the past 3 months.
HWY Share Price and Events
7 Day Returns
6.7%
TSXV:HWY
4.8%
CA Metals and Mining
5.5%
CA Market
1 Year Returns
-63.6%
TSXV:HWY
-5.1%
CA Metals and Mining
-20.3%
CA Market
HWY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Highway 50 Gold (HWY) 6.7% -20% 6.7% -63.6% -87.3% -42.9%
CA Metals and Mining 4.8% -2.8% -8% -5.1% -18.4% 9.5%
CA Market 5.5% -6.5% -20.9% -20.3% -17.4% -12.5%
1 Year Return vs Industry and Market
  • HWY underperformed the Metals and Mining industry which returned -5.1% over the past year.
  • HWY underperformed the Market in Canada which returned -20.3% over the past year.
Price Volatility
HWY
Industry
5yr Volatility vs Market

HWY Value

 Is Highway 50 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 Highway 50 Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Highway 50 Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:HWY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.06
TSXV:HWY Share Price ** TSXV (2020-04-09) in CAD CA$0.08
Canada Metals and Mining Industry PE Ratio Median Figure of 79 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 499 Publicly-Listed Companies 11.49x

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

** Primary Listing of Highway 50 Gold.

TSXV:HWY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:HWY Share Price ÷ EPS (both in CAD)

= 0.08 ÷ -0.06

-1.42x

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

  • Highway 50 Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Highway 50 Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Highway 50 Gold's expected growth come at a high price?
Raw Data
TSXV:HWY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.42x
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 39 Publicly-Listed Metals and Mining Companies 0.59x
Canada Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 0.76x

*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 Highway 50 Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Highway 50 Gold's assets?
Raw Data
TSXV:HWY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$0.08
TSXV:HWY Share Price * TSXV (2020-04-09) in CAD CA$0.08
Canada Metals and Mining Industry PB Ratio Median Figure of 1,057 Publicly-Listed Metals and Mining Companies 1.24x
Canada Market PB Ratio Median Figure of 2,366 Publicly-Listed Companies 1.05x
TSXV:HWY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:HWY Share Price ÷ Book Value per Share (both in CAD)

= 0.08 ÷ 0.08

0.96x

* Primary Listing of Highway 50 Gold.

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

  • Highway 50 Gold is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Highway 50 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. Highway 50 Gold has a total score of 1/6, 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.

HWY Future Performance

 How is Highway 50 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 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 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
13.6%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Highway 50 Gold expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
TSXV:HWY Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 6.5%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*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
TSXV:HWY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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.
TSXV:HWY Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 0 -2
2019-06-30 0 -2
2019-03-31 0 -2
2018-12-31 0 -2
2018-09-30 0 -1
2018-06-30 0 -1
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 -1
2016-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
TSXV:HWY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Highway 50 Gold Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:HWY Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.06
2019-06-30 -0.06
2019-03-31 -0.06
2018-12-31 -0.06
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02

*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 Highway 50 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 HWY’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. Highway 50 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. Highway 50 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 Highway 50 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.
Highway 50 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.

HWY Past Performance

  How has Highway 50 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 Highway 50 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.
  • Highway 50 Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Highway 50 Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Highway 50 Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Highway 50 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 Highway 50 Gold Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:HWY Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 -1.98 0.48
2019-06-30 -1.97 0.48
2019-03-31 -2.12 0.69
2018-12-31 -2.12 0.70
2018-09-30 -0.58 0.66
2018-06-30 -0.60 0.68
2018-03-31 -0.42 0.44
2017-12-31 -0.45 0.45
2017-09-30 -0.45 0.42
2017-06-30 -0.45 0.42
2017-03-31 -0.50 0.48
2016-12-31 -0.56 0.48
2016-09-30 -0.57 0.51
2016-06-30 -0.50 0.52
2016-03-31 -0.47 0.47
2015-12-31 -0.52 0.73
2015-09-30 -0.59 0.86
2015-06-30 -0.54 0.84
2015-03-31 -0.62 0.86
2014-12-31 -0.51 0.57
2014-09-30 -0.41 0.41
2014-06-30 -0.47 0.35
2014-03-31 -0.30 0.28
2013-12-31 -0.23 0.24
2013-09-30 -0.22 0.21
2013-06-30 -0.23 0.22

*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 Highway 50 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 Highway 50 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 Highway 50 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 Highway 50 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.
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.

Full details on the Past part of the Simply Wall St company analysis model.

HWY Health

 How is Highway 50 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 Highway 50 Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Highway 50 Gold's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Highway 50 Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Highway 50 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.
  • Highway 50 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 Highway 50 Gold Company Filings, last reported 6 months ago.

