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
Broadway Gold Mining. 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
Broadway Gold Mining's
is considered below, and whether this is a fair price.
Price based on past earnings
Broadway Gold Mining'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 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
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
Broadway Gold Mining
expected to grow at an
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.
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.
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.
Broadway Gold Mining'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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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:
The average tenure for the Broadway Gold Mining management team is less than 2 years, this suggests a new team.
Chief Financial Officer
Geologist & Qualified Person
Board of Directors Tenure
Average tenure and age of the
Broadway Gold Mining
board of directors in years:
The average tenure for the Broadway Gold Mining board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
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.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.