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Broadway Gold Mining

OTCPK:BDWY.F
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BDWY.F
OTCPK
$4M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Broadway Gold Mining Ltd., through its subsidiary, Broadway Gold Corp. The last earnings update was 31 days ago. More info.


Add to Portfolio Compare Print
  • Broadway Gold Mining has significant price volatility in the past 3 months.
BDWY.F Share Price and Events
7 Day Returns
-87.5%
OTCPK:BDWY.F
-9.4%
US Metals and Mining
-10.6%
US Market
1 Year Returns
-86.1%
OTCPK:BDWY.F
-9.1%
US Metals and Mining
5.2%
US Market
BDWY.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Broadway Gold Mining (BDWY.F) -87.5% -87.5% - -86.1% -99.4% -
US Metals and Mining -9.4% -8.7% -9.8% -9.1% -13.9% 5.1%
US Market -10.6% -8.5% -4.6% 5.2% 23.2% 39.3%
1 Year Return vs Industry and Market
  • BDWY.F underperformed the Metals and Mining industry which returned -9.1% over the past year.
  • BDWY.F underperformed the Market in United States of America which returned 5.2% over the past year.
Price Volatility
BDWY.F
Industry
5yr Volatility vs Market

BDWY.F Value

 Is Broadway Gold Mining 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 Broadway Gold Mining. This is due to cash flow or dividend data being unavailable. The share price is $0.05.
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 Broadway Gold Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Broadway Gold Mining's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BDWY.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-11-30) in CAD CA$-0.23
OTCPK:BDWY.F Share Price ** OTCPK (2020-02-24) in USD $0.05
OTCPK:BDWY.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.342 CA$0.07
United States of America Metals and Mining Industry PE Ratio Median Figure of 40 Publicly-Listed Metals and Mining Companies 10.19x
United States of America Market PE Ratio Median Figure of 2,893 Publicly-Listed Companies 16.86x

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

** Primary Listing of Broadway Gold Mining.

OTCPK:BDWY.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:BDWY.F Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.23

-0.29x

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

  • Broadway Gold Mining is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Broadway Gold Mining is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Broadway Gold Mining's expected growth come at a high price?
Raw Data
OTCPK:BDWY.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.5x
United States of America Market PEG Ratio Median Figure of 1,986 Publicly-Listed Companies 1.46x

*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 Broadway Gold Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Broadway Gold Mining's assets?
Raw Data
OTCPK:BDWY.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-11-30) in CAD CA$0.59
OTCPK:BDWY.F Share Price * OTCPK (2020-02-24) in USD $0.05
OTCPK:BDWY.F Share Price converted to CAD reporting currency Exchange rate (USD/ CAD) 1.342 CA$0.07
United States of America Metals and Mining Industry PB Ratio Median Figure of 112 Publicly-Listed Metals and Mining Companies 1.4x
United States of America Market PB Ratio Median Figure of 5,102 Publicly-Listed Companies 1.64x
OTCPK:BDWY.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:BDWY.F Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.59

0.11x

* Primary Listing of Broadway Gold Mining.

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

  • Broadway Gold Mining is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Broadway Gold Mining'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. Broadway Gold Mining 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.

BDWY.F Future Performance

 How is Broadway Gold Mining 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 Broadway Gold Mining 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
12.1%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Broadway Gold Mining expected to grow at an attractive rate?
  • Unable to compare Broadway Gold Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Broadway Gold Mining's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Broadway Gold Mining's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:BDWY.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.6%

*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
OTCPK:BDWY.F 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.
OTCPK:BDWY.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-11-30 0 -1
2019-08-31 0 -1
2019-05-31 -1 -1
2019-02-28 0 -1
2018-11-30 -1 -1
2018-08-31 -1 -1
2018-05-31 -1 -1
2018-02-28 -1 -1
2017-11-30 -1 -1
2017-08-31 -1 -2
2017-05-31 -1 -2
2017-02-28 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Broadway Gold Mining is high growth as no earnings estimate data is available.
  • Unable to determine if Broadway Gold Mining 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
OTCPK:BDWY.F 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 Broadway Gold Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BDWY.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-11-30 -0.23
2019-08-31 -0.26
2019-05-31 -0.17
2019-02-28 -0.19
2018-11-30 -0.22
2018-08-31 -0.23
2018-05-31 -0.24
2018-02-28 -0.29
2017-11-30 -0.32
2017-08-31 -0.43
2017-05-31 -0.51
2017-02-28 -0.45

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

Next steps:

  1. Take a look at our analysis of BDWY.F’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. Broadway Gold Mining'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. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Broadway Gold Mining's filings and announcements 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 Broadway Gold Mining'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Broadway Gold Mining 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.