TSXV:HWY Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 3.09 0.00 0.47
2019-06-30 2.90 0.00 0.24
2019-03-31 3.06 0.00 0.26
2018-12-31 3.16 0.00 0.33
2018-09-30 4.81 0.00 0.84
2018-06-30 4.26 0.00 0.29
2018-03-31 3.76 0.06 0.04
2017-12-31 3.85 0.00 0.07
2017-09-30 3.94 0.00 0.53
2017-06-30 4.03 0.00 0.67
2017-03-31 3.66 0.00 0.54
2016-12-31 3.44 0.00 0.40
2016-09-30 3.52 0.00 0.49
2016-06-30 3.63 0.00 0.86
2016-03-31 3.60 0.00 0.89
2015-12-31 3.80 0.00 1.04
2015-09-30 3.89 0.00 1.17
2015-06-30 3.93 0.00 1.28
2015-03-31 4.08 0.00 1.45
2014-12-31 4.04 0.00 1.91
2014-09-30 4.06 0.00 2.17
2014-06-30 4.06 0.00 2.33
2014-03-31 4.28 0.00 2.89
2013-12-31 1.86 0.00 0.52
2013-09-30 1.92 0.00 0.59
2013-06-30 1.98 0.00 0.71
  • Highway 50 Gold has no debt.
  • Highway 50 Gold currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Highway 50 Gold has less than a year of cash runway based on current free cash flow.
  • Highway 50 Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.4% each year.
X
Financial health checks
We assess Highway 50 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. Highway 50 Gold has a total score of 3/6, 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.

HWY Dividends

 What is Highway 50 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 Highway 50 Gold dividends.
If you bought CA$2,000 of Highway 50 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 Highway 50 Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Highway 50 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
TSXV:HWY 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 27 Stocks 1.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 4.4%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.5%
Canada Top 25% Dividend Yield 75th Percentile 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 Highway 50 Gold has not reported any payouts.
  • Unable to verify if Highway 50 Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Highway 50 Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Highway 50 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 Highway 50 Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Highway 50 Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Highway 50 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.

HWY Management

 What is the CEO of Highway 50 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
Gordon Leask
COMPENSATION CA$120,000
AGE 57
CEO Bio

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.

CEO Compensation
  • 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.
Management Team

Gordon Leask

TITLE
President
COMPENSATION
CA$120K
AGE
57

Scott Davis

TITLE
Chief Financial Officer
COMPENSATION
CA$36K
AGE
40
TENURE
4.1 yrs

Megan Cameron-Jones

TITLE
Corporate Secretary & Director
COMPENSATION
CA$60K
AGE
56
Board of Directors Tenure

Average tenure and age of the Highway 50 Gold board of directors in years:

11.8
Average Tenure
57
Average Age
  • 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

Gordon Leask

TITLE
President
COMPENSATION
CA$120K
AGE
57
TENURE
12.2 yrs

Megan Cameron-Jones

TITLE
Corporate Secretary & Director
COMPENSATION
CA$60K
AGE
56
TENURE
11.8 yrs

John Leask

TITLE
Director
COMPENSATION
CA$120K
AGE
63
TENURE
11.8 yrs

Peter Krag-Hansen

TITLE
Independent Director
AGE
65
TENURE
9.3 yrs

Bassam Moubarak

TITLE
Independent Director
AGE
42
TENURE
3.9 yrs
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.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
12. Mar 20 Buy Gordon Leask Individual 12. Mar 20 12. Mar 20 8,000 CA$0.09 CA$720
24. Feb 20 Buy Gordon Leask Individual 21. Feb 20 21. Feb 20 42,000 CA$0.09 CA$3,780
13. Sep 19 Buy Gordon Leask Individual 09. Sep 19 09. Sep 19 499,999 CA$0.15 CA$75,000
13. Sep 19 Buy John Leask Individual 09. Sep 19 09. Sep 19 400,000 CA$0.15 CA$60,000
X
Management checks
We assess Highway 50 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. Highway 50 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.

HWY News

Simply Wall St News

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.

Simply Wall St -

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

Simply Wall St -

HWY Company Info

Description

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.

Details
Name: Highway 50 Gold Corp.
HWY
Exchange: TSXV
Founded: 2004
CA$2,955,798
36,947,483
Website: http://www.highway50gold.com
Address: Highway 50 Gold Corp.
1177 West Hastings Street,
Suite 2300,
Vancouver,
British Columbia, V6E 2K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV HWY Common Shares TSX Venture Exchange CA CAD 22. Sep 2005
OTCPK HGGC.F Common Shares Pink Sheets LLC US USD 22. Sep 2005
DB HI5 Common Shares Deutsche Boerse AG DE EUR 22. Sep 2005
Number of employees
Current staff
Staff numbers
0
Highway 50 Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/10 00:33
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2019/11/29
Last earnings reported: 2019/09/30
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.