Goldgroup Mining Inc., together with its subsidiaries, focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas.
The last earnings update was 6 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
Goldgroup 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
is considered below, and whether this is a fair price.
Price based on past earnings
Goldgroup 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 Goldgroup 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
expected to grow at an
Unable to compare Goldgroup Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Goldgroup Mining's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Goldgroup Mining's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Goldgroup Mining is high growth as no earnings estimate data is available.
Unable to determine if Goldgroup 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 Goldgroup Mining's filings and announcements here.
Goldgroup 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.
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
Goldgroup Mining's finances.
The net worth of a company is the difference between its assets and liabilities.
Goldgroup Mining's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Goldgroup Mining's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Goldgroup 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 4.6x 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. Anthony Bob Balic serves as Chief Financial Officer and Secretary at Greenbriar Capital Corp. since Janaury 28, 2020. He served as Controller at Greenbriar Capital Corp. until January 28, 2020. He is the Interim Chief Executive Officer of Goldgroup Mining Inc. since June 26, 2019. He is the Chief Financial Officer at Lions Bay Capital Inc. since November 1, 2019 and has been its Director October 2019. He has been Chief Financial Officer of Omni Commerce Corp. since November 5, 2018 and serves as its Secretary. Mr. Balic serves as Chief Financial Officer for Captiva Verde Land Corp. He has been the Chief Financial Officer of Fidelity Minerals Corp (formerly Montan Mining Corp) since January 12, 2017 and has been its Director since June 14, 2018. Mr. Balic is Chief Financial Officer and Corporate Secretary at Goldgroup Mining Inc. since September 1, 2015. He has been Independent Director of RSI International Systems Inc. since February 05, 2019. Mr. Balic was the Director of Finance at Goldgroup Mining Inc. from May 1, 2015 to September 1, 2016. He was a Senior Manager at Deloitte LLP in Vancouver, where he specialized in assurance and advisory for mining companies. He worked with Canadian and U.S. publicly listed resource companies for many years. Mr. Balic is a Chartered Professional Accountant.
Anthony's compensation has increased whilst company is loss making.
Anthony's remuneration is lower than average for companies of similar size in United States of America.
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Goldgroup Mining board of directors is about average.
Board of Directors
Member of Advisory Board
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Goldgroup Mining Inc., together with its subsidiaries, focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas. It holds a 100% interests in the Cerro Prieto Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador. The company is headquartered in Vancouver, Canada.
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