BDWY.F Past Performance

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

OTCPK:BDWY.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-11-30 -1.38 0.49
2019-08-31 -1.48 0.57
2019-05-31 -0.89 0.78
2019-02-28 -0.97 0.80
2018-11-30 -1.05 0.85
2018-08-31 -1.10 0.87
2018-05-31 -1.10 0.82
2018-02-28 -1.35 1.09
2017-11-30 -1.41 1.10
2017-08-31 -1.62 1.31
2017-05-31 -1.51 1.03
2017-02-28 -0.97 0.61
2016-11-30 -0.64 0.42
2016-08-31 -0.24 0.05
2016-05-31 -0.13 0.17
2016-02-29 -0.13 0.11
2015-11-30 -0.10 0.09
2015-08-31 -0.11 0.09
2015-05-31 -0.09 0.04
2015-02-28 -0.08 0.04
2014-11-30 -0.07 0.03
2014-08-31 -0.07 0.03
2014-05-31 -0.04 0.03
2014-02-28 -0.08 0.06
2013-11-30 -0.11 0.09
2013-08-31 -0.11 0.08
2013-05-31 -0.14 0.10

*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 Broadway Gold Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Broadway Gold Mining has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Broadway Gold Mining 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 Broadway Gold Mining'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.
Broadway Gold Mining 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.

BDWY.F Health

 How is Broadway Gold Mining'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 Broadway Gold Mining's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Broadway Gold Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Broadway Gold Mining has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Broadway Gold Mining'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.
  • Debt is covered by short term assets, assets are 261x debt.
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 Broadway Gold Mining Company Filings, last reported 2 months ago.

OTCPK:BDWY.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-11-30 3.69 0.02 0.02
2019-08-31 3.64 0.00 0.02
2019-05-31 4.60 0.00 0.06
2019-02-28 4.64 0.00 0.43
2018-11-30 4.51 0.00 0.02
2018-08-31 4.60 0.00 0.20
2018-05-31 4.22 0.00 0.14
2018-02-28 4.46 0.02 0.52
2017-11-30 4.74 0.00 1.12
2017-08-31 4.95 0.02 2.12
2017-05-31 5.15 0.00 2.82
2017-02-28 2.90 0.00 1.60
2016-11-30 1.02 0.00 0.41
2016-08-31 0.17 0.00 0.17
2016-05-31 0.34 0.00 0.22
2016-02-29 0.35 0.00 0.22
2015-11-30 0.37 0.00 0.24
2015-08-31 0.38 0.00 0.24
2015-05-31 0.44 0.00 0.26
2015-02-28 0.44 0.00 0.26
2014-11-30 0.46 0.00 0.29
2014-08-31 0.48 0.00 0.30
2014-05-31 0.54 0.00 0.36
2014-02-28 0.51 0.00 0.36
2013-11-30 0.51 0.00 0.37
2013-08-31 0.53 0.00 0.38
2013-05-31 0.54 0.00 0.43
  • Broadway Gold Mining's level of debt (0.4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Broadway Gold Mining's debt level has increased without past 5-year debt data.
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.

  • Broadway Gold Mining has less than a year of cash runway based on current free cash flow.
  • Broadway Gold Mining has less than a year of cash runway if free cash flow continues to grow at historical rates of 34.4% each year.
X
Financial health checks
We assess Broadway Gold Mining'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. Broadway Gold Mining 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.

BDWY.F Dividends

 What is Broadway Gold Mining'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 Broadway Gold Mining dividends.
If you bought $2,000 of Broadway Gold Mining shares you are expected to receive $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 Broadway Gold Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Broadway Gold Mining'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
OTCPK:BDWY.F 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
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1961 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.6%
United States of America Top 25% Dividend Yield 75th Percentile 4.1%

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 Broadway Gold Mining has not reported any payouts.
  • Unable to verify if Broadway Gold Mining's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Broadway Gold Mining's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Broadway Gold Mining 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 Broadway Gold Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Broadway Gold Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Broadway Gold Mining 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.

BDWY.F Management

 What is the CEO of Broadway Gold Mining'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
Duane Parnham
COMPENSATION CA$110,000
AGE 55
TENURE AS CEO 0.8 years
CEO Bio

Mr. Duane Parnham has been an Executive Chairman at Broadway Gold Mining Ltd. Since 2018. He has been a Director at Broadway Gold Mining Ltd. since October 2016. JHe was Executive Chairman of Giyani Metals Corp., from November 2010 until September 28, 2018 and served as the Chairman of Giyani Metals Corp. since November 2017. In 1990s, he has successfully developed exploration companies from the start-up stage to fully-permitted projects with considerable resources and reserves. He is President, CEO and Director of Canoe Mining Ventures Corp. since December 2013. He serves as the Chief Executive Officer and President of Broadway Gold Mining Ltd. since May 1, 2019. He was Chairman of Nevada Zinc Corp. from December 2015 to July 2017. Mr. Parnham is experienced in mining and hydrocarbon industries and has spent his career developing and founding several resource-focused companies, including but not limited to, Angus Mining Namibia Inc., Temex Resources Corp., Forsys Metals Corp., and Canoe Mining Ventures Corp. Mr. Parnham was also the Founder and Chairman of UNX Energy Corp. He was Director of Trigon Metals Inc. (formerly Kombat Copper Inc.) (Oct 2013 - Feb 2015), Forsys Metals Corp., Director of IC Potash Corp (July 2011-May 2012); Director of Security Devices International (Nov 2011 - Apr 2014). Mr. Parnham is a graduate of the Mineral Engineering Technology program at Fleming College. In 2011, Mr. Parnham established the Parnham Foundation, a Canadian non-profit organization aimed at advancing education internationally by providing scholarships and other educational assistance for underprivileged, impoverished or otherwise disadvantaged students, with a specific emphasis on Namibia. The focus of the advancement of education is in collaboration with Fleming College, located in Ontario, Canada. Mr. Parnham was honored with the Premiers Award for Business in 2018.

CEO Compensation
  • Duane's compensation has increased whilst company is loss making.
  • Duane's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Broadway Gold Mining management team in years:

1.4
Average Tenure
  • The average tenure for the Broadway Gold Mining management team is less than 2 years, this suggests a new team.
Management Team

Duane Parnham

TITLE
Executive Chairman
COMPENSATION
CA$110K
AGE
55
TENURE
0.8 yrs

Eric Myung

TITLE
Chief Financial Officer
TENURE
1.4 yrs

Bob Middleton

TITLE
Geologist & Qualified Person
TENURE
2.1 yrs
Board of Directors Tenure

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

2.6
Average Tenure
55
Average Age
  • The average tenure for the Broadway Gold Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors

Duane Parnham

TITLE
Executive Chairman
COMPENSATION
CA$110K
AGE
55
TENURE
2.1 yrs

Shawn Parnham

TITLE
Independent Director
AGE
53
TENURE
2.8 yrs

Suzanne Wood

TITLE
Director
COMPENSATION
CA$20K
AGE
62
TENURE
9.6 yrs

Roger Laine

TITLE
Independent Director
TENURE
2.6 yrs

Victoria Donato

TITLE
Independent Director
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Jun 19 Buy Duane Parnham Individual 03. Jun 19 03. Jun 19 41,000 $0.07 $2,738
08. May 19 Buy Duane Parnham Individual 06. May 19 07. May 19 150,000 $0.07 $10,770
16. Apr 19 Buy Duane Parnham Individual 16. Apr 19 16. Apr 19 9,000 $0.07 $606
05. Mar 19 Buy Duane Parnham Individual 04. Mar 19 04. Mar 19 200,000 $0.06 $11,254
05. Mar 19 Buy Duane Parnham Individual 04. Mar 19 04. Mar 19 91,000 $0.08 $6,224
X
Management checks
We assess Broadway Gold Mining'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. Broadway Gold Mining 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.

BDWY.F News

Simply Wall St News

BDWY.F Company Info

Description

Broadway Gold Mining Ltd., through its subsidiary, Broadway Gold Corp. engages in the acquisition, exploration, and development of mineral resource properties. It explores for copper, silver, cobalt, gold, vanadium, germanium, and uranium deposits. The company owns 100% interest in the Madison copper-gold project covering an area of 2,514 acres consisting of 6 patented lode claims and 137 unpatented lode mineral claims located in the Silver Star Mining District of southeast of Butte, Montana. It also holds an 85% interest in a land package in Namibia, Africa. The company was formerly known as Carolina Capital Corp. and changed its name to Broadway Gold Mining Ltd. in October 2016. Broadway Gold Mining Ltd. was incorporated in 2010 and is headquartered in Oakville, Canada.

Details
Name: Broadway Gold Mining Ltd.
BDWY.F
Exchange: OTCPK
Founded: 2010
$3,739,515
6,232,525
Website: http://www.broadwaymining.com
Address: Broadway Gold Mining Ltd.
277 Lakeshore Road East,
Suite 403,
Oakville,
Ontario, L6J 6J3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK BDWY.F Common Shares Pink Sheets LLC US USD 14. Dec 2010
DB BGH Common Shares Deutsche Boerse AG DE EUR 14. Dec 2010
Number of employees
Current staff
Staff numbers
0
Broadway Gold Mining employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/29 02:20
End of day share price update: 2020/02/24 00:00
Last earnings filing: 2020/01/29
Last earnings reported: 2019/11/30
Last annual earnings reported: 2019/08/31


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.